Does the Embassy Suites FDD include audited consolidated balance sheets, and if so, for which years?

According to Embassy Suites's 2025 Franchise Disclosure Document, audited consolidated balance sheets are included. Specifically, Exhibit C contains the audited consolidated balance sheets as of December 31, 2024 and 2023. The exhibit also includes the related consolidated statements of operations and member's capital and cash flows for the years ended December 31, 2024, 2023, and 2022, along with related notes.

These financial statements offer prospective Embassy Suites franchisees insight into the brand's financial health and performance. The balance sheets provide a snapshot of the company's assets, liabilities, and equity for the specified dates. The statements of operations, member's capital, and cash flows detail the company's financial performance over the three-year period. Reviewing these documents can help a potential franchisee assess the stability and profitability of Embassy Suites.

The inclusion of an independent auditor's report further enhances the credibility of these financial statements. The report confirms that the financial statements present fairly the financial position of Hilton Franchise Holding LLC in accordance with accounting principles generally accepted in the United States of America. This provides a level of assurance to potential franchisees that the financial information is reliable and has been vetted by an independent third party.

Prospective franchisees should carefully review these audited financial statements and notes, ideally with the assistance of a financial advisor, to fully understand the financial condition of Embassy Suites and assess the risks and opportunities associated with investing in the franchise.