What is the condition that triggers the requirement for the Learning & Development allocation for Atwell Suites?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Where the amount of the value-add and specialist training exceeds 2% of your Hotel's total salaries and wages budget, the Learning & Development allocation should be capped at 2% of the Hotel's total salaries and wages budget. This estimated budget amount is required for the consumption of IHG Value-Add and Specialist learning offers and the personal development of Hotel employees through other various training programs, which also includes virtual and e-learning.
Source: Item 6 — OTHER FEES (FDD pages 30–56)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, the Learning & Development allocation is triggered when the value-add and specialist training exceeds 2% of the hotel's total salaries and wages budget. In this case, the Learning & Development allocation should be capped at 2% of the hotel's total salaries and wages budget.
This allocation is an estimated budget amount required for the consumption of IHG Value-Add and Specialist learning offers. It also covers the personal development of hotel employees through various training programs, including virtual and e-learning. This means that Atwell Suites franchisees need to budget for employee training and development, and if the cost of these programs exceeds 2% of the total salaries and wages, the allocation is capped at that level.
For a prospective franchisee, this means carefully planning and managing employee training expenses to stay within the allocated budget. It also highlights the importance of utilizing IHG's Value-Add and Specialist learning offers and other training programs to maximize the value of the investment in employee development. Understanding this allocation and its conditions is crucial for financial planning and operational efficiency.