FRANCHISE DISCLOSURE DOCUMENT HAMPTON INNS ...

(1)
TYPE OF FEE
Unlimited Budget
Travel Planner
Incentive and
Loyalty Program
(2)
AMOUNT
and non-commissionable
reservations. The
processing charge is
subject to change.
Weekday stay (Monday -
Thursday nights) cost =
$0.71; Weekend stay
(with one Fri/Sat/Sun
night) cost = $1.42;
Weekend stay (with 2
Fri/Sat/Sun nights) cost =
$2.13. For Double Points
payouts, these amounts
will increase to $1.42,
$2.63, and $3.63
respectively. These funds
are remitted to Budget (a
portion is paid to the travel
planner; Budget retains
the remaining amount as
a processing charge).
Transfers, Relicensing and Financing
Fees for Change of
Ownership
Transfers
Lender Comfort
Letter Processing
Fee
Processing Fee for
“Permitted
Transfers”
Public Offering or
Private Placement
Processing Fee
Proposed owner must pay
then-prevailing application
fee. If approved, proposed
owner pays any other
then applicable fees and
charges for new franchise
licenses.
Currently $2,500 but may
increase in the future.
(3)
DUE DATE
If invoiced, within
15 days of billing.
If through ACH,
on the 12th
business day of
each month.
With application.
Before we issue
a Lender Comfort
Letter to your
lender.
$5,000 When you submit
transfer consent
request.
$5,000 and any additional
costs we may incur in
reviewing your
documents, including
reasonable attorneys’
fees.
When you or any
of your owners
submit request
for approval of
public offering or
private
placement.
(4)
REMARKS
Mandatory participation for all OnQenabled
hotels participating in the
TPCP program. The booking fees are
subject to change without advance
notice.
Applies to any proposed transfer that
does not qualify as a Permitted
Transfer or as one that does not
require notice to us or our consent
(Item 17). If we do not approve the
Change of Ownership application, or if
we approve the Change of Ownership
application but the Change of
Ownership does not occur, we will
refund the application fee, less $7,500
for processing costs. We may also
require you or the proposed owner to
pay then prevailing PIP fee for us to
determine renovation requirements for
the hotel. The PIP fee is nonrefundable.
See Items 5 and 17.
We will only issue a Lender Comfort
Letter if you request it on behalf of your
lender. We may occasionally waive or
reduce this fee.
Applies if you propose "Permitted
Transfer" (not a Change of Ownership
- see above). See Item 17.
{000011-999987 00174938.DOC; 2}
March 31, 2011 Hampton
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