What is the last year for which financial statements are provided for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Best Western International, Inc. (the Company), which comprise the consolidated statements of financial position as of November 30, 2024 and 2023, and the related consolidated statements of revenues and expenses, other comprehensive revenues and expenses, cash flows and changes in net assets for the years then ended, and the related notes (collectively referred to as the "financial statements").
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company at November 30, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — Financial Statements (FDD page 54)
What This Means (2025 FDD)
According to the 2025 FDD, Bw Premier Collection includes audited consolidated financial statements for Best Western International, Inc. The financial statements include the years ending November 30, 2024, and November 30, 2023. These statements include the consolidated statements of financial position, revenues and expenses, other comprehensive revenues and expenses, cash flows, and changes in net assets for those years.
The inclusion of these financial statements allows prospective Bw Premier Collection franchisees to review the recent financial performance of Best Western International, Inc., the parent company. This information can be used to assess the financial stability and overall health of the organization. By examining these statements, potential franchisees can gain insights into revenue trends, expenses, profitability, and cash flow management.
It is important to note that these are the financial statements of the parent company and not specific to the Bw Premier Collection brand itself. While the performance of Best Western International, Inc. can be indicative of the general health of its brands, it does not provide a direct view into the financial performance of Bw Premier Collection hotels. A prospective franchisee should consider this when reviewing the financial statements and should also seek brand-specific financial information, if available, to make a fully informed decision.