Does the Atwell Suites Franchise Disclosure Document include financial statements for Holiday Hospitality Franchising, LLC?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document dated April 15, 2025 that included the following Exhibits:
- A Application Letter Form
- B License Agreement, Master Technology Services Schedule, Guaranty of License Agreement and State Addenda
- C Agents for Service of Process
- D State Franchise Administrators
- E List of Franchisees
- F1 Financial Statements of Holiday Hospitality Franchising, LLC
- F2 Financial Statements of Six Continents Hotels, Inc.
- G Ancillary Agreements
- G-1 IHG Voice Reservation Service Agreement
- G-2 Revenue Services Agreement and Commercial Services Agreement
- G-3 Coca-Cola Participation Agreement
- G-4 NGP Participation Agreements
- G-5 Form IHG Direct Hotel Participation Agreement
- G-6 Form IHG Wi-Fi Connect Agreement
- G-7 Oracle New Account Setup Form
- G-8 AT&T Participation Agreement
- G-9 Quore Subscription Agreement
- G-10 HP Joinder Agreement
- G-11 Microsoft Select Participation Agreement
- G-12 Next-Gen PMS Agreement
- I State Addenda to Disclosure Document
- J State Effective Dates Page
- K Receipts
Source: Item 22 — Contracts (FDD page 99)
What This Means (2025 FDD)
According to the 2025 Atwell Suites Franchise Disclosure Document, Exhibit F1 includes the financial statements of Holiday Hospitality Franchising, LLC. A prospective franchisee can review this exhibit to assess the financial health and stability of the franchisor. This is a standard practice in franchising, allowing potential franchisees to make informed decisions based on the franchisor's financial performance.
In addition to the financial statements for Holiday Hospitality Franchising, LLC, the Atwell Suites FDD also includes Exhibit F2, which contains the financial statements of Six Continents Hotels, Inc. This provides an even broader view of the financial strength of the entities associated with the Atwell Suites franchise system. Reviewing both sets of financial statements can give a more comprehensive understanding of the financial backing and resources available to support the franchise.
By including these financial statements, Atwell Suites aims to provide transparency and build trust with potential franchisees. It is important for prospective franchisees to carefully analyze these documents, possibly with the help of a financial advisor, to evaluate the risks and opportunities associated with investing in an Atwell Suites franchise.