table_specific

What was the total revenue for Even Hotels in 2022 (revised) (in thousands)?

Q: What was the total revenue for Even Hotels in 2022 (revised) (in thousands)?

y, no such opinion is expressed. - x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements. - x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governa Source: Item 23 — RECEIPTS (FDD pages 99–438)

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

y, no such opinion is expressed.

x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements.
x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governa

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, the total revenue for the company in 2022 (revised) was $3,032,048. This figure includes revenue from various sources such as fee business, hotel operations, other income, and system fund and reimbursable revenues. This information is crucial for potential franchisees as it provides a snapshot of the brand's financial performance. Understanding the different revenue streams can help franchisees evaluate the overall health and stability of Even Hotels.

Breaking down the revenue sources, in 2022, Even Hotels generated $808,297 from fee business, $78,787 from hotel operations, $264,377 from other sources, and $1,880,587 from the System Fund and reimbursable revenues. These figures offer insight into how Even Hotels generates its income, with a significant portion coming from the System Fund and fee business. A prospective franchisee can use these figures to understand the relative importance of each revenue stream and how changes in one area might affect the overall financial performance of the company.

For a potential Even Hotels franchisee, this data is essential for conducting due diligence and assessing the financial viability of investing in the franchise. Reviewing the trend of total revenues and the composition of revenue streams over the three years (2022-2024) can provide a more comprehensive understanding of the brand's financial trajectory. It is important to note that these figures represent the total revenue for the entire Even Hotels system, not the revenue of an individual franchise location. Franchisees should also consider other factors, such as operating expenses and net income, to get a complete picture of the company's financial health.

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.

All Even_Hotels 2025 FAQs Ask FDD Ninja