In what currency must the Royalty Fee be paid for a Sonesta Select Sonesta Essential hotel?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, all amounts payable by the franchisee to Sonesta Select Sonesta Essential or its affiliates must be paid in United States Dollars, or such other currency as Sonesta Select Sonesta Essential may designate.

This means that franchisees are generally required to pay all fees, including the royalty fee, in U.S. dollars. However, Sonesta Select Sonesta Essential retains the right to specify a different currency for these payments. This provides Sonesta Select Sonesta Essential with flexibility in case of currency fluctuations or other financial considerations.

For a prospective franchisee, this implies that they should budget and plan to make all payments in U.S. dollars unless otherwise instructed by Sonesta Select Sonesta Essential. It is important to stay informed of any changes to the designated currency to avoid payment issues. Franchisees should clarify with Sonesta Select Sonesta Essential if there are any specific circumstances under which an alternative currency might be accepted or required.