factual

When is the Crowne Plaza Openings Preopening Support Fee to be invoiced by Holiday?

Crowne_Plaza Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure Amount Method of Payment and When Due To Whom Payment Is to be Made
Openings Preopening Support Fee; to be invoiced within 60 days of license execution by Holiday (Note 6) $8,500 Lump sum within 30 days of invoice SCH

Source: Item 7 — Estimated Initial Investment (FDD pages 51–59)

What This Means (2025 FDD)

According to Crowne Plaza's 2025 Franchise Disclosure Document, the Openings Preopening Support Fee is to be invoiced within 60 days of license execution by Holiday. The fee for this support is $8,500. The franchisee is then required to pay the invoice within 30 days of the invoice date.

This fee covers support from license execution to the hotel opening, provided by the Hotel Lifecycle + Growth organization, including Franchise Openings, Plan Review, and Construction. This support is designed to assist the franchisee in the critical steps leading up to the hotel's opening, ensuring that the franchisee has access to guidance and resources during the pre-opening phase.

In the event that additional onsite training is required at the hotel, franchisees may incur additional costs ranging from $1,500 to $6,000, depending on the scope of the additional learning needs for the hotel. This additional training would be separate from the initial $8,500 fee and would be determined based on the specific requirements of the hotel and its staff.

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.