What is the applicant's obligation regarding changes to the information provided in the Embassy Suites application?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
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- All information contained in the Application is true, correct and complete as of the date of this Application Letter. Applicant will promptly inform Franchisor of any change in any of the information provided in the Application.
Source: Item 23 — RECEIPTS (FDD pages 97–305)
What This Means (2025 FDD)
According to the 2025 Embassy Suites Franchise Disclosure Document, an applicant has a continuing obligation to update the information provided in their application. Specifically, the applicant must promptly inform Embassy Suites of any changes to any information initially submitted in the application.
This requirement ensures that Embassy Suites has the most accurate and up-to-date information about the applicant throughout the approval process. Changes could include updates to financial status, business affiliations, or any other factors that could influence the decision to grant a franchise.
By requiring prompt notification of changes, Embassy Suites aims to mitigate risks associated with outdated or inaccurate information. Failing to promptly disclose changes could potentially affect the application's approval or even lead to future disputes if a franchise agreement is eventually signed. Therefore, prospective Embassy Suites franchisees should maintain open communication with the franchisor and ensure all information remains current.