JdV by Hyatt

The royalty rate of 7.0% is above the typical range of 5.0-5.5% for hospitality franchises. What specific value and support justify this above-average rate, and is it negotiable for multi-unit operators?

The franchise fee of $100,000 exceeds typical fees by $25,000-$65,000. Can you provide a detailed breakdown of what is included and what additional costs are required to launch a unit?

The Investment Costs score of 18 is significantly below the typical range. What is the total initial investment requirement, and what categories of costs are not included in the franchise fee?

Your termination rate of 5.6% is substantially higher than the typical range of 0.0-1.6%. What were the specific reasons for the 1 unit termination in 2024, and what were the circumstances?

Can you provide the detailed disclosure of all 11 termination causes outlined in the franchise agreement, and how frequently each cause has been invoked historically?

What is the renewal fee structure, and does the $10,000 renewal fee apply each time a franchise is renewed, or is it a one-time cost?

Your Item 19 financial performance disclosure is available—what are the median and average unit volumes for reporting units, and how many units provided data for this analysis?

What specific circumstances triggered the 1 case initiated by the franchisor in the past 3 years, and what was the outcome or current status?

The cure periods in your termination clause range from 24 hours to 60 days depending on violation type. Can you clarify what specific violations fall into the 24-hour cure category?

Personal guarantees are required from direct and indirect owners. What specific obligations are covered under these guarantees, and can they be limited to a percentage of the franchise fee or total investment?

The indemnification clause appears broad in scope. What claims are specifically excluded from indemnification requirements, and what limits exist on indemnification liability?

Territory is described as protected but not exclusive. What specific encroachment protections are provided, and are there circumstances under which the franchisor can place additional units near existing franchisees?

With a 20-year initial term and 1 x 10-year renewal option, what happens at the end of the renewal period? Are there additional renewal options available?

There is no non-compete period or geographic restriction after exit. Does this mean a franchisee can operate a competing business or join a competitor immediately upon franchise termination or expiration?

The Support & Training score of 88 is above typical range. What specific training, operational support, and ongoing assistance are provided, and what are the associated costs beyond the 7.0% royalty?

Unit count has grown from 15 to 18 units in 3 years. Can you provide details on unit acquisition, how many units are company-owned vs. franchised, and what geographic regions are currently served?

What percentage of current units have completed their initial term and renewed, and what renewal rate do you typically see?

The transfer fee is listed as N/A. If a franchisee wants to sell their unit, what approval process and costs are required?

Can you explain the relationship between JdV by Hyatt and the Hyatt brand, including what brand standards and operational requirements are mandatory?