New Jersey A5050 establishes the Hotel Franchisee Fairness and Market Access Act to ensure fair practices between hotel franchisors and franchisees.

New Jersey A5050, the Hotel Franchisee Fairness and Market Access Act, aims to create a more equitable relationship between hotel franchisors and franchisees. The bill mandates franchisors to fully disclose any rebates, commissions, or fees received from vendors based on franchisee purchases, with any amounts attributable to a franchisee to be returned within 60 days. It prohibits franchisors from authorizing hotels of the same brand or chain scale within a franchisee’s protected territory without written consent or reasonable compensation.

New Jersey A5050 establishes the Hotel Franchisee Fairness and Market Access Act to ensure fair practices between hotel franchisors and franchisees.

New Jersey A5050, the Hotel Franchisee Fairness and Market Access Act, aims to create a more equitable relationship between hotel franchisors and franchisees. The bill mandates franchisors to fully disclose any rebates, commissions, or fees received from vendors based on franchisee purchases, with any amounts attributable to a franchisee to be returned within 60 days. It prohibits franchisors from authorizing hotels of the same brand or chain scale within a franchisee’s protected territory without written consent or reasonable compensation.