factual

Who is the guarantor of performance for the Baymont Inn Suites franchise?

Baymont_Inn_Suites Franchise · 2025 FDD

Answer 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

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 96)

What This Means (2025 FDD)

According to the 2025 Baymont Inn Suites Franchise Disclosure Document, Wyndham Hotels & Resorts, Inc., a Delaware corporation located in Parsippany, New Jersey, provides an absolute and unconditional guarantee of performance for Baymont Franchise Systems, Inc.

This guarantee ensures that Wyndham Hotels & Resorts, Inc. will cover all obligations of Baymont Franchise Systems, Inc. as the franchisor, according to the terms and conditions outlined in the franchise or license agreements. This includes any amendments, modifications, renewals, or extensions to these agreements.

The guaranty remains in effect until all obligations of Baymont Franchise Systems, Inc. are fulfilled or until their liability to franchisees or licensees is completely discharged. Wyndham Hotels & Resorts, Inc. will not be released from liability as long as any claim by a franchisee or licensee against Baymont Franchise Systems, Inc. is outstanding.

The guarantor, Wyndham Hotels & Resorts, Inc., has executed this Guaranty of Performance as of March 31, 2025, in Parsippany, New Jersey, through its Chief Financial Officer, Michele Allen.

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.