What was the value of Bw Premier Collection's land improvements as of November 30, 2022 (in thousands)?

According to Bw Premier Collection's 2025 Franchise Disclosure Document, as of November 30, 2022, the value of land improvements related to hotel investments was $1,362,000 (in thousands). This figure represents the cost of improvements made to the land associated with Bw Premier Collection's hotel properties. Land improvements are typically enhancements made to the land itself, such as landscaping, parking areas, or other external features that add value to the property. These improvements are considered part of the overall investment in the hotel properties.

For a prospective franchisee, understanding the value of land improvements can be important for assessing the overall financial health and asset value of Bw Premier Collection. It provides insight into the investments Bw Premier Collection has made in its properties and how these investments are accounted for on its balance sheet. Land improvements, unlike buildings, do not depreciate, but they can be subject to impairment if their value declines.

It's also worth noting that these figures are presented in thousands, meaning the actual values are much larger. For example, the $1,362 reported for land improvements actually represents $1,362,000. Franchisees should consider these figures in the context of Bw Premier Collection's total assets and liabilities to gain a comprehensive understanding of the company's financial position. Reviewing these figures over multiple years, as presented in the FDD, can also reveal trends in Bw Premier Collection's investment strategies and asset management practices.