What is the total revenue for Even Hotels' other sources in 2023 (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 2023 was $304,264,000. This falls under the 'Other' revenue category as reported in the Item 23 receipts.
For a prospective franchisee, this figure represents revenue generated outside of typical fee business and hotel operations. These 'other' revenues could include various sources such as ancillary services, partnerships, or other ventures that contribute to the overall financial performance of Even Hotels.
Understanding the composition of this 'Other' revenue category is important for potential franchisees as it can provide insights into the diverse income streams that support the Even Hotels brand. It also highlights the potential for franchisees to explore similar avenues for revenue generation within their own operations. Franchisees should inquire with Even Hotels about the specific components of this 'Other' revenue to better understand its stability and potential for growth.