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What was the total cost of Best Western's buildings in 2024?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2024 | 2023 | |
|---|---|---|---|
| Hotel investments, at cost: | |||
| Buildings | $ 40,934 | $ 40,263 |
Source: Item 23 — Receipts (FDD pages 108–413)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, the cost of Best Western's buildings for 2023 was $40,934,000 and $40,263,000 for 2024.
It is important to note that the amounts are expressed in thousands, so the actual figures are much larger. This information reflects Best Western's investments in hotel buildings and provides insight into the company's asset allocation.
A prospective franchisee can use this information to understand the scale of Best Western's investments in real estate and how it manages its assets. This can be a factor in assessing the financial stability and investment strategy of the Best Western organization.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.