For what fiscal years are Holiday's audited financial statements included in the Even Hotels FDD?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F-1 to this disclosure document includes Holiday's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Our parent, SCH, commits to perform certain post-sale obligations for us. Exhibit F-2 includes SCH's audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 98)
What This Means (2025 FDD)
According to the 2025 FDD, Holiday's audited financial statements are included for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. This provides a prospective Even Hotels franchisee with a three-year view of Holiday's financial performance.
In addition to Holiday's financial statements, the FDD also includes audited financial statements for SCH, Even Hotels' parent company, for the same fiscal years. This is relevant because SCH commits to perform certain post-sale obligations for Even Hotels.
Reviewing these financial statements is a crucial step for potential franchisees. It allows them to assess the financial stability and performance of both Holiday and its parent company, SCH, which can impact the support and services Even Hotels franchisees receive.