What were the total revenues for Surestay Hotel By Best Western in 2023?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
ed as revenue when cash is received regardless of the term of the contract.
Affiliation fee revenues from Best Western branded hotels are fixed consideration payable upon approval of the Member or licensee by the Board of Directors and acceptance of membership or license terms by the property owner. These revenues are recognized on a straight-line basis over the hotelier's expected life as a Best Western branded hotel or over the initial contract term. SureStay franchisee initial fees are due upon execution of a franchise agreement and recognized over the initial term of the franchise agreement. WorldHotels hotel integration fees are recognized on a straight-line basis over the expected life as a WorldHotels branded hotel. Affiliation fee revenues were $8.8 million and $9.8 million for the years ended November 30, 2024 and 2023
Source: Item 23 — Receipts (FDD pages 88–286)
What This Means (2025 FDD)
According to Surestay Hotel By Best Western's 2025 Franchise Disclosure Document, affiliation fee revenues for Best Western were $9.8 million for the year ending November 30, 2023. This revenue is generated from fees paid by Best Western branded hotels.
Surestay Hotel By Best Western franchisees should note that this figure represents only affiliation fee revenues and not the total revenue of the Surestay Hotel By Best Western system. Affiliation fees are recognized on a straight-line basis over the hotelier's expected life as a Best Western branded hotel or over the initial contract term.
Furthermore, the document indicates that other revenues, including international fees and owned hotel operations revenues, were also generated. International fees amounted to $23.0 million for the year ended November 30, 2023, while owned hotel operations revenues were $9.5 million for the same period. These revenues are recognized in the month the services are provided. These figures provide additional insight into the revenue streams of Best Western International, Inc., the parent company of Surestay Hotel By Best Western.