What was the net value of accounts receivable for Springhill Suites By Marriott in 2023?

According to Springhill Suites By Marriott's 2025 Franchise Disclosure Document, the net value of due from related parties for the year ended December 31, 2023, was $376,990. This figure represents the net balance of transactions with related party entities, meaning the amounts receivable from those entities, minus any amounts payable to them, resulting from transactions with original maturities greater than one year. These transactions occur between subsidiaries of Marriott.

For a prospective franchisee, this indicates the scale of financial interactions Springhill Suites By Marriott has with its related entities. It is important to note that these transactions are classified as non-current, meaning they have original maturities greater than one year. The presentation of these balances on a net basis suggests that Springhill Suites By Marriott engages in regular transactions with its related parties, resulting in both receivables and payables.

Understanding the nature and volume of related-party transactions can provide insight into the financial structure and operational dependencies within the Marriott organization. While this specific figure may not directly impact the day-to-day operations of a franchised Springhill Suites By Marriott location, it offers a glimpse into the broader financial ecosystem in which the franchise operates. A franchisee may want to inquire about how these related-party transactions could indirectly affect their franchise, particularly in areas such as shared services or access to resources.