What agreement governs the operation of The Standardx Hotel at the Property?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, Owner owns a property known as [Insert Hotel Name] located at [Insert Owner Address] ("Property"), and the Property is operated pursuant to a franchise agreement with Hyatt or its affiliate (as it may be amended, "Franchise Agreement");
WHEREAS, Owner has requested that Hyatt provide certain Services, as defined below, to Owner in connection with the Property, pursuant to one or more of the following programs offered by Hyatt to Hyatt branded and affiliated hotels: the Field Marketing Program, the Central Sales Services Program, the Revenue Management Services Program, the Global Property Guest Services Program, the Digital Ancillary Services Program, or any similar program offered by Hyatt in the future (each individually, a "Program" and collectively, the "Programs"); and
WHEREAS, Hyatt has agreed to provide such Services according to the terms and under the conditions set forth herein and any Schedules attached hereto.
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, the operation of The Standardx Hotel at the Property is governed by a franchise agreement with Hyatt or its affiliate. The Central Hotel Services by Hyatt Master Agreement references this franchise agreement, stating that the property is operated pursuant to it. This agreement may be amended over time.
The Central Hotel Services by Hyatt Master Agreement outlines the services Hyatt will provide to the Owner in connection with the Property. These services are related to programs such as the Field Marketing Program, the Central Sales Services Program, the Revenue Management Services Program, the Global Property Guest Services Program, and the Digital Ancillary Services Program. Hyatt agrees to provide these services based on the terms and conditions outlined in the agreement and any attached schedules.
This agreement is specific to franchised locations in the U.S., Canada, and the islands of the Caribbean. It clarifies the relationship between the Owner (franchisee) and Hyatt concerning the provision of central hotel services and ensures that both parties understand their obligations and responsibilities.