What was the net value of hotel investments for Bw Premier Collection in 2023, in thousands of dollars?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
Hotel investments, net, consisted of the following:
| As of November 30, | |||||
|---|---|---|---|---|---|
| (in thousands) | 2023 | 2022 | |||
| Hotel investments, at cost: | $ | $ | |||
| Buildings | 40,263 | 39,328 | |||
| Land | 6,985 | 6,985 | |||
| Furniture and equipment | 6,785 | 6,431 | |||
| Land improvements | 1,742 | 1,362 | |||
| Work in process | 104 | 674 | |||
| Hotel investments | 55,879 | 54,780 | |||
| Less accumulated depreciation | (3,854) | (1,377) | |||
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the net value of hotel investments as of November 30, 2023, was $52,025 thousand. This figure represents the total investment in hotels, taking into account deductions for accumulated depreciation.
Specifically, the total hotel investments at cost were $55,879 thousand, which includes buildings ($40,263 thousand), land ($6,985 thousand), furniture and equipment ($6,785 thousand), land improvements ($1,742 thousand), and work in process ($104 thousand). From this total, accumulated depreciation of $3,854 thousand is subtracted, resulting in the net hotel investments of $52,025 thousand.
For a prospective Bw Premier Collection franchisee, this indicates the scale of investment the franchisor has in its own hotel properties. It also shows the level of depreciation that these assets undergo. Reviewing these figures over time, as presented in the table, can provide insights into how the value of hotel investments changes and how depreciation impacts the net value.