What was the net income for Caption By Hyatt as of December 31, 2023?

According to Caption By Hyatt's 2025 Franchise Disclosure Document, the net income as of December 31, 2023, was $220. This figure is part of a larger table that also includes net income for the years ended December 31, 2024 ($1,296) and December 31, 2022 ($455). The table further breaks down other comprehensive income (loss), including foreign currency translation adjustments and derivative instrument adjustments, providing a more detailed financial picture.

For a prospective Caption By Hyatt franchisee, understanding these figures is crucial for assessing the brand's financial performance and stability. Net income indicates the profitability of the overall Hyatt system, which can influence the resources available for franchisee support, marketing, and brand development. A higher net income generally suggests a healthier and more stable franchise system.

However, it's important to note that these figures represent the overall financial performance of Hyatt and not necessarily the profitability of individual Caption By Hyatt franchise locations. Franchisees should also consider other factors such as initial investment costs, ongoing fees (including royalty fees of 5% of gross rooms revenue), and local market conditions when evaluating the potential profitability of a Caption By Hyatt franchise. Reviewing the complete financial statements and consulting with a financial advisor is recommended for a comprehensive understanding.