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    JdV by Hyatt

    Franchise research report · reviewed 2026 disclosure data

    Researching JdV by Hyatt franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    The StandardX franchise operates as a select-service hotel brand under Hyatt's portfolio, targeting the growing midscale hotel segment with modern amenities and

    Headline figures

    Quick facts

    How much does it cost to open a JdV by Hyatt franchise?
    The JdV by Hyatt Franchise Disclosure Document reports an estimated initial investment of $54,348,393–$89,009,821 (2026 FDD, Item 7, PDF p. 39). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does JdV by Hyatt charge?
    The disclosed ongoing royalty is $7 (2026 FDD, Item 6, PDF p. 21). The brand or advertising fund contribution is $1,027 (2026 FDD, Item 6, PDF p. 27). Other recurring fees are listed in Item 6. Details
    Does JdV by Hyatt disclose financial performance (Item 19)?
    Yes. The JdV by Hyatt FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 85). Figures apply only to the locations and period each one covers. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $54,348,393 – $89,009,821 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 6 separate groups: other measures for 10 Affiliate>=50%owned or managed thirdparty locations; other measures and revenue for 10 Owned/Managed Covered Hotels locations; other measures for 8 Franchisees; may include affiliate<50%JVs locations; other measures and revenue for 8 Franchised Covered Hotels locations; other measures and revenue for 18 All Covered Hotels locations; other measures for 18 Mixed locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 39

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty Fee — 7Main ongoing fee

    62 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    6 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 10 locations

    Who is counted
    Owned/Managed Covered Hotels
    Period
    sample size
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 10 locations

    Who is counted
    Owned/Managed Covered Hotels
    Period
    Low
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    Locations counted: not stated in the reviewed record

    Other measures · 8 locations

    Who is counted
    Franchised Covered Hotels
    Period
    sample size
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 8 locations

    Who is counted
    Franchised Covered Hotels
    Period
    Low
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 18 locations

    Who is counted
    All Covered Hotels
    Period
    Median
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    Locations counted: not stated in the reviewed record

    Other measures · 18 locations

    Who is counted
    All Covered Hotels
    Period
    sample size
    Excluded
    Three opened/affiliated during2025 excluded; no temporary-closure exclusion. Excludes costs/operating expenses.
    Method
    18full-year hotels; unaudited internal data except STRindices. Occupancy weighted occupied/available rooms; ADRGRR/occupied;RevPARGRR/available. STRcompetitive-set indices portfolio weighted; may exclude nonreporters/new/insufficientcomps/concentration. Some conversions hadexistingcustomerbase; WOHhigh101.3%asprinted.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2026 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($54,348,393 – $89,009,821) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 39
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Owned/Managed Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Franchised Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87
    6. [6]Item 19 — Locations counted not stated in the reviewed record — All Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87
    7. [7]Item 19 — Locations counted not stated in the reviewed record — All Covered Hotels · PDF p. 85; PDF p. 86; PDF p. 87; PDF p. 88

