What was the total revenue for Even Hotels' hotel operations in 2023 (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 hotel operations for the year 2023 (revised) was $88,417 thousand. This figure represents the revenue generated directly from the operation of Even Hotels-branded hotels.
For a prospective franchisee, this number provides insight into the revenue-generating capacity of the hotel operations specifically, separate from other revenue streams like fee business or system fund contributions. It demonstrates the brand's performance in hotel operations and can be used to assess the potential profitability of an Even Hotels franchise.
It's important to note that this figure is 'revised,' indicating that the initial reporting may have been adjusted. Franchisees should inquire about the reasons for any revisions to understand the accuracy and reliability of the financial data. Understanding the different revenue streams and their performance is crucial for making an informed investment decision.