What was the total amount of Embassy Suites' total liabilities as of December 31, 2023?

According to Embassy Suites's 2025 Franchise Disclosure Document, the total liabilities for the company as of December 31, 2023, were $566,693. This figure represents the sum of all current liabilities, deferred revenues, franchise contract acquisition costs payable, and other liabilities the company was obligated to pay at that time.

Specifically, the current liabilities totaled $66,132, deferred revenues amounted to $486,418, franchise contract acquisition costs payable were $8,575, and other liabilities accounted for $5,568. These individual components, when combined, constitute the total liabilities reported on Embassy Suites's balance sheet for the specified date.

Prospective franchisees should understand that this liability figure reflects Embassy Suites's financial obligations at a specific point in time. It's essential to review these figures in the context of the company's overall financial health, including its assets, equity, revenues, and expenses, to gain a comprehensive understanding of its financial stability and performance. Furthermore, it is important to compare these figures with previous years to identify any trends.