To whom is the Crowne Plaza application fee paid?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment and When Due | To Whom Payment Is to be Made |
|---|---|---|---|
| Application Fee | $125,000 | Lump sum with | H oliday |
| (Note 1) | application |
Source: Item 7 — Estimated Initial Investment (FDD pages 51–59)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the application fee is paid to Holiday. This fee, which amounts to $125,000, is due as a lump sum with the franchise application.
This means that a prospective Crowne Plaza franchisee must submit the full $125,000 application fee to Holiday when they apply for a franchise. This is a non-refundable fee used to cover the costs associated with processing the application and evaluating the applicant. It is important to note that this fee is separate from other initial investment costs, such as property improvement plan fees, land acquisition, and building construction.
Paying the application fee is one of the first steps in the franchise process. Franchisees should ensure they have the required capital available before submitting their application to avoid any delays or complications. Understanding where this fee goes and when it is due is crucial for managing the initial investment effectively.