What is the Relicense Fee for a Baymont Inn Suites franchise renewal in 2024?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
In 2024, the Relicense Fee for each franchise renewal was $26,000.
All franchisees, including those of transfer facilities and those renewing their franchises, are required to participate in Continuing Education, to send their initial general manger to our Hospitality Management Program, and to pay the fee for such programs, as described above. However, renewal franchisees may be exempt from our Hospitality Management Program, provided their general manager has completed the training within the last eight years.
Source: Item 5 — INITIAL FEES (FDD pages 27–30)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the Relicense Fee for each franchise renewal in 2024 was $26,000. This fee is non-refundable and is paid instead of an Initial Fee. However, Baymont Inn Suites may negotiate a lower Relicense Fee for a subsequent renewal at the time the parties sign the original, transfer, or renewal Franchise Agreement, when business circumstances warrant.
In addition to the Relicense Fee, franchisees renewing their franchises are required to participate in Continuing Education and to send their initial general manager to Baymont Inn Suites's Hospitality Management Program, and to pay the fee for such programs. However, renewal franchisees may be exempt from the Hospitality Management Program, provided their general manager has completed the training within the last eight years.
Prospective franchisees should be aware that while the standard Relicense Fee for renewals in 2024 was $26,000, this fee can be subject to change in the future. It is important to discuss potential renewal fees and conditions with Baymont Inn Suites during the initial franchising process to understand the long-term financial commitments and obligations.