What was the total amount of 'Additions' to goodwill for Caption By Hyatt during 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
ir values.
We finalized the fair values of the assets acquired and liabilities assumed in the second quarter of 2024, which resulted in insignificant measurement period adjustments.
The following table summarizes the fair value of the identifiable net assets acquired at the acquisition date:
| Cash and cash equivalents | $ 22 |
|---|---|
| Receivables | 6 |
| Prepaids and other assets | 1 |
| Goodwill (1) | 38 |
| Indefinite-lived intangibles (2) | 12 |
| Customer rel |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it is not possible to determine the specific 'Additions' to goodwill for Caption By Hyatt during 2024. The provided financial statements of Hyatt Hotels Corporation do not break down goodwill changes at the brand level. Instead, the FDD presents consolidated financial information that includes goodwill related to various acquisitions and dispositions made by Hyatt Hotels Corporation.
While the document mentions goodwill in the context of acquisitions such as the $38 million in goodwill from an unspecified acquisition and $62 million from another, these figures are not specifically tied to the Caption By Hyatt brand. Additionally, the FDD details goodwill impairment charges related to the sales of properties like Hyatt Regency Aruba Resort Spa and Casino ($15 million) and Grand Hyatt San Antonio River Walk ($7 million), but these are reductions in goodwill, not additions.
For a prospective Caption By Hyatt franchisee, this lack of brand-specific goodwill information means they cannot directly assess how the brand's performance or acquisitions have impacted the parent company's goodwill. It would be prudent for potential franchisees to ask the franchisor for more detailed financial information specific to the Caption By Hyatt brand to better understand its financial health and performance.