When is the Revenue Management For Hire fee due for a Sonesta Simply Suites franchise?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 10 – Our centralized "revenue management for hire" ("RMFH") program provides you with the services of a dedicated revenue management leader. This includes a revenue management specialist providing direct oversight over all aspects of subscribing hotels' price positioning, inventory management and distribution strategies and management of the RMS. You will be required to participate in our RMFH program for one year following the Opening Date of your Hotel. After the first year, we require the use of our RMFH program if you do not have a Hotel Revenue Manager (defined in Item 11).
Source: Item 6 — OTHER FEES (FDD pages 25–36)
What This Means (2025 FDD)
According to the 2025 Sonesta Simply Suites Franchise Disclosure Document, the specific due date for the Revenue Management For Hire (RMFH) fee is not explicitly listed in the provided excerpts.
However, the FDD does state that franchisees are required to participate in the RMFH program for one year following the opening date of their hotel. After the first year, participation is required if the franchisee does not have a Hotel Revenue Manager. While the requirement to participate is outlined, the frequency and method of payment for this service are not detailed in the provided Item 6 excerpts.
Since the exact due date for the RMFH fee is not specified, prospective Sonesta Simply Suites franchisees should seek clarification from the franchisor regarding the fee structure, billing cycle, and payment schedule during their due diligence process. Understanding these details is crucial for accurate financial planning and managing the ongoing operational costs of the franchise.