table_specific

What is the total revenue for Even Hotels' hotel operations in 2022 (in thousands)?

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 from hotel operations for the year ended December 31, 2022, was $78,787,000. This figure represents the revenue generated directly from the operation of hotels, including sources such as room rentals, food and beverage sales, and other guest services.

For a prospective Even Hotels franchisee, this indicates the scale of revenue that the hotel operations segment of the business generates. It's important to note that this figure is part of the overall revenue picture, which also includes fee business, other revenue streams, and system fund and reimbursable revenues. Understanding the different revenue streams and their relative contributions can help a franchisee assess the financial health and stability of the Even Hotels brand.

It is also important to consider that the $78,787,000 figure is a revised number, as indicated in the provided table. Revisions to financial figures are not uncommon, but a potential franchisee should inquire about the reasons for the revision to fully understand the financial data. Additionally, this revenue figure does not represent the profit a franchisee might expect, as it does not account for operating expenses or other financial factors such as interest and taxes.

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.