What is the definition of 'Core Management' for a Caption By Hyatt Hotel?

According to Caption By Hyatt's 2025 Franchise Disclosure Document, 'Core Management' refers to the management positions for the hotel as specifically listed in Exhibit B-1 of the agreement. This exhibit likely contains a detailed breakdown of the key management roles required to operate a Caption By Hyatt hotel effectively.

For a prospective franchisee, understanding the roles included in 'Core Management' is crucial. These positions represent the leadership team responsible for the hotel's day-to-day operations and overall success. Franchisees need to ensure they have a plan to recruit, train, and retain qualified individuals for these roles, whether they manage the hotel themselves or hire a management company.

The FDD emphasizes that the franchisee, management company, or approved F&B operator is responsible for hiring and training the Core Management team and ensuring they are in place at all times. Hyatt retains the right to approve the candidates for these positions, highlighting the importance of these roles in maintaining brand standards and operational consistency. Therefore, reviewing Exhibit B-1 is essential to understand the scope and responsibilities of the Core Management positions within a Caption By Hyatt hotel.