Does any officer of Hyatt currently own an interest in any supplier to Caption By Hyatt franchisees?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
Except for The Living Company, which may provide some FF&E to Brand Hotels, none of our officers currently owns an interest in any supplier to Brand Hotel franchisees.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 40–45)
What This Means (2025 FDD)
According to the 2025 Caption By Hyatt Franchise Disclosure Document, with the exception of The Living Company, which may provide some FF&E to Brand Hotels, none of Hyatt's officers currently owns an interest in any supplier to Brand Hotel franchisees.
This means that, as of the FDD date, Hyatt officers do not have a direct financial stake in the companies that supply goods and services to Caption By Hyatt franchisees, except for The Living Company. This arrangement is intended to prevent conflicts of interest and ensure that supply decisions are made in the best interest of the franchise system rather than for the personal enrichment of Hyatt's officers.
Prospective franchisees should be aware that this situation could change in the future. While the FDD states the current situation, Hyatt officers could potentially acquire interests in suppliers at a later date. It is advisable for franchisees to stay informed about any changes to supplier relationships and potential conflicts of interest as they arise. Franchisees may also want to inquire about the process Hyatt has in place for managing potential conflicts of interest related to suppliers.