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Today Wednesday, August 26, 2026
Original operations The Hospitality Newsletter Team · ·For: Owner, GM, Revenue, Investor

My Place Hotels Expands Pipeline and Operating Footprint

The extended-stay brand opens a second Arkansas hotel and executes a franchise agreement in Colorado.

The short answer

My Place Hotels of America has opened its second Arkansas property in Jonesboro while signing a new franchise agreement in Westminster, Colorado. The brand now operates 81 hotels across the country with more than 120 properties in its pipeline.

63
guestrooms at My Place Hotel Jonesboro
opened April 2026
81
open and operating properties nationwide
brand footprint
120
hotels in development pipeline
pipeline total exceeds this figure
“With strong activity across healthcare, education and industrial work, Jonesboro is a great fit for our extended-stay model.”
Ryan Rivett, Co-founder and CEO, My Place Hotels
My Place Hotels Expands Pipeline and Operating Footprint
Photo: Otto Rascon / Pexels

The short version

  • My Place Hotels opened the 63-key My Place Hotel — Jonesboro, marking its second Arkansas location.
  • Indus Empire Investment signed a franchise agreement with the brand for a new property in Westminster, Colorado.
  • 81 My Place properties are open nationwide, backed by a pipeline of more than 120 hotels.

My Place Hotels of America is expanding its extended-stay footprint across regional submarkets through franchise partnerships, adding a newly opened property in Arkansas and signing a franchise agreement in Colorado. The brand targets submarkets supported by steady industrial, healthcare, corporate, and educational demand drivers to fuel network growth across the United States.

How does the new Jonesboro opening fit the brand's regional footprint?

The brand expanded its presence in Arkansas by opening the 63-key My Place Hotel — Jonesboro, AR, marking its second location in the state, according to Hotel Dive [2]. The northeastern Arkansas property is owned by Mataji LLC and was designed by Salt Lake City-based Richardson Design Partnership [2]. The hotel targets long-term travel demand generated by major local employers, including Arkansas State University, area hospitals, and industrial and manufacturing facilities [2].

hotel room kitchen counter
Photo: Andrea Davis / Pexels

My Place co-founder and CEO Ryan Rivett stated that Jonesboro represents the high-demand profile the company seeks, supported by steady business, healthcare, education, and construction activity [2]. The Jonesboro location follows the late April 2025 opening of the brand's first state property, the 63-room My Place Hotel — Bentonville/Rogers, AR, located near the Walmart headquarters [2].

What pipeline progress is occurring through franchise agreements?

In a separate regional development, South Dakota-based My Place Hotels signed a franchise agreement with Indus Empire Investment to bring a new hotel to Westminster, Colorado, Lodging Magazine reported [1]. The Colorado signing demonstrates the franchisor's continued efforts to secure regional footholds in western submarkets alongside its recent southern openings [1].

hotel construction site blueprints
Photo: Pavel Danilyuk / Pexels

Across the United States, My Place Hotels maintains an operating base of 81 open properties, as reported by Hotel Dive [2]. The company is pairing these operational openings with forward development commitments, reporting a development pipeline exceeding 120 hotels nationwide [2].

hotel parking lot charging station
Photo: panumas nikhomkhai / Pexels
Property / AgreementLocationKey CountOwnership / PartnerStatus
My Place Hotel — Jonesboro, ARJonesboro, Arkansas63Mataji LLCOpen (April 2026)
My Place Hotel — Bentonville/Rogers, ARBentonville/Rogers, Arkansas63Not specifiedOpen (April 2025)
Westminster DevelopmentWestminster, ColoradoNot specifiedIndus Empire InvestmentFranchise Agreement Signed

What amenities define the extended-stay guest model?

The newly opened Jonesboro property incorporates the brand's core operating template, featuring in-room kitchens, a 24/7 grab-and-go market, and pet-friendly guest policies [2]. In addition, the location installed electric vehicle charging stations to accommodate modern travel preferences [2]. The standard footprint is engineered to capture commercial traffic, healthcare workers, and long-term project crews requiring flexible accommodations [2].

Where else is My Place Hotels establishing its presence?

The brand's expansion reaches across varied geographic markets beyond Arkansas and Colorado. According to Hotel Dive, My Place Hotels also operates extended-stay locations in Vermont, North Carolina, and Missouri [2]. This geographic spread supports the chain's franchise-centric strategy as it works through its national pipeline [2].

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Frequently asked

+How many open hotels does My Place Hotels currently operate?

A spokesperson for My Place Hotels confirmed that the company has 81 properties open and operating across the United States.

+How large is the My Place Hotels development pipeline?

The extended-stay company currently has more than 120 hotels in its national development pipeline.

+Who owns and designed the new Jonesboro, Arkansas property?

The 63-key Jonesboro hotel is owned by Mataji LLC and was designed by Salt Lake City-based Richardson Design Partnership.

+What partner signed the franchise agreement in Westminster, Colorado?

My Place Hotels of America signed the franchise agreement for the Westminster, Colorado property with Indus Empire Investment.

+What were the primary demand drivers for the Jonesboro opening?

The Jonesboro property targets travel demand from Arkansas State University, regional hospitals, industrial and manufacturing facilities, and construction crews.

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