What is the definition of 'Learning & Development allocation' in the context of 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 the 2025 Atwell Suites Franchise Disclosure Document, the Learning & Development allocation refers to a budget intended for IHG Value-Add and Specialist learning offers, as well as the personal development of hotel employees through various training programs, including virtual and e-learning. This allocation is relevant when the cost of value-add and specialist training exceeds 2% of the hotel's total salaries and wages budget. In such cases, the Learning & Development allocation is capped at 2% of the hotel's total salaries and wages budget.
For a prospective Atwell Suites franchisee, this means that a portion of their hotel's budget must be allocated to training and development programs for employees. This ensures that employees receive the necessary training to maintain brand standards and provide quality service. The 2% cap provides a limit to this allocation, helping franchisees manage costs while still investing in employee development.
It's important for franchisees to understand how this allocation impacts their overall budget and to plan accordingly. They should also familiarize themselves with the IHG Value-Add and Specialist learning offers to make informed decisions about how to utilize the allocated funds effectively. This requirement highlights Atwell Suites' commitment to training and development, which can contribute to improved employee performance and guest satisfaction.