What are the specific components included in the 'Account general trabilities' for Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
899 | $ 255 | $ 87,652 | $ (9,676) | $ 78,231 |
RED LION HOTELS CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in thousands)
| Tolking from printing activities: Net income (loss) ( 20, 10) $ 1, 107 $ ( 3, 10) Adjustments to reconcile net loss to cash provided by (used in) operating activities: $ 1, 100 $ 3, 30 Propreciation and amoritation 1,514 3, 60 3, 70 Amoritation of key money and contract costs 1,514 3, 60 7 Amoritation of contract liabilities 1,912 1,912 1,912 Peberferd income taxes 1,912 1,912 1,912 Other for (expense), net 1,912 1,912 1,912 Designion sale of hotel 1,913 4,912 1,912 Account general trabilities 1,913 4,912 1,912 Accounting term assets and liabilities 1,914 4,912 1,912 Accounting term assets and propriate passes and other current assets 1,914 4,912 4,912 Accounting term assets and liabilit
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
I am unable to provide a detailed list of the specific components included in the 'Account general trabilities' for Sonesta Simply Suites using the provided 2025 FDD excerpts. While the phrase 'Account general trabilities' is mentioned in a table, the table's formatting is inconsistent and does not clearly delineate the components of this account. The table appears within Item 21, which covers the financial statements of Red Lion Hotels Corporation (RLHC), the parent company of Sonesta Simply Suites.
Given the lack of clarity in the provided excerpts, a prospective Sonesta Simply Suites franchisee should directly request a detailed breakdown of what 'Account general trabilities' encompasses from the franchisor. Understanding the items included in this account is crucial for assessing the financial health and reporting practices of the franchise system.
Specifically, the franchisee should inquire about the nature of the expenses and liabilities included, how these are calculated, and how they might impact the franchisee's own financial reporting and obligations. This information will help in making an informed decision about investing in a Sonesta Simply Suites franchise.