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$787
    2025property and equipment, net$1,577
    2025equity method investments$186
    2025operating lease right-of-use assets$328
    2025accrued expenses and other current liabilities$592
    2025long-term debt$4,272
    2025long-term contract liabilities$1,012
    2025other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$1,956
    2025deferred tax assets$518
    2025total assets$14,036
    2025current maturities of long-term debt$6
    2025amortization of share awards$74
    2025noncontrolling interests$325
    2025total liabilities and equity$14,036
    2025asset impairments$40
    2025contingent consideration liabilities fair value adjustments-$37
    2025prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing-$82
    2025receivables, net-$1
    2025deferred revenue related to the loyalty program$271
    2025net cash provided by operating activities$379
    2025operating lease liabilities-$35
    2025purchases of marketable securities and short-term investments-$714
    2025return of equity method and other investments$20
    2025issuance of financing receivables-$16
    2025proceeds from debt, net of issuance costs$3,080
    2025cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$787
    2025repurchases of common stock-$293
    2025net increaseMore than one value recorded for this year — open the FDD source before comparing-$227
    2025payment of withholding taxes for stock-based compensation-$27
    2025net cash provided by$357
    2025cash paid for income taxes, net$214
    2025restricted cashMore than one value recorded for this year — open the FDD source before comparing$1
    2025short-term investments$26
    2025receivables$1,123
    2025inventories$8
    2025prepaids and other assetsMore than one value recorded for this year — open the FDD source before comparing$169
    2025prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing$63
    2025total current assets$2,177
    2025financing receivables$442
    2025goodwill$3,454
    2025intangibles, net$2,229
    2025other assets$3,125
    2025accounts payable$451
    2025current contract liabilities$1,584
    2025accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$226
    2025current operating lease liabilities$35
    2025total current liabilities$2,894
    2025long-term operating lease liabilities$243
    2025total liabilities$10,377
    2025retained earnings$3,482
    2025accumulated other comprehensive loss-$149
    2025total stockholders' equity$3,334
    2025total equity$3,659
    2025net income-$49
    2025depreciation and amortization$325
    2025gains) losses on sales of real estate and other$15
    2025amortization of operating lease right-of-use assets$34
    2025deferred income taxes-$60
    2025equity$46
    2025contra revenue$86
    2025gains) losses, net on marketable securities-$19
    2025payments for key money assets-$134
    2025other$173
    2025prepaids and other assetsMore than one value recorded for this year — open the FDD source before comparing-$26
    2025other long-term assets-$11
    2025accounts payable, accrued expenses, and other current liabilities-$176
    2025contract liabilities-$108
    2025accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$22
    2025other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$28
    2025proceeds from marketable securities and short-term investments$958
    2025contributions to equity method and other investments-$82
    2025acquisitions, net of cash acquired-$1,274
    2025capital expenditures-$220
    2025proceeds from financing receivables$14
    2025proceeds from sales of real estate and other, net-$1
    2025other investing activities$5
    2025repayments and repurchases of debt-$3,629
    2025dividends paid-$57
    2025other financing activities-$28
    2025net cash used in financing activities-$954
    2025effect of exchange rate changes on cash-$9
    2025net increaseMore than one value recorded for this year — open the FDD source before comparing-$227
    2025cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$1,015
    2025cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$788
    2025restricted cashMore than one value recorded for this year — open the FDD source before comparing$1
    2025total cash, cash equivalents, and restricted cash$788
    2025cash paid during the period for interest$277
    2025cash paid for amounts included in the measurement of operating lease liabilities$45
    2025change in accrued capital expenditures$1
    2025right-of-use assets obtained in exchange for operating lease liabilities$10
    2024receivables$1,121
    2024restricted cashMore than one value recorded for this year — open the FDD source before comparing$1
    2024prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing$46
    2024total current liabilities$3,274
    2024retained earnings$3,815
    2024total stockholders' equity$3,547
    2024accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$192
    2024noncontrolling interests$279
    2024total liabilities and equity$13,324
    2024amortization of share awards$64
    2024amortization of operating lease right-of-use assets$36
    2024contra revenue$69
    2024payments for key money assets-$153
    2024prepaids and other assetsMore than one value recorded for this year — open the FDD source before comparing-$116
    2024accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing-$6
    2024purchases of marketable securities and short-term investments-$1,775
    2024other long-term assets-$6
    2024proceeds from financing receivables$51
    2024cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$919
    2024net cash used in financing activities-$618
    2024cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$1,015
    2024right-of-use assets obtained in exchange for operating lease liabilities$19
    2024change in accrued capital expenditures-$4
    2024cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$1,011
    2024short-term investments$372
    2024inventories$8
    2024prepaids and other assetsMore than one value recorded for this year — open the FDD source before comparing$174
