For Atwell Suites, which entity's consolidated financial statements are included in the FDD?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company does not own or consolidate any other entity and is a wholly owned subsidiary of Six Continents Hotels, Inc. The Company's ultimate parent and controlling party is InterContinental Hotels Group PLC ("IHG" or the "Parent"). The financial statements are not necessarily indicative of the financial position, results of operations, and cash flows that might have occurred had the Company been a stand-alone entity not integrated into IHG's other operations.
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites's 2025 Franchise Disclosure Document, the financial statements provided are those of Six Continents Hotels, Inc. The document specifies that Six Continents Hotels, Inc. does not own or consolidate any other entity and is a wholly-owned subsidiary of InterContinental Hotels Group PLC (IHG). IHG is identified as the ultimate parent and controlling party.
Because Atwell Suites is part of a larger corporate structure, the financial statements reflect the performance of the parent company, IHG, rather than a standalone Atwell Suites entity. This is a common practice in franchising when the franchise brand is operated as a division or subsidiary of a larger corporation.
Prospective franchisees should be aware that these consolidated statements may not fully represent the specific financial performance of the Atwell Suites brand itself. To gain a deeper understanding of Atwell Suites's financial health, a potential franchisee should consider requesting brand-specific financial information or performance metrics from the franchisor.