factual

When are the sales technology platform fees due for a Sonesta Simply Suites franchise?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

ill be due when billed and is non-refundable.

In connection with your sales technology platform, you will be required to pay us an onboarding fee of $565, a quarterly installment of the annual fee in the amount of $1,250, and the first monthly maintenance fee of $150, for the cost of middleware software for distribution of online leads, Global Centralized RFPs, connection of the Cvent sourcing platform to the middleware, software, and software enabling the integration of live inventory from compatible sources into the sales and catering system to manage group bookings for sales and catering system providing account and contact management, and reporting and analysis. These fe

Source: Item 5 — INITIAL FEES (FDD pages 23–25)

What This Means (2025 FDD)

According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, franchisees are required to pay fees related to the sales technology platform. These fees include an onboarding fee of $565, a quarterly installment of the annual fee in the amount of $1,250, and a monthly maintenance fee of $150. These fees cover the cost of middleware software for online lead distribution, Global Centralized RFPs, connection of the Cvent sourcing platform, software for integrating live inventory into the sales and catering system, and the sales and catering system itself, which provides account and contact management, along with reporting and analysis.

These sales technology platform fees are due when billed and are non-refundable. This means that a Sonesta Simply Suites franchisee should be prepared to make these payments promptly upon receiving an invoice from the franchisor. The non-refundable nature of these fees underscores the importance of budgeting and financial planning for these ongoing technology costs.

Franchisees should note that these fees are distinct from other technology-related fees, such as the IT implementation services fee (up to $20,000), which covers assistance with configuring and installing the hotel's IT system and property management system. Understanding the timing and amounts of these various fees is crucial for managing the initial and ongoing financial obligations of a Sonesta Simply Suites franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.