What was the total amount of long-term investments for Bw Premier Collection in 2023, in thousands of dollars?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
)
Consolidated Statements of Financial Position
| (in thousands) | 2023 | As of November 30, 2022 |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 161,159 | $ 239,426 |
| Restricted cash | 12,194 | 11,089 |
| Short-term investments | 15,939 | 16,396 |
| Accounts receivable, principally from Members, net | 61,858 | 72,182 |
| Prepaid expenses and other current assets | 18,017 | 17,265 |
| Income taxes receivable | 9,748 | 8,430 |
| TOTAL CURRENT ASSETS | 278,915 | 364,788 |
| Property, equipment and computer software, net | 34,476 | 31,252 |
| Hotel investments, net | 52,025 | 53,403 |
| Long-term investments | 281,094 | 110,512 |
| Restricted Rabbi Trust investments | 17,037 | 19,063 |
| Deferred income taxes | 47,276 | 49,204 |
| Other assets, net | 23,014 |
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 long-term investments in 2023 were $281,094 thousand. This figure represents the company's investments held for longer than a year, which can include debt and equity securities. For a prospective franchisee, this indicates the financial health and investment strategy of Bw Premier Collection. A substantial amount in long-term investments can suggest financial stability and a strategic approach to growth.
Specifically, the long-term investments are part of the total assets, which amounted to $733,837 thousand in 2023. This provides context for the scale of the investments relative to the overall financial position of Bw Premier Collection. The composition of these investments, as detailed elsewhere in the FDD, includes debt and equity securities, offering insight into the risk and return profile of the company's investment portfolio.
It's important for potential franchisees to understand how these investments contribute to the overall financial performance of Bw Premier Collection. The net realized and unrealized gains on investments for 2023 were $12,414 thousand, which is a component of the total revenues. This highlights the impact of investment performance on the company's profitability. Reviewing these figures helps franchisees assess the financial management and strategic decision-making within the Bw Premier Collection organization.