To whom is the Application Fee payable for a Crowne Plaza franchise?
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 | ||
| Property Improvement Plan | $ 0 to $10,000 | Before you | H oliday |
| (“PIP”) fee | submit your |
Source: Item 6 — OTHER FEES (FDD pages 31–51)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the Application Fee is payable to Holiday. The standard Application Fee is $125,000 and is due as a lump sum with the application.
In addition to the Application Fee, prospective franchisees may also need to pay a Property Improvement Plan (PIP) fee, which ranges from $0 to $10,000, before submitting their application, also payable to Holiday. These fees are part of the initial investment required to begin the process of opening a Crowne Plaza franchise.
It is important to note that these fees are separate from other potential costs such as land acquisition, building construction, and furniture, fixtures, and equipment, which are paid to third parties. Understanding the specific payment structure and recipients for each fee is crucial for budgeting and financial planning when considering a Crowne Plaza franchise.