For a Crowne Plaza franchise, what is the required action regarding the Franchise Disclosure Document receipt?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT K RECEIPT CROWNE PLAZA/CROWNE PLAZA SUITES/CROWNE PLAZA HOTEL & SUITES/ CROWNE PLAZA RESORT
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Holiday Hospitality Franchising, LLC offers you a franchise, it must provide this disclosure document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.
New York requires that we give you this disclosure document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
Michigan requires that we give you this disclosure document at least 10 business days before the execution of any binding franchise or other agreement or the payment of any consideration, whichever occurs first.
If Holiday Hospitality Franchising, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC 20580 and the state agency listed on Exhibit E.
The franchisor is Holiday Hospitality Franchising, LLC, located at Three Ravinia Drive, Suite 100, Atlanta, Georgia 30346. Its telephone number is (770) 604-2000.
Issuance date: April 15, 2025
The franchise seller for this offering is [name]
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to the 2025 Crowne Plaza FDD, franchisees must acknowledge receipt of the Franchise Disclosure Document (FDD). The document summarizes key provisions of the franchise agreement. It emphasizes the importance of carefully reading the FDD and all related agreements.
Crowne Plaza franchisees must receive the FDD at least 14 calendar days before signing any binding agreement or making any payment to Holiday Hospitality Franchising, LLC, or its affiliates. However, New York and Michigan have different requirements. In New York, the FDD must be provided at the earlier of the first personal meeting or 10 business days before signing any agreement or making a payment. Michigan requires the FDD at least 10 business days before the execution of any binding agreement or the payment of any consideration, whichever occurs first.
The FDD also states that failure to deliver the disclosure document on time, or if it contains false, misleading statements, or material omissions, may constitute a violation of federal and state laws. Such violations should be reported to the Federal Trade Commission and the relevant state agency listed on Exhibit E of the FDD. The franchisor, Holiday Hospitality Franchising, LLC, is located in Atlanta, Georgia, and the issuance date of the FDD is April 15, 2025.