Where can I find the guaranty of performance by WHR related to the Baymont Inn Suites franchise?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
For value received, WYNDHAM HOTELS & RESORTS, INC., a Delaware corporation, located at 22 Sylvan Way, Parsippany, New Jersey 07054, USA, absolutely and unconditionally guarantees the performance by its indirect subsidiary, BAYMONT FRANCHISE SYSTEMS, INC., a Delaware corporation, with its registered office located at 22 Sylvan Way, Parsippany, New Jersey 07054, USA, as franchisor, of all its obligations in accordance with the terms and conditions of its franchise or license agreements and other agreements issued pursuant to the Baymont Inn & Suites Franchise Disclosure Document and entered into from and after the date hereof as such franchise, license and other agreements shall have been or may hereafter be amended, modified, renewed or extended from time to time. This Guaranty shall continue in force until all such obligations of BAYMONT FRANCHISE SYSTEMS, INC. shall have been satisfied or until such liability of BAYMONT FRANCHISE SYSTEMS, INC. to such franchisees or licensees has been completely discharged, whichever first occur. WYNDHAM HOTELS & RESORTS, INC. shall not be discharged from liability hereunder as long as any such claim by a franchisee or licensee against BAYMONT FRANCHISE SYSTEMS, INC. remains outstanding. Notice of acceptance is waived. Notice of default on the part of BAYMONT FRANCHISE SYSTEMS, INC. is not waived. This Guaranty shall be binding upon WYNDHAM HOTELS & RESORTS, INC., its successors and assigns.
IN WITNESS WHEREOF, WYNDHAM HOTELS & RESORTS, INC. has, by a duly authorized officer, executed this Guaranty of Performance in Parsippany, New Jersey as of the 31st day of March 2025.
WYNDHAM HOTELS & RESORTS, INC. a Delaware corporation
Michele Allen
Chief Financial Officer
ATTEST:
Michael Heistein
Senior Vice President, Legal
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 96)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, Wyndham Hotels & Resorts, Inc. (WHR) guarantees the performance of Baymont Franchise Systems, Inc.'s obligations under the franchise agreements. This guaranty can be found in Item 23, which is related to receipts. Specifically, it states that WHR absolutely and unconditionally guarantees the performance of Baymont Franchise Systems, Inc. as the franchisor.
The guaranty ensures that WHR will fulfill all obligations in accordance with the terms and conditions of the franchise or license agreements issued under the Baymont Inn & Suites Franchise Disclosure Document. This guaranty remains in effect until all obligations of Baymont Franchise Systems, Inc. are satisfied or the liability to franchisees or licensees is completely discharged. WHR will not be released from liability as long as any claim by a franchisee or licensee against Baymont Franchise Systems, Inc. is outstanding.
The document includes a waiver of notice of acceptance but does not waive notice of default on the part of Baymont Franchise Systems, Inc. The guaranty is binding upon WHR, its successors, and assigns. The guaranty was executed by Michele Allen, Chief Financial Officer of Wyndham Hotels & Resorts, Inc., on March 31, 2025, in Parsippany, New Jersey, and attested by Michael Heistein, Senior Vice President, Legal.