As of the Even Hotels FDD, what was the earliest year for which Holiday's audited financial statements are provided?

According to Even Hotels' 2025 Franchise Disclosure Document, Exhibit F-1 includes Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. This means that the earliest year for which audited financial statements are provided for Holiday is December 31, 2022.

These audited financial statements offer prospective Even Hotels franchisees insight into the financial health and performance of Holiday Hospitality Franchising, LLC, which is relevant because Holiday Hospitality Franchising, LLC is the entity that grants the Even Hotels franchises. Reviewing these statements allows potential franchisees to assess the financial stability of the franchisor and understand its revenue, expenses, assets, and liabilities.

It is important to note that while the FDD includes Holiday's financial statements, it also mentions that the parent company, SCH, commits to perform certain post-sale obligations. Therefore, the FDD also includes SCH's audited financial statements for the same period. A prospective franchisee should analyze both sets of financial statements to gain a comprehensive understanding of the financial obligations and support structure behind the Even Hotels franchise.