On what date was the auditor's report for Even Hotels issued?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
All subsequent events through April 15, 2025, the date these financial statements were available for issuance, have been evaluated.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the auditor's report for Six Continents Hotels, Inc., which is the parent company of Holiday Hospitality Franchising, LLC, the franchisor of Even Hotels, was available for issuance through April 15, 2025. This date is relevant because the financial statements of Six Continents Hotels, Inc. are included in the FDD.
This means that the auditor has reviewed the financial statements of Six Continents Hotels, Inc. and has provided an opinion on their fairness and accuracy as of that date. The auditor's report provides assurance to potential franchisees that the financial information presented in the FDD has been independently verified.
It is important for prospective Even Hotels franchisees to review the auditor's report and the financial statements carefully to understand the financial condition of Six Continents Hotels, Inc. and its ability to support the Even Hotels franchise system. Franchisees should pay attention to any qualifications or disclaimers in the auditor's report, as well as any trends or issues identified in the financial statements.