According to the Caption By Hyatt guarantee, who is 'Hyatt' in this agreement?

According to the 2025 Caption By Hyatt Franchise Disclosure Document, references to "Hyatt" in the agreement extend beyond just the franchisor itself. Specifically, all of Hyatt's rights and the franchisee's obligations to Hyatt include any of Hyatt's Affiliates, as well as their successors and assigns, with whom the franchisee deals.

This means that any entity affiliated with Hyatt, or any entity that takes over Hyatt's rights or obligations, is included in the definition of "Hyatt" for the purposes of the franchise agreement. This is a common practice in franchising, as it allows the franchisor to transfer its rights and obligations to other entities without having to renegotiate the franchise agreement.

For a prospective Caption By Hyatt franchisee, this broad definition of "Hyatt" means that they may be dealing with entities other than the direct franchisor at some point during the term of the agreement. It is important to understand the implications of this, as the franchisee's obligations will extend to these affiliated entities as well. Franchisees should seek clarification from Hyatt regarding which specific affiliates they might interact with and how those interactions might affect their business operations.