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Noted Collection franchise — is it worth it?

Travel & hospitality · FDD-based assessment · registered 2026

Medium risk No franchised units open yet

What Noted Collection's most recent Franchise Disclosure Document says about the money, the litigation, and the franchisee churn — before you wire a five- or six-figure franchise fee.

Everything below is free, read straight off Noted Collection's registered filing. Weighing Noted Collection against other options? Get a free shortlist of franchises that fit your budget.

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Total initial investment
—
FDD Item 7
Initial franchise fee
—
FDD Item 5
Royalty
5%
FDD Item 6
Item 19 earnings
Not disclosed
no franchisor earnings
Litigation (Item 3)
Disclosed
in Item 3

Figures above are as disclosed in Noted Collection's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 640808 — check it yourself. See every other Wisconsin-registered franchise.

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Noted Collection franchise profit — what the FDD discloses

Plainly: Noted Collection does not disclose franchise profit or revenue. Its most recent FDD makes no Item 19 financial performance representation, so there is no franchisor-backed earnings figure for Noted Collection — any number quoted elsewhere is an estimate, not a disclosure. The absence is itself worth weighing (50% of travel & hospitality franchisors in our corpus do disclose); the fees, litigation and outlet churn Noted Collection's FDD does contain are on this page. For brands that put earnings on paper, see Hotel, travel & hospitality franchises with disclosed Item 19 earnings.

Noted Collection lawsuits & legal history (FDD Item 3)

Noted Collection's most recently filed Franchise Disclosure Document (2026) does disclose legal proceedings in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against Noted Collection itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. Item 3 of the source FDD describes each case.

Noted Collection closures & failure rate

Before you sign, Noted Collection will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Noted Collection's most recent filing shows, and whether it's normal for a travel & hospitality of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Noted Collection reports no franchised units open yet — there is no operating track record to churn.

Who owns Noted Collection?

Noted Collection's franchise is offered by HOLIDAY HOSPITALITY FRANCHISING, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it. The same franchisor files separate FDDs for other brands, which is worth knowing — sibling brands share a franchise-support organization but disclose their own numbers:

Atwell Suitessame franchisor · cost · earnings · failure rateavid hotelssame franchisor · cost · earnings · failure rateCandlewood Suitessame franchisor · cost · earnings · failure rateCrowne Plaza Hotels & Resortssame franchisor · cost · earnings · failure rateEVEN Hotelssame franchisor · cost · earnings · failure rateGarnersame franchisor · cost · earnings · failure rateHoliday Inn Express;same franchisor · cost · earnings · failure rateHoliday Inn;same franchisor · cost · earnings · failure rateHotel Indigosame franchisor · cost · earnings · failure rateIntercontinental Hotels & Resortssame franchisor · cost · earnings · failure rateRuby Hotelssame franchisor · cost · earnings · failure rateStaybridge Suitessame franchisor · cost · earnings · failure rateVignette Collectionsame franchisor · cost · earnings · failure ratevocosame franchisor · cost · earnings · failure rate

Other travel & hospitality franchises

Anyone weighing Noted Collection is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Park Inn$3,987 – $21,436 · Item 19 disclosedMy Place Hotels$98,735 – $126,910Baymont Inn$105,591 – $145,623 · Item 19 disclosedAmericInn, AmericInn Lodge & Suites, AmericInn Hotel & Suites, AmericInn by Wyndham$105,151 – $149,052 · Item 19 disclosedNautical Boat Club$396,700 – $697,000 · Item 19 disclosedAffordable Suites of America$193,100 – $1,765,100 · Item 19 disclosedBW Premier Collection;$442,540 – $6,890,025Best Western;$581,925 – $12,658,075Outset Collection by Hilton$2,201,921 – $51,965,743Apartment Collection by Hilton$1,427,321 – $64,896,039

Noted Collection franchise — frequently asked

Who owns Noted Collection — who is the franchisor?

Noted Collection's most recently filed FDD (2026) names HOLIDAY HOSPITALITY FRANCHISING, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. The same franchisor also files FDDs for Atwell Suites, avid hotels, Candlewood Suites, Crowne Plaza Hotels & Resorts, EVEN Hotels, Garner, Holiday Inn Express;, Holiday Inn;, Hotel Indigo, Intercontinental Hotels & Resorts, Ruby Hotels, Staybridge Suites, Vignette Collection, voco. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a Noted Collection franchise cost?

Noted Collection's most recently filed FDD (Item 7) puts the total estimated initial investment at a range disclosed in Item 7 and a 5% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote.

How much profit does a Noted Collection franchise make?

Noted Collection makes no Item 19 financial performance representation, so there is no franchisor-disclosed revenue or profit figure for Noted Collection at all — and profit would never be disclosed even where earnings are, because it depends on your rent, labor and how you operate. Any profit figure quoted elsewhere is an estimate, not a disclosure.

Does Noted Collection disclose financial performance (Item 19)?

No — Noted Collection's most recent FDD makes no Item 19 financial performance representation. Its absence is worth weighing: 50% of travel & hospitality franchisors in our corpus do disclose.

Are there lawsuits against Noted Collection?

Noted Collection's most recently filed FDD (2026) discloses legal proceedings in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against Noted Collection itself, and a disclosure is not a finding of wrongdoing.

Is Noted Collection a good franchise to buy?

Nobody can answer that from Noted Collection's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against travel & hospitality peers and against your own budget. Our read on this filing is medium risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.

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Get a free email when something changes on Noted Collection or travel & hospitality: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.