For Delta Hotels By Marriott, what bank information is required to be provided?
Delta_Hotels_By_Marriott Franchise · 2025 FDDAnswer from 2025 FDD Document
ELECTRONIC FUNDS TRANSFER AUTHORIZATION FORM
This form authorizes Marriott International, Inc. and its Affiliates to use the banking information provided below in accordance with the terms of the Franchise Agreement related to the property identified below (the "Franchise Agreement").
Source: Item 7 — Franchisor reserves the right to challenge the applicability of any law that declares provisions in the Agreement void or unenforceable. (FDD pages 288–363)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Delta Hotels By Marriott requires franchisees to provide banking information. This information is used by Marriott International, Inc. and its affiliates for electronic funds transfers, as authorized by the terms of the Franchise Agreement. The Electronic Funds Transfer Authorization Form allows Delta Hotels By Marriott to manage financial transactions related to the franchise.
For a prospective franchisee, this means they will need to supply their bank details to Delta Hotels By Marriott. This is a standard practice in franchising, allowing for efficient payment of fees, royalties, and other financial obligations outlined in the Franchise Agreement.
It is important for potential franchisees to understand how their banking information will be used and secured by Delta Hotels By Marriott. Reviewing the terms of the Franchise Agreement related to electronic funds transfers is crucial to ensure compliance and understanding of the financial processes involved in operating a Delta Hotels By Marriott franchise.