    2024total current assets$2,733
    2024equity method investments$189
    2024property and equipment, net$1,689
    2024financing receivables$368
    2024operating lease right-of-use assets$328
    2024goodwill$2,541
    2024intangibles, net$2,167
    2024deferred tax assets$466
    2024other assets$2,843
    2024total assets$13,324
    2024current maturities of long-term debt$456
    2024accounts payable$475
    2024accrued expenses and other current liabilities$565
    2024current contract liabilities$1,553
    2024current operating lease liabilities$33
    2024long-term debt$3,326
    2024long-term contract liabilities$843
    2024long-term operating lease liabilities$245
    2024other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$1,810
    2024total liabilities$9,498
    2024accumulated other comprehensive loss-$269
    2024total equity$3,826
    2024net income$1,296
    2024depreciation and amortization$333
    2024gains) losses on sales of real estate and other-$1,245
    2024deferred income taxes-$123
    2024asset impairments$213
    2024equity-$31
    2024gains) losses, net on marketable securities-$54
    2024contingent consideration liabilities fair value adjustments-$39
    2024other$79
    2024receivables, net$58
    2024prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing$65
    2024accounts payable, accrued expenses, and other current liabilities$56
    2024contract liabilities$48
    2024deferred revenue related to the loyalty program$203
    2024operating lease liabilities-$35
    2024other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$6
    2024net cash provided by operating activities$633
    2024proceeds from marketable securities and short-term investments$1,338
    2024contributions to equity method and other investments-$88
    2024return of equity method and other investments$62
    2024acquisitions, net of cash acquired-$609
    2024capital expenditures-$170
    2024issuance of financing receivables-$136
    2024proceeds from sales of real estate and other, net$1,666
    2024other investing activities-$13
    2024net cash provided by$81
    2024proceeds from debt, net of issuance costs$1,424
    2024repayments and repurchases of debt-$750
    2024repurchases of common stock-$1,190
    2024dividends paid-$60
    2024payment of withholding taxes for stock-based compensation-$43
    2024other financing activities$1
    2024effect of exchange rate changes on cash-$3
    2024net increaseMore than one value recorded for this year — open the FDD source before comparing$93
    2024net increaseMore than one value recorded for this year — open the FDD source before comparing$96
    2024cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$1,011
    2024restricted cashMore than one value recorded for this year — open the FDD source before comparing$1
    2024total cash, cash equivalents, and restricted cash$1,015
    2024cash paid during the period for interest$167
    2024cash paid for income taxes, net$160
    2024cash paid for amounts included in the measurement of operating lease liabilities$45
    2023asset impairments$30
    2023contra revenue$47
    2023receivables, net-$15
    2023other long-term assets-$92
    2023proceeds from marketable securities and short-term investments$576
    2023other investing activities$3
    2023acquisitions, net of cash acquired-$175
    2023proceeds from sales of real estate and other, net$1,421
    2023dividends paid-$47
    2023restricted cash$34
    2023proceeds from debt, net of issuance costs$596
    2023payment of withholding taxes for stock-based compensation-$16
    2023net increaseMore than one value recorded for this year — open the FDD source before comparing-$145
    2023net increaseMore than one value recorded for this year — open the FDD source before comparing-$148
    2023cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$1,067
    2023cash paid for income taxes, net$153
    2023total cash, cash equivalents, and restricted cash$919
    2023net income$220
    2023depreciation and amortization$397
    2023gains) losses on sales of real estate and other-$18
    2023amortization of share awards$75
    2023amortization of operating lease right-of-use assets$42
    2023deferred income taxes-$125
    2023equity$1
    2023gains) losses, net on marketable securities-$34
    2023contingent consideration liabilities fair value adjustments$9
    2023payments for key money assets-$132
    2023other$85
    2023prepaid income taxes-$24
    2023prepaids and other assets-$66
    2023accounts payable, accrued expenses, and other current liabilities-$29
    2023contract liabilities$290
    2023deferred revenue related to the loyalty program$202
    2023operating lease liabilities-$43
    2023accrued compensation and benefits-$22
    2023other long-term liabilities-$13
    2023net cash provided by operating activities$800
    2023purchases of marketable securities and short-term investments-$483
    2023contributions to equity method and other investments-$43
    2023return of equity method and other investments$7
    2023capital expenditures-$198
    2023issuance of financing receivables-$43
    2023proceeds from financing receivables$1
    2023repayments and repurchases of debt-$660
    2023repurchases of common stock-$453
    2023net cash provided by-$365
    2023other financing activities$2
    2023net cash used in financing activities-$578
    2023effect of exchange rate changes on cash-$2
    2023cash, cash equivalents, and restricted cashMore than one value recorded for this year — open the FDD source before comparing$919
    2023cash and cash equivalents$881
    2023cash paid during the period for interest$115
    2023cash paid for amounts included in the measurement of operating lease liabilities$54
    2023change in accrued capital expenditures$9
    2023right-of-use assets obtained in exchange for operating lease liabilities$16

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

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    Head-to-head comparisons

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    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.