What is Caption By Hyatt's performance of IT Project Management Services dependent on?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges that Hyatt's performance of the IT Project Management Services is dependent on Franchisee's timely, accurate, and effective performance of all Franchisee's responsibilities set forth in Exhibit E, including providing written notice to Hyatt of Franchisee's designated representative.
Franchisee further acknowledges and agrees that its failure to perform may prevent or delay Hyatt's performance of the IT Project Management Services and/or require modifications to the services performed, including an adjustment to the scope of work, completion schedule or fees.
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, Hyatt's ability to deliver IT Project Management Services hinges on the franchisee's performance of their responsibilities. Specifically, Hyatt depends on the franchisee completing tasks outlined in Exhibit E in a timely, accurate, and effective manner. This includes providing written notice to Hyatt of the franchisee's designated representative.
For a prospective Caption By Hyatt franchisee, this means that the success of the IT project implementation is a shared responsibility. Delays or inaccuracies on the franchisee's side can directly impact Hyatt's ability to perform its services, potentially leading to delays in the hotel opening or requiring adjustments to the project scope, schedule, or associated fees.
Caption By Hyatt emphasizes the importance of the franchisee's role in site preparation, including climate control, physical safety and security, adequate electrical and telecommunications utilities, and necessary wiring. The franchisee must also provide workspace, supplies, hardware, and software reasonably required for each assignment. Therefore, franchisees need to be proactive and diligent in fulfilling their IT-related obligations to ensure a smooth and efficient project execution.