What is the estimated cost range for acquiring and installing The Standardx's Technology System at the Hotel?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
se of promoting the entire portfolio (rather than only promoting the Hotel). (Section 5.4 of Franchise Agreement)
Technology System
You must use the computer hardware, software, and related equipment (the "Technology System") that we or our affiliate periodically designate to operate the Hotel. The Hotel will use the Technology System to administer the CRS and the property management system (the "PMS"); automate front desk registration/cashiering, telephone switchboard, housekeeping and accounting functions; record and track sales and labor data; run the point-of-sale ("POS"), key lock system, in-room entertainment, sound and related systems; and perform a variety of other management and reporting functions. To meet our current brand standards, you must install the following systems: Property Management, Point of Sale, Revenue Management, Events and Lead Generation System (Envision), Key Lock, PBX/Phones, In-Room Entertainment, High Speed Internet Service, Guest Computing, Hotel Music Services, Digital Surveillance, and Scent. The Technology System will generate and record revenue, payment, labor and other operational data relating to the Hotel and its operations. We will provide project management implementation and related services for the Technology System. Based on our current requirements for a Brand H
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 48–64)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the estimated cost for a franchisee to acquire and install the Technology System at the hotel ranges from approximately $638,600 to $777,650. This Technology System includes computer hardware, software, and related equipment designated by The Standardx or its affiliate.
The Technology System is used to manage various hotel operations, including the CRS (Central Reservation System) and PMS (Property Management System), front desk operations, telephone switchboard, housekeeping, accounting, sales and labor data tracking, point-of-sale (POS) systems, key lock systems, in-room entertainment, sound systems, and other management and reporting functions. The Standardx requires franchisees to install specific systems to meet brand standards, such as Property Management, Point of Sale, Revenue Management, Events and Lead Generation System (Envision), Key Lock, PBX/Phones, In-Room Entertainment, High-Speed Internet Service, Guest Computing, Hotel Music Services, Digital Surveillance, and Scent systems.
The Technology System is crucial for generating and recording revenue, payment, labor, and other operational data. The Standardx will provide project management implementation and related services for the Technology System. Franchisees must acquire the PMS, POS system, and other components from designated vendors and secure 24/7 support, maintenance, and warranty coverage from The Standardx or its designated vendors. The designated PMS and POS vendor currently charges $3.90 per room per month, which is subject to change with notice. The Standardx retains independent, unlimited access to the data generated and tracked by the Technology System.