Does the Even Hotels financial statement include a report of independent auditors?

According to Even Hotels' 2025 Franchise Disclosure Document, the financial statements of Six Continents Hotels, Inc., which include Even Hotels, do include a report of independent auditors. This report expresses the auditors' opinion on the fairness and accuracy of the consolidated financial statements. The audit was conducted according to generally accepted auditing standards in the United States of America.

The report covers the consolidated balance sheets as of December 31, 2024, and 2023, along with the consolidated statements of net income, comprehensive income, changes in parent's investment, and cash flows for the three years ending December 31, 2024. The auditors state that the financial statements present fairly the financial position of Six Continents Hotels, Inc. in accordance with accounting principles generally accepted in the United States of America.

Furthermore, the FDD includes a table of contents for Holiday Hospitality Franchising, LLC, which also lists a "Report of Independent Auditors" as the first item. This indicates that the financial statements for Holiday Hospitality Franchising, LLC, also include an audit report. The inclusion of an independent auditor's report suggests that the financial statements have been reviewed by an objective third party, which can provide a higher level of confidence in their accuracy and reliability for prospective Even Hotels franchisees.