factual

Who is considered a 'Cardholder' under the Crowne Plaza agreement?

Crowne_Plaza Franchise · 2025 FDD

Answer from 2025 FDD Document

Issuer: The financial institution or Card Organization which has issued a Card to an individual, company, corporation, or other legal entity.

Source: Item 23 — Receipts (FDD pages 100–424)

What This Means (2025 FDD)

According to the 2025 Crowne Plaza Franchise Disclosure Document, a Cardholder is defined as an individual, company, corporation, or other legal entity to whom a Card has been issued by a financial institution or Card Organization (referred to as the Issuer).

For a prospective Crowne Plaza franchisee, this definition is important because it clarifies the parties involved in card transactions processed at their hotel. Understanding who the Cardholder is helps in managing customer payments and resolving any transaction-related issues.

This definition is fairly standard in the franchise and payment processing industries, ensuring clarity in agreements and operations related to card transactions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.