Where can I find the term length of the Delta Hotels By Marriott franchise agreement?
Delta_Hotels_By_Marriott Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT A KEY TERMS
1. Trade Name(s): Delta Hotels by Marriott or Delta Hotels
- Approved Location:
Source: Item 23 — RECEIPTS (FDD pages 134–251)
What This Means (2025 FDD)
According to the 2025 Delta Hotels By Marriott Franchise Disclosure Document, the term length is detailed in Exhibit A, specifically under the 'Key Terms'. The franchise agreement begins on the 'Effective Date' and extends until the 20th anniversary of the 'Opening Date'.
This means that a Delta Hotels By Marriott franchise typically lasts for 20 years from the date the hotel opens for business. The 'Effective Date' marks the commencement of the agreement, but the term's duration is tied to the hotel's operational launch. This structure ensures that the franchise term aligns with the hotel's revenue-generating period.
Prospective franchisees should note the distinction between the 'Effective Date' and the 'Opening Date' as these determine the start and end points of the franchise term. Understanding these dates is crucial for financial planning and assessing the long-term viability of the Delta Hotels By Marriott franchise investment.