Do any officers of Holiday currently own any interest in an approved supplier or service provider for Crowne Plaza?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
No officer of Holiday currently owns any interest in an approved supplier or service provider.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 59–68)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, no officer of Holiday currently owns any interest in an approved supplier or service provider. This statement assures prospective franchisees that there are no apparent conflicts of interest at the time of the FDD's publication regarding Holiday's officers and the brand's approved vendors.
However, the FDD also clarifies that this situation could change in the future. Specifically, the document states that nothing prevents Holiday from having an ownership interest in any business, including those providing products or services to franchisees or offering procurement services. Furthermore, Holiday is under no obligation to maintain such an interest or refrain from disposing of it as they see fit.
This disclosure indicates that while there are no current conflicts, the possibility exists for Holiday or its officers to acquire interests in approved suppliers or service providers in the future. Prospective franchisees should stay informed of any such changes, as these relationships could potentially influence supplier recommendations or requirements.