When is the General Manager University fee due for a Caption By Hyatt franchise?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| General Manager University | Currently $2,700 per newly hired or promoted general manager, but could increase if costs increase | As incurred | Required training program for all newly hired or recently promoted general managers. In addition to the fee for attendance, you must pay the travel, lodging and other expenses for your attendees |
Source: Item 6 — Other Fees (FDD pages 20–36)
What This Means (2025 FDD)
According to the 2025 Caption By Hyatt Franchise Disclosure Document, the General Manager University fee is due as incurred. This fee is currently $2,700 per newly hired or promoted general manager. However, the FDD notes that this amount could increase if costs increase.
This fee covers the required training program for all newly hired or recently promoted general managers at a Caption By Hyatt franchise. In addition to the $2,700 attendance fee, the franchisee is also responsible for covering the travel, lodging, and other related expenses for the general manager attending the training.
As the fee is due as incurred, a Caption By Hyatt franchisee should budget for this expense each time they hire a new general manager or promote an existing employee to the general manager position. It is important to note that the amount is subject to change, so franchisees should confirm the current fee with Caption By Hyatt when the training is scheduled.