For Hawthorn Suites By Wyndham, what is considered the 'Opening Date' for a Facility?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise Year means:
- (i) If the Opening Date occurs on the first day of a month: the period beginning on the Opening Date and ending on the day immediately preceding the first anniversary of the Opening Date, and each subsequent one-year period; or
- (ii) If the Opening Date does not occur on the first day of a month: the period beginning on the Opening Date and ending on the first anniversary of the last day of the month in which the Opening Date occurs, and each subsequent one-year period.
Source: Item 22 — CONTRACTS (FDD page 92)
What This Means (2025 FDD)
According to Hawthorn Suites By Wyndham's 2025 Franchise Disclosure Document, the 'Opening Date' is a key factor in determining the length of the franchise year. If the Hawthorn Suites By Wyndham facility opens on the first day of a month, the franchise year begins on that date and ends on the day before the first anniversary of that date. Each subsequent year follows the same pattern.
However, if the Hawthorn Suites By Wyndham facility's opening date does not fall on the first day of a month, the franchise year begins on the opening date and extends to the first anniversary of the last day of the month in which the opening occurred. Subsequent one-year periods follow this date.
Understanding the definition of 'Opening Date' is crucial for Hawthorn Suites By Wyndham franchisees as it directly impacts the calculation of the franchise year, which in turn affects various obligations and deadlines outlined in the franchise agreement.