When does the SRS Fee billing commence for a Baymont Inn Suites franchise?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Beginning on the "Billing Commencement Date", we will charge you a "SRS Fee" as reflected on Schedule A. The Billing Commencement Date is the date that our Agents book the first room reservation at your Facility. We will invoice you monthly for the SRS Fees which shall be payable on the same terms as Recurring Fees under your franchise or membership agreement with us or our affiliate. We may, in our discretion, increase the SRS Fee to cover our costs provided such fees are increased for all similarly situated SRS Facilities. We shall notify you no less than thirty (30) days prior to any such increase taking effect.
Source: Item 23 — RECEIPTS (FDD pages 97–443)
What This Means (2025 FDD)
According to the 2025 Baymont Inn Suites Franchise Disclosure Document, the SRS (Signature Reservation Service) Fee billing commences on the "Billing Commencement Date." This date is defined as the day that Baymont Inn Suites's Agents book the first room reservation at the franchisee's facility.
Baymont Inn Suites will invoice the franchisee monthly for these SRS Fees, and these fees are payable under the same terms as the recurring fees outlined in the franchise or membership agreement. Baymont Inn Suites retains the discretion to increase the SRS Fee to cover their costs, provided that such increases apply to all similarly situated SRS Facilities.
Baymont Inn Suites is obligated to notify franchisees at least thirty days before any such fee increase takes effect. This fee structure ensures that franchisees are charged for the reservation services they utilize, aligning costs with actual usage and providing transparency through monthly invoicing and advance notice of any fee adjustments.