What factors can affect the timeframe for opening a Caption By Hyatt hotel?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
s and tracks. (Sections 4.3, 4.4 and 7.4 of Franchise Agreement)
Hotel Opening
If you are developing a new Brand Hotel, including by adapting an existing building to a new use as a hotel, we estimate that you will open the Hotel approximately 20 to 36 months after paying the application fee. If you are converting an existing hotel from another brand to a Brand Hotel, we estimate that you will open the Hotel approximately 9 to 12 months after paying the application fee. The interval depends on the time it takes for you to finalize acquisition of the Hotel's premises (if applicable) and sign the Franchise Agreement, the suitability of the site, weather, the location and condition of the premises (including the premises' former use) and the construction schedule for the Hotel. You must open and begin operating the Hotel within 24 months after signing the Franchise Agreement for new Brand Hotels and 6 months after signing the Franchise Agreement for converted hotels (unless we agree to a longer period before we and you sign the Franchise Agreement). You also must meet various interim deadlines for the Hotel's development. If you do not meet these requirements, then you must pay the $10,000 extension fee to us and request an extension, which we may grant or deny at our option. If we approve the extension, we will set a new opening deadline, the extension fee is non-refundable, and we may (at our option) require you to modify any previously-approved detailed plans or the PIP (as applicable), to comply with the then current design, equipment and other aspects of the Hotel System. If you do not open
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 48–65)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the estimated timeframe for opening a hotel varies depending on whether it is a new build or a conversion of an existing hotel. For a new Caption By Hyatt hotel, the estimated opening timeframe is approximately 20 to 36 months after paying the application fee. Converting an existing hotel to a Caption By Hyatt is a quicker process, with an estimated opening timeframe of approximately 9 to 12 months after paying the application fee.
Several factors can influence these timeframes. These include the time it takes to finalize the acquisition of the hotel premises (if applicable) and sign the Franchise Agreement. The suitability of the site, weather conditions, the location and condition of the premises (including its former use), and the construction schedule for the hotel are also significant factors.
Caption By Hyatt requires franchisees to open and begin operating the hotel within 24 months after signing the Franchise Agreement for new hotels and 6 months for converted hotels. Extensions may be granted for failing to meet these deadlines, but they require paying a $10,000 extension fee and are subject to Caption By Hyatt's approval. Failure to open the hotel by the required completion date could result in the termination of the Franchise Agreement.