factual

What is the deadline for an Atwell Suites licensee to comply with any Security Practices Update provided by IHG?

Atwell_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

Without limiting Licensee's obligations set forth in subparts 7.1.1, 7.1.2 and 7.1.3 above, Licensee will comply with any additional security and data protection practice requirements that IHG will provide to Licensee in writing, which may be updated from time to time (the "Security Practices"). IHG may, in its sole discretion, amend the Security Practices at any time without prior notice (each, a "Security Practices Update"). A Security Practices Update may include additional terms and conditions, including the additional obligations of Licensee. Licensee will comply with any Security Practices Update within thirty (30) days following the date of the Security Practices Update and will comply with any changes to applicable laws, contractual obligations, and industry requirements (including PCI DSS and any successor standard) within the time period provided by such law or industry requirement.

Source: Item 23 — Receipts (FDD pages 99–486)

What This Means (2025 FDD)

According to Atwell Suites's 2025 Franchise Disclosure Document, an Atwell Suites licensee must comply with any Security Practices Update within thirty (30) days following the date of the Security Practices Update. These updates are provided in writing by IHG and may be amended at any time without prior notice. These Security Practices Updates may include additional terms and conditions, including additional obligations for the licensee.

In addition to complying with Security Practices Updates, the licensee must also comply with any changes to applicable laws, contractual obligations, and industry requirements, such as PCI DSS, within the time period provided by such law or industry requirement. The licensee is responsible for ensuring adequate security and backup procedures to avoid unauthorized access to, use of, or inadvertent loss of data. The security standards implemented by the licensee should be no less than the standard of care in the industry.

This means that Atwell Suites franchisees need to stay informed about updates from IHG regarding security practices and be prepared to implement those changes quickly. They also need to remain current with all applicable laws and industry standards related to data security and privacy. Failure to comply with these requirements could result in penalties or other legal consequences.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.