What was the total amount of receivables from affiliates for Even Hotels as of December 31, 2024?

According to Even Hotels' 2025 Franchise Disclosure Document, the total receivables from affiliates as of December 31, 2024, was $568,163. The FDD also provides the figure for the previous year, 2023, which was $544,935. This indicates the amount Even Hotels is due from its affiliates.

Receivables from affiliates represent money owed to Even Hotels by related entities, such as parent companies or subsidiaries. These receivables can arise from various transactions, including loans, services provided, or shared expenses. The FDD notes that receivables from affiliates are considered to be fully recoverable on the basis of the Group's creditworthiness.

For a prospective franchisee, understanding the financial relationships between Even Hotels and its affiliates is crucial. While the receivables themselves may not directly impact the day-to-day operations of a franchise, they provide insight into the overall financial health and structure of the Even Hotels organization. A significant change in these figures from year to year could warrant further investigation to understand the underlying reasons and potential implications.

It is important to note that the FDD also mentions a line of credit facility with an affiliate, Six Continents Hotels, Inc., with a substantial amount receivable. This line of credit is separate from the general 'receivables from affiliates' and has its own terms, including interest accrual. Reviewing these related-party transactions helps a franchisee assess the financial stability and interconnectedness of the Even Hotels network.