factual

What is the definition of 'Learning & Development allocation' in the context of an Atwell Suites franchise?

Atwell_Suites Franchise · 2025 FDD

Answer 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 refers to a budget earmarked for training and development activities for hotel employees. If the cost of value-add and specialist training exceeds 2% of the hotel's total salaries and wages budget, the Learning & Development allocation is capped at that 2% threshold.

This allocation is specifically intended to cover the expenses associated with IHG Value-Add and Specialist learning programs, as well as other training initiatives designed for the personal development of hotel staff. These programs encompass various formats, including virtual and e-learning opportunities.

For a prospective Atwell Suites franchisee, this means that a portion of their hotel's budget must be set aside for employee training. While the franchisor encourages investment in learning and development, there is a limit to how much of the total salaries and wages budget should be allocated for this purpose. This ensures that franchisees can invest in employee development while maintaining financial control.

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.