factual

What is the ending date for the period covered by the financial statements for Springhill Suites By Marriott?

Springhill_Suites_By_Marriott Franchise · 2025 FDD

Answer from 2025 FDD Document

The Company has evaluated subsequent events for recognition and disclosure through March 26, 2025, the date of these financial statements and determined there were no recognized or unrecognized events that would require an adjustment or additional disclosure as of December 31, 2024.

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 137–138)

What This Means (2025 FDD)

According to the 2025 Springhill Suites By Marriott FDD, the company evaluated subsequent events for recognition and disclosure through March 26, 2025, which is the date of the financial statements. The financial statements determined that there were no recognized or unrecognized events that would require an adjustment or additional disclosure as of December 31, 2024.

This means that the financial statements included in the FDD provide a snapshot of the company's financial position as of December 31, 2024, and any significant events that occurred after that date but before March 26, 2025, were also considered and disclosed if necessary. Prospective franchisees can rely on these financial statements to get an understanding of the company's recent financial performance.

It is important for potential franchisees to carefully review the financial statements and notes to understand the company's financial health and any potential risks or liabilities. The subsequent events note provides additional assurance that the financial statements are up-to-date and reflect any material changes that may have occurred after the balance sheet date.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.