As of what date was the auditor's report for Even Hotels issued?

According to Even Hotels' 2025 Franchise Disclosure Document, the auditor's report for Six Continents Hotels, Inc., a wholly-owned subsidiary of InterContinental Hotels Group PLC, was available for issuance as of April 15, 2025. The financial statements audited are for the years ended December 31, 2024, 2023, and 2022.

This date is significant because it indicates the period up to which the company's financial activities have been reviewed and verified by an independent auditor. Prospective franchisees rely on these audited financial statements to assess the financial health and stability of the franchisor. The auditor's report provides an opinion on whether the financial statements present fairly the company's financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America.

The FDD also includes a separate auditor's report for Holiday Hospitality Franchising, LLC, which is the direct franchisor for Even Hotels. This report covers the financial years ending December 31, 2024 and 2023. However, the document does not specify the date the Holiday Hospitality Franchising, LLC auditor's report was available for issuance. Franchisees should confirm the 'available for issuance' date with Even Hotels to ensure they have the most current financial information for Holiday Hospitality Franchising, LLC.

It is standard practice for franchisors to include audited financial statements in their FDDs to provide transparency to potential franchisees. The auditor's report, along with the financial statements, helps franchisees make informed decisions about investing in the franchise. The 'available for issuance' date is important because it tells the franchisee how recent the audited information is.