What is the definition of 'Rental Program' for a Camp Margaritaville franchise?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
2.8 "Dwellings System" shall mean the concept and systems associated with the Dwellings, Vacation Rentals and Rental Program, as Franchisor periodically modifies any of the foregoing, including the Dwellings Intellectual Property, the Confidential Information; the Décor, quality assurance measures; the Training Program and Task Force; and the Dwellings Standards;
2.9 "Dwellings Standards" shall mean those procedures, standards, specifications, controls, systems, furniture, fixtures and equipment (FF&E), operating supplies and equipment (OSE), manuals, guides, recipes, ingredients and other distinguishing elements or characteristics which Franchisor and its Affiliates have developed in connection with the operation of themed and branded dwellings, vacation rentals and rental programs which standards are such that the Dwellings, Vacation Rentals and Rental Program shall be managed and operated in such a manner as required to provide high quality services of substantially the same quality and distinguishing characteristics as are provided at the same or similarly branded dwellings, vacation rentals and rental programs franchised or licensed by Franchisor (or its Affiliates);
2.10 "Gross Rental Revenue" shall mean all revenue generated from the rental of Dwellings through a Rental Program before any splits between Franchisee and Dwelling Owner, excluding:
2.10.1 federal, state, or municipal excise, room, sales, or use taxes, or other similar impositions collected directly from patrons or guests or included as part of the sales price for any goods or services, and which must be remitted to a governmental authority;
2.10.2 gratuities, services charges or other similar receipts collected for payment to and paid to Franchisee's staff and complimentary products;
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville Franchise Disclosure Document, the 'Rental Program' is part of the 'Dwellings System,' which includes concepts and systems associated with dwellings, vacation rentals, and rental programs. Camp Margaritaville periodically modifies this system, incorporating elements such as intellectual property, confidential information, décor, quality assurance, training, and standards.
The 'Dwellings Standards' further define the operational requirements, including procedures, standards, specifications, controls, systems, furniture, fixtures, equipment, manuals, guides, recipes, ingredients, and other characteristics. These standards ensure that the dwellings, vacation rentals, and rental programs are managed to provide high-quality services consistent with other similarly branded properties franchised or licensed by Camp Margaritaville.
Gross Rental Revenue is defined as all revenue generated from the rental of Dwellings through a Rental Program before any splits between Franchisee and Dwelling Owner, excluding federal, state, or municipal excise, room, sales, or use taxes, or other similar impositions collected directly from patrons or guests or included as part of the sales price for any goods or services, and gratuities, services charges or other similar receipts collected for payment to and paid to Franchisee's staff and complimentary products.