factual

According to The Standardx, what is included in the 'Hosted Hardware'?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

  • i. "Hosted Hardware" means the file servers, network routers and switches, firewalls, and other hardware, technology, and network devices in the Facility and used by Hyatt to host the hosted components of the Property Management System and provide the Services.

It does not include any hardware located outside of the Facility, including any hardware located at the Property.

Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, 'Hosted Hardware' refers to specific equipment within a designated facility. It includes file servers, network routers and switches, firewalls, and other hardware, technology, and network devices used by Hyatt to host the components of the Property Management System and provide services.

For a prospective The Standardx franchisee, this definition clarifies what physical resources are included in the 'Hosted Hardware' that The Standardx/Hyatt manages and maintains. It also specifies that the hardware is located within a designated 'Facility'.

Importantly, the definition explicitly excludes any hardware located outside of this 'Facility', including hardware at the franchisee's property. This distinction is critical for franchisees to understand their own responsibilities regarding on-site hardware versus what is covered under the 'Hosted Hardware' umbrella.

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.