What is the location of the Holder of the note for the Hawthorn Suites By Wyndham franchise?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
For value received, WYNDHAM HOTELS & RESORTS, INC., a Delaware corporation, located at 22 Sylvan Way, Parsippany, New Jersey 07054, USA, absolutely and unconditionally guarantees the performance by its indirect subsidiary, HAWTHORN SUITES FRANCHISING, INC., a Georgia corporation, with its registered office located at 22 Sylvan Way, Parsippany, New Jersey 07054, USA, as franchisor, of all its obligations in accordance with the terms and conditions of its franchise or license agreements and other agreements issued pursuant to the Hawthorn Franchise Disclosure Document and entered into from and after the date hereof as such franchise, license and other agreements shall have been or may hereafter be amended, modified, renewed or extended from time to time. This Guaranty shall continue in force until all such obligations of HAWTHORN SUITES FRANCHISING, INC. shall have been satisfied or until such liability of HAWTHORN SUITES FRANCHISING, INC. to such franchisees or licensees has been completely discharged, whichever first occur. WYNDHAM HOTELS & RESORTS, INC. shall not be discharged from liability hereunder as long as any such claim by a franchisee or licensee against HAWTHORN SUITES FRANCHISING, INC. remains outstanding. Notice of acceptance is waived. Notice of default on the part of HAWTHORN SUITES FRANCHISING, INC. is not waived. This Guaranty shall be binding upon WYNDHAM HOTELS & RESORTS, INC., its successors and assigns.
IN WITNESS WHEREOF, WYNDHAM HOTELS & RESORTS, INC. has, by a duly authorized officer, executed this Guaranty of Performance in Parsippany, New Jersey as of the 31st day of March 2025.
WYNDHAM HOTELS & RESORTS, INC. a Delaware corporation
By:
Michele Allen
Chief Financial Officer
ATTEST:
Michael Heistein
Senior Vice President, Legal
Source: Item 23 — RECEIPTS (FDD pages 92–402)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the Guaranty of Performance for Hawthorn Suites By Wyndham is provided by Wyndham Hotels & Resorts, Inc., a Delaware corporation. Their location is 22 Sylvan Way, Parsippany, New Jersey 07054, USA. This entity guarantees the performance of Hawthorn Suites Franchising, Inc., a Georgia corporation, which has its registered office at the same address.
This arrangement signifies that Wyndham Hotels & Resorts, Inc. is financially backing Hawthorn Suites Franchising, Inc.'s obligations to its franchisees. As a potential franchisee, this guarantee offers a level of security, knowing that a larger, more established entity is ensuring the franchisor's commitments are met. The guaranty remains in effect until all obligations of Hawthorn Suites Franchising, Inc. are satisfied or its liabilities to franchisees are completely discharged.
The document also specifies that Wyndham Hotels & Resorts, Inc. will not be released from liability as long as any claim by a franchisee against Hawthorn Suites Franchising, Inc. is outstanding. This clause protects franchisees by ensuring ongoing accountability. The inclusion of Michele Allen, Chief Financial Officer, and Michael Heistein, Senior Vice President, Legal, as signatories adds further credibility to the guarantee.
Prospective franchisees should note that while this guaranty provides some financial security, it is essential to conduct thorough due diligence on both Hawthorn Suites Franchising, Inc. and Wyndham Hotels & Resorts, Inc. Reviewing the financial statements and understanding the terms of the franchise agreement are crucial steps in evaluating the overall risk and potential of the franchise opportunity.