What years are covered in the consolidated statements of income for the Baymont Inn Suites financial statements?
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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 96)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the consolidated statements of income, comprehensive income, equity, and cash flows for Wyndham Hotels & Resorts, Inc. and its subsidiaries are included in the financial statements. These statements cover each of the three years in the period ended December 31, 2024.
This means that the financial statements provide a three-year historical view of the company's financial performance. A prospective Baymont Inn Suites franchisee can review these statements to understand the financial trends and overall performance of Wyndham Hotels & Resorts, Inc., the parent company of Baymont Inn Suites.
It is important to note that these are the financial statements of the parent company, Wyndham Hotels & Resorts, Inc., and not specifically of Baymont Inn Suites itself. While this provides insight into the financial health of the overall organization, it does not offer a detailed breakdown of Baymont Inn Suites's individual financial performance. Franchisees should consider this when evaluating the financial viability of investing in a Baymont Inn Suites franchise.