For Crowne Plaza, where can a franchisee find the fees for Conveyed Transactions and other Non-Bank Services?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
You shall pay us the fees for Conveyed Transactions and other Non-Bank Services as set forth on your Application, MPA Addendum, Fee Schedule, and/or other Schedules, or as we otherwise disclose to you. Fees for Non-Bank Services may be charged and collected in any manner that other Servicers Fees, Third Party Based Fees, and other amounts may be charged and collected under the Agreement.
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the fees for Conveyed Transactions and other Non-Bank Services can be found in several places. Specifically, these fees are detailed on your Application, MPA Addendum, Fee Schedule, and/or other Schedules.
Crowne Plaza may also disclose these fees to you through other means. These fees for Non-Bank Services can be charged and collected in the same way as other Servicers Fees, Third Party Based Fees, and other amounts under the Agreement.
It is important for prospective Crowne Plaza franchisees to carefully review these documents to understand the full scope of fees associated with these types of transactions, as they can impact the overall profitability of the franchise. Understanding how these fees are collected is also crucial for managing cash flow and financial planning.