Can Hawthorn Suites By Wyndham modify or terminate the Development Incentive program?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
The Development Incentive program may be modified, limited, extended, or terminated at any time without advance notice or amendment of this Franchise Disclosure Document.
Source: Item 10 — FINANCING (FDD pages 58–60)
What This Means (2025 FDD)
According to Hawthorn Suites By Wyndham's 2025 Franchise Disclosure Document, the Development Incentive program can be modified or terminated at any time. Specifically, Hawthorn Suites By Wyndham retains the right to modify, limit, extend, or terminate the Development Incentive program without prior notice or formal amendment to the Franchise Disclosure Document. This gives Hawthorn Suites By Wyndham considerable latitude in altering the program's terms or discontinuing it altogether.
For a prospective Hawthorn Suites By Wyndham franchisee, this means that the availability and terms of the Development Incentive are not guaranteed. While the incentive may be a significant factor in the franchisee's financial planning, Hawthorn Suites By Wyndham can change or eliminate it, potentially affecting the franchisee's project financing. This introduces an element of uncertainty and risk that franchisees must consider.
It is important for potential Hawthorn Suites By Wyndham franchisees to understand that the Development Incentive is subject to change. They should inquire about the current status and specific terms of the program at the time of their investment. Franchisees should also assess their financial viability without relying heavily on the Development Incentive, as its availability and terms can change without notice.