What was the total amount, in thousands of dollars, of Best Western's held-to-maturity debt securities in 2023?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2023 | 2022 | |
|---|---|---|---|
| Investments in certificates of deposits | $ 2,253 | $ 5,250 | |
| Corporate bonds | 2,043 | 10,074 | |
| U.S. treasury and government agency bonds | - | 2,020 | |
| Total held-to-maturity debt securities | $ 4,296 | $ 17,344 |
Source: Item 23 — Receipts (FDD pages 108–413)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, the total amount of held-to-maturity debt securities in 2023 was $4,296,000. This figure represents the sum of investments in certificates of deposit ($2,253,000) and corporate bonds ($2,043,000).
For a prospective franchisee, this information provides insight into how Best Western manages its finances and invests its assets. Held-to-maturity debt securities are generally considered a relatively conservative investment, suggesting a lower-risk approach to managing the organization's funds.
Understanding the types and amounts of investments Best Western holds can help potential franchisees assess the financial stability and risk profile of the organization. While this specific figure may not directly impact day-to-day operations of a franchise, it contributes to the overall picture of the financial health of the Best Western brand.