What was the net change in the number of franchised Americas Best Value Inn outlets during 2024?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised3 | 2022 | 266 | 267 | +1 |
| 2023 | 267 | 271 | +4 | |
| 2024 | 271 | 283 | +12 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 64–70)
What This Means (2025 FDD)
According to Americas Best Value Inn's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 12. Specifically, the number of franchised outlets started the year at 271 and ended the year at 283. This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and stability over the past year.
The FDD also notes that 16 of the 38 franchises added in 2024 were Americas Best Value Inn-branded hotels that transitioned from VHGI's membership model to a franchise agreement. This detail indicates a strategic effort by the franchisor to convert existing properties into franchised locations, which could streamline the onboarding process for new franchisees in some cases.
It's important to note that these figures represent the net change, which accounts for both new openings and closures or terminations. Prospective franchisees should also review Exhibit I of the FDD, which lists franchisees who have left the system, to gain a more comprehensive understanding of franchisee turnover and the reasons behind it. Understanding both the growth and attrition rates can provide a more balanced view of the franchise's performance and potential risks.