Where can I find Holiday's audited financial statements in the Crowne Plaza FDD?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F-1 to this disclosure document includes Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Our parent, SCH, commits to perform certain post-sale obligations for us. Exhibit F-2 to this disclosure document includes SCH's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Source: Item 21 — Financial Statements (FDD page 99)
What This Means (2025 FDD)
According to the 2025 Crowne Plaza FDD, Holiday's audited financial statements can be found in Exhibit F-1. This exhibit includes the financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
In addition to Holiday's financial statements, the FDD also includes the audited financial statements of SCH, Holiday's parent company, in Exhibit F-2. These statements cover the same fiscal years: December 31, 2024, December 31, 2023, and December 31, 2022.
Reviewing these financial statements is crucial for prospective franchisees as it provides insights into the financial health and stability of both Holiday and its parent company, SCH. This information can help franchisees assess the risks and potential rewards associated with investing in a Crowne Plaza franchise.