WaterWalk Extended Stay by Wyndham

What were the specific reasons for the 7 litigation cases initiated against the franchisor, and what were the outcomes or settlements reached?

Given that 2 litigation cases are currently pending, what is the nature of these claims and what is the expected timeline for resolution?

The transfer fee of $75,000 is significantly higher than the industry typical range of $12,500-$50,000. What justifies this fee level, and is it negotiable for incoming transferees?

Why does the franchise agreement include no renewal options when the industry typical range is 5-10 years of renewal terms, and what happens to franchisees at the end of the 20-year initial term?

The royalty rate of 6.0% exceeds the typical range of 5.0-5.5%. How does this rate compare to competing extended-stay hospitality franchises?

What specifically triggered the 2 franchisor terminations in 2023, and did the franchisees have adequate opportunity to cure defaults under the 10-day to 30-day cure periods?

With 9 units closed or terminated out of 11 units over the past 3 years (25.0% turnover), what is the franchisor doing to stabilize the system and support remaining franchisees?

The 2023 unit count increased from 8 to 11 while also experiencing 2 closures and 2 terminations—where did these 3 new units come from, and are new unit sales being prioritized despite high exit rates?

Since there is no territory exclusivity or encroachment protection, how does the franchisor prevent company-owned locations or other franchisees from competing directly with your unit?

The renewal fee is $75,000 and requires a new agreement and property improvements, but there are no renewal options. Can you clarify whether this means franchisees cannot renew at all, or if renewal is possible only through negotiation?

What is the Item 19 financial performance disclosure showing in terms of unit profitability, and how many of the 11 current units are actually profitable?

The termination clause allows for 15 non-curable termination causes. Can you provide the complete list of these causes and explain how broadly they have been applied in the 2 franchisor terminations?

Given the personal guarantee requirement from all entity owners and their spouses, what specific recourse does the franchisor have against personal assets in case of breach?

The system's net unit growth is zero over the past year despite the franchisor's continued recruitment of new franchisees. Is the franchisor targeting mature markets experiencing saturation, or is there another explanation?

How does the Wyndham brand support and integration work for WaterWalk properties, given the elevated litigation and turnover metrics in this specific franchise line?

Are there any current disputes or regulatory investigations involving the franchisor that are not yet reflected in the litigation count?

What is the breakdown of the $734 annual technology fee, and are there additional technology or system upgrade costs beyond this amount?

The 3-year CAGR of 6.92% is slightly above typical range while the 1-year growth is 0%. What growth trajectory is the franchisor projecting for the next 3-5 years?

Can you provide references from franchisees who opened in the past 3 years, specifically those who have remained in the system and are profitable?