For Embassy Suites, what currency must all payments required by the Order Document be made in?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Except as otherwise noted herein or in the applicable invoice all payments required by this Order Document must be made in United States Dollars within thirty (30) days of receipt of the invoice therefore. Customer acknowledges and agrees that HSS or its Affiliates may derive revenues and/or other material consideration on all or a portion of the fees paid by Customer and that HSS may use third parties to perform the Services. All fees indicated are exclusive of applicable taxes, shipping, insurance, rigging, duties and other related fees and expenses, all of which are payable by Customer. Provision of the Authorized Equipment, Software and Services is made in consideration of the Customer's promise herein to pay the fees therefor and is subject to Customer's timely payment of such fees. HSS may delegate certain of its operational responsibilities hereunder to third parties but remains responsible therefore.
Source: Item 23 — RECEIPTS (FDD pages 97–305)
What This Means (2025 FDD)
According to Embassy Suites's 2025 Franchise Disclosure Document, payments required by the Order Document must be made in United States Dollars. Specifically, unless otherwise stated in the Order Document or the invoice, all payments must be made within thirty days of receiving the invoice. This requirement ensures that Embassy Suites franchisees are clear on the expected currency for transactions, avoiding potential confusion or discrepancies related to exchange rates.
This condition is fairly standard in franchise agreements, as it provides clarity and consistency in financial transactions between the franchisee and franchisor. It is important for prospective Embassy Suites franchisees to note that all fees, including those for equipment, software, and services, are exclusive of applicable taxes, shipping, insurance, duties, and other related fees, which are the responsibility of the franchisee.
Furthermore, the document specifies that the provision of authorized equipment, software, and services is contingent upon the franchisee's timely payment of the required fees. This underscores the importance of adhering to the payment terms outlined in the Order Document to maintain access to essential resources and support necessary for operating the Embassy Suites franchise. Franchisees should ensure they understand all payment obligations and associated timelines to avoid any disruptions in service or potential breaches of the franchise agreement.