table_specific

Where can I find the current total Reservation Fees that a Budget licensee must pay?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

quately address any charges or credits on the Composite Statement in accordance with the Standards (as defined in the License Agreement) (the "Review Period"). Licensee agrees that any changes or credits not properly contested or addressed within the Review Period will be considered final, due and payable to ABCR per the License Agreement and this Agreement. Licensee agrees that ABCR, at its sole discretion, will first apply any payments that it receives to the oldest balances first and that ABCR may modify the Review Period or any of the Standards relating to the Composite Statement upon written notice to the Licensee. - a. Reservation Fee. This fee is attributable to reservation operating expenses, which include reservations incoming from phone/GDS equipment, phone calls or internet/direct link reservations, including from budget.com. This fee also covers the operating expenses of the Reservation System, including expenses for the acquisition, maintenance and enhancement of facilities, equipment, personnel, marketing, customer relations and corporate overhead for the Reservation System. A list of the current total Reservation Fees are specified in Schedule F, which is attached hereto and incorporated herein by

reference. These expenses may be periodically adjusted to compensate for any increase or decrease in actual cost.

  • b. Third Party Automated Reservation Fee. This fee covers the reservation transmission fee for all reservations generated by third parties booked through their proprietary systems (also known as a Global Display System or "GDS" and referred to elsewhere in this Agreement as a "GDS") and processed through the Reservation System on Licensee's behalf. The current rates for this fee are indicated in Schedule 2 to Schedule F, which is attached hereto and incorporated herein by reference, and are subject to change as and to the extent that the GDS reservation fee rates that ABCR is required to pay changes.
  • c. Budget Centralized Commission Services Program Fee. This fee will cover the expenses of processing and paying commissions for travel source generated reservations in accordance with Schedule 3 to Schedule F, which is attached hereto and incorporated herein by reference, as amended from time to time.
  • d. International Phone Reservation Fee. This fee covers expenses for reservations made by international phone sources. The current International Phone Reservation Fee is listed in Schedule F.
  • e. All fees due to be paid by Licensee to ABCR under this Agreement are due and payable by Licensee via the online Composite Statement for such fees.

(b) Joint Resolution Procedures.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the current total Reservation Fees are specified in Schedule F, which is attached to and incorporated within the FDD. Additionally, the Summary Pages, specifically Section 10(d), also identifies the current Reservation Fee. Schedule F also contains information regarding Third Party Automated Reservation Fees in Schedule 2, and Budget Centralized Commission Services Program Fees in Schedule 3. The International Phone Reservation Fee is also listed in Schedule F.

These fees cover various aspects of the reservation system. This includes reservation operating expenses for incoming reservations from phone, GDS equipment, phone calls, internet, and direct links, including those from budget.com. The fees also cover the Reservation System's operating expenses, such as acquisition, maintenance, and enhancement of facilities, equipment, personnel, marketing, customer relations, and corporate overhead.

Budget licensees are required to participate in Budget's designated Reservation System and must pay the then-current reservation fees for each reservation transmitted to them, regardless of whether the reservation results in an actual rental. These fees are subject to change at Budget's discretion. Licensees must also accept and service all reservations at the time of day requested by the customer. Failure to pay Reservation Fees when due may result in Budget removing, suspending, or blocking the licensee's right to receive reservations.

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.