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CAverage39/100FDD 2026

Ramada: Litigation & Risk

Lodging · FDD Items 3, 4 & 5

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Elevated Risk

11 cases disclosed in FDD Items 3 and 4.

Source: FDD Items 3–5

FDD Items 3 & 4

Litigation Metrics

Cases disclosed
11
Total from FDD Items 3 and 4
Bankruptcy (Item 4)
None
Franchisor or officer bankruptcy
Verdict score
39 / 100
FranchiseVerdict composite · higher is better
Rating
C
A / B / C / D / F verdict grade

7(a) FOIA data · FY2020–present

SBA Loan Performance

Aggregated from public SBA 7(a) loan disclosures. Charge-off rate is the share of loans that were charged off or settled for less than the full balance.

Total 7(a) loans
406
Government-backed loans issued
Charge-off rate
11.8%
vs 16% franchise average
5-yr charge-off rate
N/A
Defaults
36 loans
Loans charged off or defaulted
Total loan volume
$646.1M
Avg loan size
$1.6M
Participating lenders
129

FDD Items 5, 6 & 17: What You Give Up

Contract Risk Indicators

Mandatory arbitration
Not required
You retain the right to sue in court
Jury trial waiver
Waived
You give up the right to a jury trial
Non-compete
2 yrs
Post-termination restriction on similar businesses
Franchisor can compete
Yes
Franchisor can open competing locations in or near your territory
Right of first refusal
No
Franchisor can match any purchase offer when you try to sell
Governing law
New Jersey
State whose law governs disputes. Relevant if you're not based there

Extracted from FDD Item 3

Litigation Detail

11 case reference(s): 1 pending, 0 settled.

What drove the 39/100 verdict

Risk Score Breakdown

  1. 01HIGH16 litigation matters (parent/system-wide hotel chain)
  2. 02MINORSystem contracting -11.5%, turnover 10.9%
  3. 03MINORHistorical FTC data-security settlement noted
  4. 04HIGHNo bankruptcy, no going-concern, audited, Item 19 disclosed

Severity inferred from FDD text. Not a regulatory or legal classification

Litigation data from FDD Items 3, 4, and 5. SBA data from public 7(a) FOIA records (FY2020–present). Not legal advice. Consult a franchise attorney before signing any franchise agreement.