What was the total revenue for Even Hotels' fee business in 2022 (revised) (in thousands)?
Even_Hotels Franchise · 2025 FDDAnswer 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 from the fee business for the year ended December 31, 2022 (revised) was $808,297,000. This figure represents the revenue Even Hotels generated from franchising activities, primarily through royalty fees and other charges related to the use of their trademarks and intellectual property. These fees are typically a percentage of the gross rooms revenue of the franchised hotels.
For a prospective Even Hotels franchisee, this number indicates the scale of the franchisor's revenue generation from its franchise system. It reflects the overall health and activity level of the Even Hotels franchise network. The fee business revenue is a key indicator of the franchisor's financial stability and its ability to support its franchisees.
It is important to note that this figure does not represent the revenue of individual Even Hotels franchisees. Rather, it is the revenue collected by the franchisor from all franchisees within the system. Franchisees should focus on their own potential revenue and expenses when evaluating the opportunity, as outlined in other sections of the FDD such as Item 19, which provides financial performance representations.