factual

Does Holiday provide periodic accounting reports for Even Hotels?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

The audited Statement of Revenues and Expenses will be prepared each year; however, it is not generally available for review by licensees, and Holiday does not provide periodic accounting reports.

Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 70–82)

What This Means (2025 FDD)

According to the 2025 Even Hotels Franchise Disclosure Document, Holiday does not provide periodic accounting reports to its franchisees. While an audited Statement of Revenues and Expenses is prepared each year, it is not generally available for review by licensees.

This means that Even Hotels franchisees will not receive regular, ongoing financial reports detailing the performance of the overall brand or the use of service contributions. Franchisees have limited access to detailed financial information, which is a common practice in many franchise systems where the franchisor manages marketing and other shared services.

Prospective Even Hotels franchisees should consider this lack of transparency when evaluating the franchise opportunity. It is important to ask the franchisor about the process for allocating and spending service contributions, and how franchisees can ensure that these funds are being used effectively to support the brand and drive business to their individual hotels. Understanding the franchisor's financial management practices and their impact on franchisees is crucial for making an informed investment decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.