What is the deadline for a The Standardx franchisee to rescind the Digital Ancillary Services agreement described in Exhibit A?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
Should you wish to rescind the agreement, you have thirty days from the date of this letter to contact digitalancillary@hyatt.com and request such action. Otherwise, we look forward to receiving these services and will work to maximize the benefits we receive.
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, Exhibit A outlines the terms for Digital Ancillary Services provided through the Central Hotel Services by Hyatt Program. If a franchisee opts into these services, they have a limited time to reconsider.
Specifically, the franchisee has thirty days from the date of the letter informing them of the agreement to rescind it. To do so, they must contact digitalancillary@hyatt.com and request the rescission.
If the franchisee does not act within this 30-day window, it's understood that they agree to the terms and will proceed with receiving the services. The Standardx franchisee is then expected to work towards maximizing the benefits of these services for their hotel.
This rescission option provides a safety net, allowing franchisees to evaluate the Digital Ancillary Services Program before fully committing. It is important for prospective franchisees to carefully consider the implications of this agreement and act promptly if they wish to rescind it.