Under the Even Hotels Participation Agreement, what is the Participating Property's obligation regarding communicating the Site Ready Date to IHG?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
a. As it relates to payments that the Participating Property owes to IHG hereunder, the Participating Property acknowledges and agrees that it is solely responsible to promptly and fully communicate to IHG the expected date by which the Participating Property will be ready for fiber, equipment and other installation required in connection with the provision of Services ("Site Ready Date"). In the event that the Participating Property misses or changes the Site Ready Date after IHG has communicated the Site Ready Date to the Supplier or the Supplier cannot reasonably access the site for the installation (collectively "Customer Not Ready or CNR"), the Participating Property may be assessed a fee in connection thereto, and such fee shall be paid as a part of the payment obligation to IHG as described herein.
- b. In addition, if the Participating Property cancels the required installation for the provision of Services hereunder ("Site Cancellation"), the Participating Property may be assessed a cancellation fee in connection with the Site Cancellation ("Cancellation Fee"), and the Participating Property shall be responsible for the payment of such Cancellation Fee to IHG when due.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the Participating Property has a responsibility to inform IHG of the expected date when the property will be prepared for the installation of fiber, equipment, and other necessary components for providing services, referred to as the "Site Ready Date." This communication must be prompt and complete.
If the Participating Property fails to meet the communicated Site Ready Date or alters it after IHG has already informed the Supplier, or if the Supplier cannot access the site for installation, it is classified as "Customer Not Ready or CNR." In such cases, Even Hotels franchisees may be subject to a fee. This fee is then included as part of the payment obligation to IHG.
Additionally, if the Participating Property cancels the installation required for providing services, termed "Site Cancellation," a cancellation fee may be assessed. The franchisee is responsible for paying this cancellation fee to IHG when it is due. Therefore, it is crucial for franchisees to accurately assess and communicate the Site Ready Date to avoid potential fees associated with delays or cancellations.