What was the total revenue for Even Hotels' other sources in 2022 (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 ended December 31, 2022, was $264,377. This figure represents revenue generated outside of fee business and hotel operations, offering a glimpse into the diversity of Even Hotels' income streams. These other sources could include things like vendor rebates, or other miscellaneous income streams.
For a prospective franchisee, understanding the composition of this 'other' revenue category is crucial. It provides insight into potential revenue streams beyond the typical franchise model. While the FDD doesn't specify the exact nature of these 'other' revenues, it's a point worth exploring with the franchisor to assess potential opportunities or dependencies.
It's also important to note that the figures for 2023 and 2022 are marked as 'Revised,' suggesting possible adjustments or corrections to the initially reported revenues. This highlights the importance of due diligence and verifying the accuracy of financial information during the franchise research process. Franchisees should inquire about the reasons for these revisions to gain a clearer understanding of the financial performance and reporting practices of Even Hotels.