What is the Transfer Fee to transfer or assign the Bw Premier Collection agreement, and what is required?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| Annual Quality Assurance (QA) Assessment Fee | Annual assessment fee. | Cost recovery fee billed annually, currently $2,100. Hotel is also required to provide a free room night to the QA Inspector. |
|---|---|---|
| QA Reassessment Fee | Fee charged for reassessment after a failed QA assessment. | $2,100 cost recovery fee. Hotel is also required to provide a free room night to the QA Inspector. |
| Medallia Fee | Fee to provide Hotel access to guest satisfaction surveys through Medallia. | $50 monthly usage fee- required. |
| Online Travel Agency (“OTA”) Marketing Fund Assessment | Annual marketing fee for costs of OTA advertising and marketing. | $250 annual fee per System Hotel. |
| Customer Care/First Contact Resolution (FCR) | Fee for BWI Customer Care agent. Hotel given 2 days to respond; if no response, complaint will be addressed by BWI. | $50 per call handled. FCR: cost of compensation up to one comp room. Non-FCR: $75 per non- response, plus cost of any compensation to customer |
| Two-Way Connectivity Support Fee | If the Hotel elects two-way connectivity, a one- time Two-Way connectivity installation fee of $1,500 and a Two-Way Connectivity Support fee that ranges from $41 to $669 per month (based on the hotel’s property management system). | Due and payable monthly upon statement receipt. |
| Hotel Managed Security Service (“HMSS”) | One-time fee for installation of HMSS typically ranging from $2,100 to $3,500 and a monthly maintenance fee of $130 per month upon installation of HMSS. | Due and payable monthly upon statement receipt. |
| Service Charge | Service charge if you do not make any payment to us or our affiliates when due. | 1 ½ % of delinquent account balance assessed monthly (18% Annual Percentage Rate). |
| Transfer Fee | Fee to transfer or assign the Agreement (requires BWI consent). | $10,000 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection FDD, a franchisee who wishes to transfer or assign their franchise agreement is required to pay a Transfer Fee of $10,000. The FDD specifies that Bw Premier Collection's consent is required for any such transfer or assignment to be valid.
It is important to note that transfer fees are collected only to the extent that they reflect Bw Premier Collection's reasonable estimated or actual costs in processing the transfer. This suggests that the $10,000 fee is intended to cover the administrative and legal expenses associated with reviewing and approving the transfer.
Prospective franchisees should carefully consider this fee and the conditions for transfer when evaluating the Bw Premier Collection franchise opportunity. Understanding the requirements for transferring the franchise is crucial for future planning and potential exit strategies.