For what fiscal years are SCH's audited financial statements included in the Crowne Plaza FDD?

According to Crowne Plaza's 2025 Franchise Disclosure Document, the audited financial statements for SCH, the parent company, are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. These financial statements are important for prospective franchisees as they provide an overview of the financial health and stability of the parent company, which has committed to perform certain post-sale obligations for Crowne Plaza.

Having access to these audited financial statements allows potential franchisees to assess the financial strength of SCH and its ability to support the Crowne Plaza franchise system. This includes evaluating SCH's ability to meet its obligations and provide necessary resources to franchisees. The three-year period provides a trend analysis, showing the financial performance of SCH over time, which can be more informative than a single year's data.

It is standard practice in franchising to include the financial statements of the franchisor or its parent company in the FDD. This requirement aims to provide transparency and protect franchisees by enabling them to make informed decisions based on the financial stability of the franchise organization. Reviewing these statements is a crucial step in the due diligence process for anyone considering investing in a Crowne Plaza franchise.