What is the name of the company whose financial statements are included in the Baymont Inn Suites FDD?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit D includes the audited financial statements of Wyndham Hotels & Resorts, Inc. and its subsidiaries (the "Company"). These financial statements contain the consolidated balance sheets of the Company as of December 31, 2024 and 2023, the related consolidated statements of income, comprehensive income, equity, and cash flows, for each of the three years in the period ended December 31, 2024, and the related notes.
WHR guarantees our performance; see Exhibit D for a copy of the guaranty. We file state specific guarantees of performance with the appropriate agencies in the states where our franchises are registered to be offered and sold.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 96)
What This Means (2025 FDD)
According to the 2025 Baymont Inn Suites Franchise Disclosure Document, the audited financial statements included are those of Wyndham Hotels & Resorts, Inc. and its subsidiaries, collectively referred to as "the Company".
The financial statements consist of consolidated balance sheets as of December 31, 2024, and 2023, along with consolidated statements of income, comprehensive income, equity, and cash flows for each of the three years leading up to December 31, 2024, including related notes. These statements are prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).
Prospective Baymont Inn Suites franchisees should review these financial statements carefully to understand the financial health and performance of Wyndham Hotels & Resorts, Inc., as it provides insight into the stability and resources behind the Baymont Inn Suites brand. Furthermore, Wyndham Hotels & Resorts, Inc. guarantees the performance of Baymont Franchise Systems, Inc.'s obligations under the Franchise Agreements, making their financial stability a key factor for franchisees to consider.