What is the due date 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 document does not specify a due date for the Learning & Development allocation. However, it does state that if the value-add and specialist training exceeds 2% of the 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 allocation is 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.
Since the FDD does not provide a specific due date for this allocation, it is important for potential franchisees to discuss this with Atwell Suites to understand when these payments are expected. Understanding the payment schedule will help franchisees manage their budget effectively and ensure timely payments.
It is common in the franchise industry for franchisors to outline payment schedules for various fees and allocations in the FDD. The absence of a specific due date for the Learning & Development allocation in the Atwell Suites FDD is a notable exception. Therefore, prospective franchisees should clarify this point during their due diligence process to avoid any potential misunderstandings or financial strain.