My Place Hotels Franchise Development EVP Terry Kline to Retire After 40 Years of Industry Leadership

ABERDEEN, SD — April 29, 2026 — My Place Hotels of America announced today that Terry Kline, executive vice president of franchise development, will retire at the end of May after more than four decades in the hospitality industry.

Kline’s career includes the sale of more than 800 franchise units and a legacy defined not only by exceptional performance, but by the relationships, culture, and leadership he cultivated throughout the industry. Since joining My Place Hotels at its inception, Kline has led franchise development for the past 12 years, playing a foundational role in shaping the brand’s growth trajectory and establishing its presence within the extended-stay segment.

“Terry joined us at a pivotal moment — when the My Place brand was in its earliest stages, with just a handful of hotels open and several more under development,” said Ryan Rivett, co-Founder and CEO of My Place Hotels. “Within a matter of months, he had secured our first independent franchise partners and built the early momentum that would define our growth. His ability to connect with people, build trust, and execute at a high level set the tone for everything that followed.”

Kline’s history with The Rivett Organization dates back to the mid-1980s, when he was first recruited by Ron Rivett, co-founder of Super 8 Motels. During his tenure with Super 8, Kline contributed to one of the most significant franchise expansion stories in the hospitality industry, continuing his work into the early 2000s. He later played key roles in the growth of the GuestHouse and Settle Inn brands before rejoining The Rivett Organization in 2014 to help launch and lead franchise development for My Place Hotels.

Beyond the numbers, Kline’s impact is most evident in the culture he helped build and the people he mentored along the way. His leadership style — grounded in integrity, consistency, and a genuine commitment to others — has left a lasting imprint on the organization.

“Looking back, what mattered most wasn’t the deals or the numbers. It was the people,” Kline said. “The developers who took a chance on a new brand, the franchisees who trusted us with their investment, the teammates who showed up every day to build something real. If there’s one thing I’ve learned, it’s that the relationships are the job. Everything else follows from that.”

“Terry is far more than a leader in franchise sales and development — he is a builder of teams, a mentor, and a steward of culture,” Rivett added. “Over the past 12 years, he has contributed immeasurably to the foundation of this company. His influence will continue to be felt in the strength of our relationships, the character of our team, and the trajectory of our brand for years to come.”

The Rivett Organization and My Place Hotels extend their deepest gratitude to Kline for his dedication and leadership, and wish him the very best as he enters a well-earned retirement, with more time to spend with family and enjoy the rewards of an extraordinary career.

About My Place Hotels of America, LLC 

My Place Hotels of America, LLC (“My Place Hotels”) is an extended-stay hotel franchisor focusing on franchising clean and comfortable hotels with modern rooms, amenities, and excellent customer service, all at an affordable price. Based in Aberdeen, SD, the company has an established presence across 32 states with over 125 hotels in the pipeline, offering two hotel brand options to current and potential franchisees. For more information on franchising with My Place Hotels, please visit myplacehotels.com/franchising.

About The Rivett Organization
The Rivett Organization is a vertically integrated hospitality and real estate platform with more than 50 years of industry engagement. Through its affiliated companies, including My Place Hotels, Legacy Builders, and Legacy Management, the organization delivers comprehensive capabilities across franchise development, construction, and hotel operations.