For a Best Western U.S. membership, in which currency are the fees billed and paid?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
All Fees, Dues, Charges and Assessments
- A. U.S. Membership: Billed and paid in U.S. dollars.
- B. Canadian Membership: Billed in Canadian dollars based on the monthly exchange rate and paid in Canadian or U.S. dollars.
Source: Item 23 — Receipts (FDD pages 108–413)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, fees for a U.S. membership are both billed and paid in U.S. dollars. This applies to various fees, dues, charges, and assessments imposed on members.
This means that if you are considering a Best Western franchise in the United States, all financial transactions with the company will be conducted in U.S. currency. This simplifies budgeting and financial planning for franchisees, as they do not need to account for currency exchange rates when paying fees or receiving payments.
For Canadian memberships, the fees are billed in Canadian dollars based on the monthly exchange rate, but can be paid in either Canadian or U.S. dollars. This differs from U.S. memberships, where transactions are strictly in U.S. dollars.