What was the total financial result for Sonesta Select Sonesta Essential as of December 31, 2024?

According to the 2025 FDD, the consolidated statement of comprehensive income (loss) shows that the total for 2024 is a loss of $2,776 (in thousands). This is in contrast to 2023, which had a gain of $1,581 (in thousands). These figures represent the overall financial performance of Red Lion Hotels Corporation, the parent company of Sonesta Select Sonesta Essential, and its subsidiaries.

It is important to note that these figures reflect the consolidated performance of the entire Red Lion Hotels Corporation, not just the Sonesta Select Sonesta Essential brand. As such, it provides a broad overview of the company's financial health but may not directly reflect the performance of individual franchise locations. A prospective franchisee should request more specific financial data related to the Sonesta Select Sonesta Essential brand to gain a clearer understanding of its potential profitability.

Furthermore, the FDD includes audited consolidated financial statements of Red Lion Hotels Corporation and its subsidiaries, including consolidated balance sheets as of December 31, 2024, and December 31, 2023, and the related consolidated statements of comprehensive income (loss), shareholders' equity, and cash flows for each of the three years in the period ended December 31, 2024. These statements are crucial for potential franchisees to review as they offer a detailed look into the financial stability and performance of the parent company. Understanding these statements can help franchisees assess the risks and opportunities associated with investing in a Sonesta Select Sonesta Essential franchise.