table_specific

For the Embassy Suites franchise, what specific details about each shareholder, partner, member, and manager's ownership interest must be provided?

Embassy_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

Name (Shareholder, Partner, Member and Manager) Nature of Ownership Interest % Interest % Interest % Interest % Interest

Source: Item 22 — CONTRACTS (FDD page 97)

What This Means (2025 FDD)

According to the 2025 Embassy Suites Franchise Disclosure Document, the following information must be provided for each shareholder, partner, member, and manager: their name, the nature of their ownership interest, and the percentage of interest they hold. This information is typically collected to ensure transparency and to allow Embassy Suites to assess the suitability of the ownership structure and key personnel involved in the franchise.

This requirement is a standard practice in franchising, as franchisors need to understand who controls and benefits from the franchise operation. By collecting this data, Embassy Suites can evaluate potential conflicts of interest, ensure compliance with brand standards, and assess the financial stability and experience of the individuals involved.

Prospective franchisees should be prepared to disclose this information as part of the franchise application process. Failure to provide accurate and complete details could delay or even jeopardize the approval of the franchise agreement. Franchisees should consult with legal and financial advisors to ensure they understand the implications of disclosing ownership information and how it may affect their business operations.

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.