factual

Which office in Illinois handles franchise-related matters for Atwell Suites, and where is it located?

Atwell_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

nstitute one and the same instrument. Signatures via Conga Sign, DocuSign, .PDF file, facsimile, or other electronic format have the same force and effect as originals.

| Lease costs for the years ended December 31, 2024, 2023 and 2022 were (in thousands): | | | | | |---|---|---|---|---| | | 2024 | 2023 | 2022 | | | Operating lease expense for fixed payments | | $ 10,959 $ 11,451 $ 11,926 | | | | | 543 | 528 | 344 | | | Variable lease expense | | | | | | Short-term lease cost | 197 | 574 | 151 | | | Sub-lease income | (3,428) | (2,967) | (2,275) | | | Sub-lease interest income | (393) | (118) | - | | | Finance lease expense: | | | | | | | Depreciation of assets | 3,657 | 3,657 | 3,658 | | | Interest on lease liabilities | 23,205 | 23,021 | 22,854 | Hawaii Amendment

Amendment To The Holiday Hospitality Franchising, LLC Atwell Suites License Agreement Pursuant To the Illinois Franchise Disclosure Act

Notwithstanding anything to the contrary set forth in the above License Agreement ("License"), the following provisions shall supersede and apply to this License (and, have generally been made applicable by execution of a similar Amendment to each license for an Atwell Suites Hotel issued in, or for properties in, the State of Illinois):

    1. Notice Required By Law: The terms and conditions under which your License can be terminated and your rights upon non-renewal may be affected by Illinois law, 815 ILCS 705/19 and 705/20.
    1. In accordance with the provision under federal bankruptcy law (11 U.S.C.A. sec. 101, et seq.), paragraphs 11.C(1)(b) and (d) of the License shall be am

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

What This Means (2025 FDD)

Based on the 2025 Atwell Suites Franchise Disclosure Document, there is an amendment included pertaining to the Illinois Franchise Disclosure Act. This amendment indicates that the terms and conditions of the Atwell Suites license agreement, including termination and non-renewal rights, are affected by Illinois law (815 ILCS 705/19 and 705/20). This suggests that Illinois has specific regulations regarding franchise agreements that Atwell Suites must adhere to for franchises operating within the state.

However, the excerpt does not specify which particular office within Illinois handles franchise-related matters for Atwell Suites, nor does it provide the location of such an office. The amendment primarily focuses on ensuring that the franchise agreement complies with Illinois state laws, particularly concerning franchisee rights and termination conditions.

To obtain information about the specific Illinois office responsible for franchise-related matters and its location, a prospective Atwell Suites franchisee should directly contact the franchisor, Holiday Hospitality Franchising, LLC, or consult with a franchise attorney familiar with Illinois franchise law. This will help ensure full compliance with all state requirements and provide clarity on local regulatory procedures.

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.