What was the total revenue for Even Hotels' other sources in 2024 (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 ending December 31, 2024, was $339,236,000. This falls under the "Other" revenue category, as distinct from fee business, hotel operations, and system fund/reimbursable revenues. This figure is part of the overall revenue picture for Even Hotels and its parent company.
For a prospective franchisee, understanding the composition of Even Hotels' revenue streams is crucial. The "Other" category may include various sources such as vendor contributions, data sales, or other miscellaneous income not directly tied to franchise fees or hotel operations. Knowing the stability and predictability of this revenue stream can provide insights into the overall financial health of the franchisor.
It's also worth noting the trend in this revenue category. In 2024, the "Other" revenue was $339,236,000, compared to $304,264,000 in 2023 and $264,377,000 in 2022. This indicates a growing contribution from these "Other" sources, which could be a positive sign of diversification and innovation within the Even Hotels system. A potential franchisee might want to inquire about the specific components of this "Other" revenue to assess its sustainability and potential impact on the franchise system.
In summary, the $339,236,000 in "Other" revenue for 2024 represents a notable portion of Even Hotels' income. Franchisees should investigate the nature of these revenue streams to fully understand the financial dynamics of the Even Hotels franchise system.