What was the total revenue for Even Hotels' other sources 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 other sources for the year 2022 (revised) was $264,377,000. This "other" revenue is part of the total revenues reported by Even Hotels, which also include revenue from fee business, hotel operations, and system fund and reimbursable revenues. Understanding the composition of Even Hotels' revenue streams can help prospective franchisees evaluate the financial stability and diverse income sources of the franchisor.
For a potential Even Hotels franchisee, this figure indicates the scale of revenue generated outside of typical franchise fees and hotel operations. This could include income from various partnerships, services, or other ventures undertaken by the parent company. Knowing the amount and sources of this "other" revenue can provide insight into the overall business strategy and potential opportunities or dependencies within the Even Hotels system.
It's important for prospective franchisees to investigate what specifically comprises this "other" revenue. Understanding its sources and stability can offer a more complete picture of the franchisor's financial health and business model. This information, combined with data on fee business and hotel operations, can help franchisees make informed decisions about their investment.