What was the reported accumulated depreciation for property and equipment for Bw Premier Collection in 2022?

According to Bw Premier Collection's 2025 Franchise Disclosure Document, the accumulated depreciation for property and equipment as of November 30, 2022, was reported as $44,756 thousand. This figure reflects the total depreciation recognized on the company's property and equipment assets up to that point in time.

For a prospective franchisee, understanding accumulated depreciation is crucial as it impacts the net value of Bw Premier Collection's assets. The property and equipment had a cost of $54,368 thousand in 2022, and after subtracting the accumulated depreciation of $44,756 thousand, the net value was $9,612 thousand. This indicates the book value of these assets after accounting for wear and tear over their useful lives.

It's important to note that depreciation is an accounting method to allocate the cost of an asset over its useful life. The document also mentions that depreciation on land improvements, buildings, and furniture and equipment is computed using straight-line and accelerated methods over estimated useful lives ranging from 3 to 39 years. Leasehold improvements are amortized on a straight-line basis over the shorter of the related lease term or the estimated useful lives of the assets. Reviewing these depreciation methods and useful lives can provide insight into how Bw Premier Collection manages its assets and financial reporting.