Are the financial statements for SCH in the Even Hotels FDD audited?

According to the 2025 Even Hotels Franchise Disclosure Document, the financial statements for SCH (Six Continents Hotels, Inc.) are indeed audited. Specifically, Exhibit F-2 of the FDD includes SCH's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.

This means that a qualified independent accounting firm has examined SCH's financial records and provided an opinion on whether they fairly represent the company's financial position and performance in accordance with generally accepted accounting principles. The audit provides a level of assurance to potential Even Hotels franchisees that the financial information provided by SCH is reliable and has been vetted by an independent third party.

As the parent company, SCH commits to performing certain post-sale obligations for Even Hotels. Therefore, the audited financial statements of SCH can give a franchisee more confidence in the financial stability of the parent company and its ability to meet its obligations to franchisees. Reviewing these audited statements is a crucial step in assessing the overall financial health and stability of the Even Hotels franchise system.