What was the income (loss) before income taxes for Sonesta Select Sonesta Essential in 2023 (in thousands)?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, the income (loss) before income tax expense for the year ended December 31, 2023, was $1,581 (in thousands). This figure is derived from the consolidated statements of comprehensive income (loss). It represents the company's earnings before accounting for income tax expenses.

For a prospective franchisee, this number provides insight into the overall profitability of Sonesta Select Sonesta Essential's operations before taxes. It's a key indicator of financial performance that can be compared against previous years and industry benchmarks to assess the brand's financial health and stability. Understanding this figure helps potential franchisees evaluate the potential return on investment and the financial risks associated with the franchise.

It's important to note that this income (loss) figure is before income taxes. The actual net income or loss will depend on the applicable tax expenses, which are listed separately in the financial statements. Franchisees should also consider other factors, such as revenue trends, operating costs, and any one-time gains or losses, to get a comprehensive view of the company's financial performance.