factual

What is the definition of 'virtual and e-learning' in the context of Atwell Suites?

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 term 'virtual and e-learning' is mentioned in the context of training programs for hotel employees. The FDD does not provide a specific definition of 'virtual and e-learning'. However, it is included as part of the IHG Value-Add and Specialist learning offers and other various training programs for the personal development of hotel employees.

The FDD states that the amount allocated for Learning & Development should be capped at 2% of the hotel's total salaries and wages budget if the value-add and specialist training exceeds this percentage. This budget covers IHG Value-Add and Specialist learning offers, as well as other training programs, including virtual and e-learning, for hotel employees' personal development.

Prospective Atwell Suites franchisees should inquire with the franchisor, IHG, to gain a clearer understanding of what specific training programs are included under 'virtual and e-learning', the costs associated with these programs, and how they contribute to the overall development of hotel staff. Understanding the scope and content of these programs is essential for budgeting and ensuring that employees receive adequate training.

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.