What is the definition of 'Hotel' in the context of a Caption By Hyatt Franchise Agreement?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
a food and beverage component or components covering 3 meals a day. We call the Brand Hotel that you will operate under the Franchise Agreement your "Hotel." You will operate the Hotel only from the location we approve before signing the Franchise Agreement.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–14)
What This Means (2025 FDD)
According to the 2025 Caption By Hyatt Franchise Disclosure Document, the term 'Hotel' refers to the specific Brand Hotel that the franchisee will operate under the Franchise Agreement. This hotel must be operated only from a location that Caption By Hyatt approves before the Franchise Agreement is signed.
Caption By Hyatt grants franchises for select service hotels that operate using the 'Hotel System' and are identified by the company's Proprietary Marks. These Brand Hotels are select service, urban lifestyle hotels featuring attractively designed, modern rooms equipped with state-of-the-art technology, design, and entertainment components. They are typically located in primary and secondary cities and offer amenities such as free high-speed internet access, a fitness center, and food and beverage options covering three meals a day.
The 'Hotel System' encompasses various elements associated with the establishment and operation of Brand Hotels, including trade names, trademarks, service marks, logos, slogans, trade dress, domain names, and other source and origin designations developed and designated by Caption By Hyatt. It also includes copyrightable materials, confidential information, design and construction standards, the central reservations system (CRS), global distribution systems (GDS), online travel agencies, training programs, operational standards, marketing programs, and mandatory and non-mandatory services.