For The Standardx, is the franchisee required to prepare an F&B Operations Plan, and under what condition?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
(a) F&B Operations Plan. At Hyatt's option, Franchisee must prepare and deliver to Hyatt for its approval the F&B Operations Plan describing Franchisee's proposal for conducting F&B Operations at the Hotel. Franchisee shall make such modifications to
the F&B Operations Plan that Hyatt reasonably specifies and ensure that the Hotel and its F&B Operations operate in accordance with the approved F&B Operations Plan. Franchisee may not make any material changes to the F&B Operations Plan (including any changes to the proposed restaurant concept(s) and/or F&B Operator(s)) without Hyatt's prior written approval. Before the Hotel begins operating in affiliation with the Proprietary Marks, Franchisee shall require each F&B Operator (if any) to sign such documents as Hyatt reasonably specifies to protect Hyatt's (and its Affiliates') intellectual property and other rights. At Hyatt's option, Franchisee must submit to Hyatt for its prior approval any proposed lease or other agreement between Franchisee (or its Affiliate or the Management Company) and the F&B Operator pursuant to which the F&B Operator will conduct F&B Operations, in which case Franchisee may not sign (or permit its Affiliate or the Management Company to sign) any such lease or other agreement that Hyatt has not approved.
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, a franchisee may be required to prepare and deliver an F&B Operations Plan to Hyatt for approval. This plan describes the franchisee's proposal for conducting Food and Beverage (F&B) Operations at the hotel. The requirement to create this plan is at Hyatt's option.
The franchisee must make any modifications to the F&B Operations Plan that Hyatt reasonably specifies. The hotel's F&B Operations must then operate according to the approved plan. The franchisee cannot make material changes to the plan, including changes to the proposed restaurant concept(s) or F&B Operator(s), without Hyatt's prior written approval.
Before the hotel begins operating under The Standardx's Proprietary Marks, the franchisee must ensure that each F&B Operator (if any) signs documents that Hyatt specifies to protect Hyatt's intellectual property and other rights. Additionally, at Hyatt's option, any proposed lease or agreement between the franchisee and the F&B Operator, under which the F&B Operator will conduct F&B Operations, must be submitted to Hyatt for prior approval. The franchisee cannot sign any such lease or agreement that Hyatt has not approved.