How long are the renewal terms for the Bw Premier Collection agreement?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
- a. This Agreement has a term that ends on December 31st of the year that is the tenth (10th) anniversary of the date of the Hotel's activation on BWI Reservation Channels (e.g., bestwestern.com, the BWI reservations call center, and BWI connections to GDS systems) (the "Term"). The Term shall automatically renew for successive ten (10) year Terms unless a Party provides the other with notice of its intent not to renew at least six (6) months prior to the end of the then- current Term.
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection FDD, the agreement has an initial term that ends on December 31st of the tenth year after the hotel's activation on BWI Reservation Channels. This includes bestwestern.com, the BWI reservations call center, and BWI connections to GDS systems.
The agreement automatically renews for additional ten-year terms. However, either party can prevent renewal by providing notice of their intent not to renew at least six months before the end of the current term.
This means a Bw Premier Collection franchisee can expect to operate under the agreement for at least ten years initially, with the possibility of extending the agreement in ten-year increments, provided neither party objects within the specified timeframe. This offers a degree of long-term stability but also requires franchisees to remain vigilant about the renewal timeline if they do not wish to continue the agreement.