Affordable Suites of America

Item 11

As of the date of this disclosure document, ASA has independent access to the information contained in your computer system through the PMS.

Franchise agreement

Franchisee’s report of Gross Room Revenues required under Section 6.3 of this Agreement must be submitted to Franchisor on or before such date as Franchisor designates for the preceding month or reporting period, as the case may be.

Item 8

ASA is not currently, but may be a supplier of Approved Products from time to time.

Item 11

ASA has not established, but has the right to establish and appoint franchisees to a Franchisee Advisory Council (“FAC”) to serve in an advisory capacity only on marketing and promotion programs.

Item 8

In 2025 we did not derive any revenue from required purchases or leases of products and services by our franchisees.

Item 8

ASA estimates that your purchase of equipment, products, supplies, and marketing materials which meet ASA’s specifications and standards will represent approximately 80% to 90% of the cost to establish the franchise business, and 30% to 50% of the cost to operate the franchise business on an ongoing basis.

Item 8

You may submit a written request to ASA for the right to purchase Approved Products from alternative vendors, or to purchase products of equal quality to Approved Products.

Item 17

stop using the Marks assigning business phone number

Item 11

Inspect your Hotel periodically to ensure that you are complying with Affordable Suites of America™ uniform requirements and quality standards (Section 7.15 of the Franchise Agreement).

Item 14

You must comply with all changes to the Operations Manual at your cost.

Item 11

All sites must be approved by us, but, since we only grant franchises for existing hotels that will convert into Affordable Suites of America™ Hotels that approval is implicit in granting you a franchise.

Item 11

You must spend a minimum of $3,000 on approved grand opening activities.

Item 8

You must purchase all products, supplies, uniforms, signs, equipment, computer hardware and software, fixtures, furnishings, stationery, and advertising, marketing and sales promotion materials for which we have specifications and/or standards (“Approved Products”) from suppliers approved by ASA in writing.

Item 8

You must purchase all products, supplies, uniforms, signs, equipment, computer hardware and software, fixtures, furnishings, stationery, and advertising, marketing and sales promotion materials for which we have specifications and/or standards (“Approved Products”) from suppliers approved by ASA in writing.

Franchise agreement

In its sole discretion, Franchisor may collect Payments required by Article 4 by direct debit withdrawal by Franchisor from a designated bank account of Franchisee.

Item 15

You must designate in writing to ASA the approved management company and the individual who will reside in the Hotel and will directly supervise and manage the operation of the Hotel (the “Resident Manager”).

Item 8

You must purchase all products, supplies, uniforms, signs, equipment, computer hardware and software, fixtures, furnishings, stationery, and advertising, marketing and sales promotion materials for which we have specifications and/or standards (“Approved Products”) from suppliers approved by ASA in writing.

Item 11

Property Management System: You will also be required to install and use our designated Property Management System, currently the Jonas Chorum PMS (the “PMS”), which will manage the Hotel’s operations and reservations on a day-to-day basis.

Item 11

As of the date of this disclosure document, ASA has independent access to the information contained in your computer system through the PMS.

Item 11

Property Management System: You will also be required to install and use our designated Property Management System, currently the Jonas Chorum PMS (the “PMS”), which will manage the Hotel’s operations and reservations on a day-to-day basis.

Item 11

if ASA develops a national conference, you, or your owners, and your Resident Manager must attend and you will be responsible for your costs of participation, such as any conference fees, travel costs and expenses, salaries and related cost for all of your participants.