What was the amount recognized in amortization expense for Embassy Suites?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Recognized as a reduction of franchise royalty fees $ 16,053 $ 12,897 $ 11,972 | |
|---|---|
| Recognized in amortization expense 3,751 414 410 |
Source: Item 23 — RECEIPTS (FDD pages 97–305)
What This Means (2025 FDD)
According to Embassy Suites' 2025 Franchise Disclosure Document, the amount recognized in amortization expense is detailed in Item 23, Receipts. The document lists amortization expenses of $3,751, $414, and $410.
It is important to note that the provided excerpt does not specify the time period (e.g., annually, quarterly) to which these amortization expenses apply. A prospective Embassy Suites franchisee should clarify with the franchisor the exact time frame and what these figures represent.
Understanding amortization expenses is crucial for franchisees as it reflects the expense recognized for intangible assets over their useful life. This information helps in assessing the overall financial health and profitability of the franchise system.