If a Best Western applicant leases the property, what documentation must be provided?

According to Best Western's 2025 Franchise Disclosure Document, if an applicant is leasing the property for their Best Western franchise, they must provide copies of recorded ownership/leasing documents. Best Western, as a membership organization, requires complete ownership or leasing information to consider an application. Additionally, financial statements for each individual and entity listed on the application are also required.

This requirement ensures that Best Western has a clear understanding of the legal and financial standing of the applicant. By requiring recorded leasing documents, Best Western verifies that the applicant has the legal right to operate a hotel at the specified location. The financial statements provide insight into the applicant's ability to meet the financial obligations of the franchise, including fees, dues, and property improvements.

Furthermore, all leases or management contracts for facilities associated with the Member Property must include provisions permitting assessment and renovation, as provided in Chapter V of the Rules and Regulations. This allows Best Western to ensure that the property meets brand standards and can be renovated if necessary. The facilities associated with the Member Property shall be presumed to be available for assessment and renovation unless established to the contrary by the Member and a waiver is secured from Best Western.

Prospective franchisees should ensure they have all necessary leasing documents and financial statements readily available when applying for a Best Western franchise. Understanding these requirements upfront can help streamline the application process and avoid delays.