What is the monthly fee for BestREV licensing, support, and maintenance for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| BestREV | Cost recovery set-up fee plus $175 per month for licensing, support and maintenance. | Due and payable monthly upon statement receipt. | Payable for use of demand forecasting and rate optimization software subscription program. |
Source: Item 6 — Other Fees (FDD pages 19–26)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the BestREV program incurs a monthly fee of $175 for licensing, support, and maintenance, in addition to a cost recovery set-up fee. This fee is payable monthly upon receipt of the statement. BestREV is a demand forecasting and rate optimization software subscription program.
This means that as a Bw Premier Collection franchisee, you will be required to pay $175 per month for the BestREV program, which provides tools for demand forecasting and rate optimization. This is in addition to an initial set-up fee to cover costs. The fee is due monthly and will appear on your statement.
Participation in the BestREV program is optional, but if you choose to use it, you should factor this recurring monthly cost into your operating budget. It is important to understand the potential benefits of the BestREV software in terms of increased revenue and efficiency to determine if the cost is justified for your Bw Premier Collection hotel. You should also clarify the amount of the 'cost recovery set-up fee' with Bw Premier Collection.