factual

What was the depreciation and amortization expense for Bw Premier Collection in 2022 (in thousands)?

Bw_Premier_Collection Franchise · 2025 FDD

Answer from 2025 FDD Document

Consolidated Statements of Revenues and Expenses

(in thousands) 2023 Years Ended November 30, 2022
REVENUES:
Fees, dues and assessments $ 293,536 $ 276,766
Program revenues 180,273 165,915
Other revenues 62,787 51,199
TOTAL REVENUES 536,596 493,880
EXPENSES:
Compensation, taxes and benefits 197,303 175,005
Advertising and promotion 121,415 105,950
Depreciation and amortization 18,162 14,748
General and administrative 88,222 77,477
Program cost of sales 19,540 16,531
TOTAL EXPENSES 444,642 389,711
Net realized and unrealized gains (losses) on investments 12,414 (1,391)
Interest and dividend income, and interest expense, net 12,150 2,160
Excess of revenues over expenses before income taxes 116,518 104,938
Income tax provision (27,498) (17,169)
Excess of revenues over expenses 89,020 87,769
Excess of expenses over revenues
attributable to non-controlling interests 299 310
EXCESS OF REVENUES OVER EXPENSES
ATTRIBUTABLE TO BEST W

Source: Item 23 — Receipts (FDD pages 54–203)

What This Means (2025 FDD)

According to Bw Premier Collection's 2025 Franchise Disclosure Document, the total depreciation and amortization expense for the year ended November 30, 2022, was $14,748,000. This figure is a key indicator of the wear and tear on Bw Premier Collection's assets and the amortization of its intangible assets during that period. It is important to note that this value represents the combined depreciation and amortization for the entire Bw Premier Collection system and not an individual franchise.

Depreciation and amortization are accounting methods used to allocate the cost of assets over their useful lives. Depreciation applies to tangible assets like buildings and equipment, while amortization applies to intangible assets like software and goodwill. The $14,748,000 expense includes various components such as depreciation of property and equipment ($2,111,000), amortization of computer software ($10,064,000), depreciation of hotel investments ($1,377,000), and amortization of goodwill and other intangible assets ($1,196,000). These individual components provide a more detailed understanding of how Bw Premier Collection values and accounts for its assets.

For a prospective franchisee, understanding these expenses at the franchisor level can offer insights into the financial management and capital expenditure strategies of Bw Premier Collection. While franchisees won't directly incur these specific expenses, the franchisor's approach to asset management can indirectly affect the services, technology, and support provided to franchisees. Therefore, it's beneficial to consider these figures as part of a broader financial due diligence process when evaluating a Bw Premier Collection franchise opportunity.

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.