For Sonesta Select Sonesta Essential, what years is the company subject to audit for income taxes?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, the company is subject to audit for income taxes for the years ending December 31, 2024, December 31, 2023, and December 31, 2022. This means that the company's tax filings for these years are open to review and verification by tax authorities.

For a prospective franchisee, this information is relevant because it provides insight into the company's financial oversight and compliance with tax regulations. Regular audits can help ensure the accuracy and reliability of financial reporting, which is crucial for making informed investment decisions. Knowing that Sonesta Select Sonesta Essential is subject to these audits can give franchisees confidence in the financial information provided by the company.

It is important to note that being subject to an audit does not necessarily indicate any wrongdoing or financial instability. It simply means that the company's tax filings are being reviewed as part of the normal course of business. However, franchisees may want to inquire about the outcomes of these audits to gain a better understanding of the company's financial health and tax compliance history.