My Place Hotels of America Revenue and Competitors
Estimated Revenue & Valuation
- My Place Hotels of America's estimated annual revenue is currently $79.6M per year.
- My Place Hotels of America's estimated revenue per employee is $279,400
Employee Data
- My Place Hotels of America has 285 Employees.
- My Place Hotels of America grew their employee count by 4% last year.
My Place Hotels of America's People
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My Place Hotels of America Competitors & AlternativesAdd Company
Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
---|---|---|---|---|---|
#1 | $30M | 118 | -2% | N/A | N/A |
#2 | $34.5M | 136 | 1% | N/A | N/A |
#3 | $19.8M | 78 | 10% | N/A | N/A |
#4 | $20.1M | 79 | -4% | N/A | N/A |
#5 | $23.9M | 94 | 32% | N/A | N/A |
#6 | $16.5M | 72 | 7% | N/A | N/A |
#7 | $51.9M | 190 | 42% | $50K | N/A |
#8 | $76.8M | 275 | 26% | N/A | N/A |
#9 | $7.7M | 38 | -21% | N/A | N/A |
#10 | $43M | 154 | 24% | N/A | N/A |
What Is My Place Hotels of America?
The visionary team behind My Place Hotels of America has been involved in nearly every aspect of the hotel business for almost 40 years. My Place co-founder and Chairman Ron Rivett co-founded Super 8 Motels Inc. in Aberdeen, South Dakota in 1974, along with long-time friend Dennis Brown. After selling the wildly successful Super 8 Motel system in 1993, Ron remained in the hotel business developing, building, and operating Super 8 Motels and other branded properties as a franchisee until 2011. \n \nOn the heels of economic recession, it became apparent to Ron that the original Super 8 philosophy of a ‘clean, comfortable room for a few bucks less than the guy next door’ was more relevant than ever. This time, however, it would be different. In order to meet the needs of today’s individuals, families, workers, and business travelers, this new hotel would be well suited to both short and long term stays. It would need to be clean and comfortable with modern amenities, and all at an affordable price, and so the My Place Hotels of America concept was born.\n\nIn February, 2012 the first My Place hotel opened for business in Dickinson, ND and began what would become a two-year proof of concept period, wherein the founders of My Place hotels would develop build, supply, open and operate 5 My Place hotels. Locations include the energy development driven North Dakota markets of Dickinson, Minot, and Bismarck, the heavily traveled intersection of interstates 80 and 25 at Cheyenne, WY and the dual seasoned, demographically diverse vacation market of Bozeman, MT. Fast forward to January 2014 with a rapidly growing pipeline of properties on the horizon, and the objective of transforming a concept into a reality and proving that the My Place concept works in various markets behind them, My Place Hotels of America was set to embark on the next phase as we began to welcome franchisee’s to join us on our journey!
keywords:N/AN/A
Total Funding
285
Number of Employees
$79.6M
Revenue (est)
4%
Employee Growth %
N/A
Valuation
N/A
Accelerator
My Place Hotels of America News
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Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
---|---|---|---|---|
#1 | $37.6M | 285 | 8% | N/A |
#2 | $90.9M | 285 | -1% | N/A |
#3 | $84.6M | 285 | 6% | N/A |
#4 | $76.2M | 285 | 33% | N/A |
#5 | $50.2M | 285 | N/A | N/A |