What components make up the franchise and other fees for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchise and other fees consist of (i) an initial franchise fee and ongoing royalty fees computed as a percentage of gross room revenues and as applicable, food and beverage revenues, (ii) termination fees, (iii) license fees associated with the licensing of the Hyatt brand names through our co-branded credit card programs and with sales of our branded residential units, (iv) management and royalty fees related to the management and licensing of certain of our brands to the Unlimited Vacation Club following the UVC Transaction, and (v) fees from hotel services provided to certain all-inclusive resorts.
Source: Item 23 — Receipts (FDD pages 85–132)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, franchise and other fees consist of several components. These include an initial franchise fee, which is a one-time upfront payment, and ongoing royalty fees. The royalty fees are calculated as a percentage of gross room revenues and, if applicable, food and beverage revenues.
In addition to the initial and ongoing fees, The Standardx franchisees may also encounter termination fees if the franchise agreement is ended prematurely. There are also license fees associated with the licensing of The Standardx brand names through co-branded credit card programs and with sales of branded residential units.
Furthermore, the franchise and other fees include management and royalty fees related to the management and licensing of certain of The Standardx's brands to the Unlimited Vacation Club following the UVC Transaction. Finally, fees from hotel services provided to certain all-inclusive resorts are also included in this category. These various fees collectively contribute to the overall financial relationship between The Standardx and its franchisees.