What do 'other revenues' include for a Caption By Hyatt franchise?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
- • Other revenues—Other revenues include revenues from the sale of promotional awards through our co-branded credit programs as well as the paid membership program prior to the UVC Transaction (see Note 4) and the Destination Residential Management business, which was sold during the year ended December 31, 2023 (see Note 7).
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to the 2025 Caption By Hyatt Franchise Disclosure Document, 'other revenues' consist of revenues derived from the sale of promotional awards through co-branded credit programs. It also included the paid membership program prior to the UVC Transaction and the Destination Residential Management business, which was sold during the year ended December 31, 2023.
For a Caption By Hyatt franchisee, understanding what constitutes 'other revenues' can provide insight into potential revenue streams beyond the typical room rentals and services. The inclusion of promotional awards through credit programs suggests a partnership with financial institutions, which could drive customer loyalty and increase revenue.
The mention of the Destination Residential Management business, which was sold in 2023, indicates that Caption By Hyatt's revenue streams and business focuses can evolve over time. Franchisees should stay informed about any changes to these revenue streams and how they might impact their business model. The reliance on co-branded credit programs also means that changes to those partnerships could affect this revenue source.