How many Atwell Suites license agreements have been signed in Texas, but the outlet has not yet opened?

According to Atwell Suites' 2025 Franchise Disclosure Document, as of December 31, 2024, there were 14 license agreements signed in Texas for Atwell Suites hotels that had not yet opened. This indicates a pipeline of future Atwell Suites locations in Texas that are in development but not yet operational.

For a prospective franchisee, this information is relevant for several reasons. First, it provides insight into the brand's growth and expansion strategy, particularly within the Texas market. A high number of signed agreements but unopened locations could suggest strong interest in the Atwell Suites franchise, but it could also indicate potential challenges in opening new hotels, such as construction delays or financing issues. It is important to note that the FDD also projects one new licensed outlet in Texas in the next fiscal year.

Furthermore, understanding the number of unopened locations can help a franchisee assess the level of competition they might face in the future. While these locations are not yet operational, they represent potential competitors that could impact market share and profitability once they open. Therefore, a prospective franchisee should investigate the reasons behind the number of unopened locations and consider the potential impact on their own business plans. Speaking with existing franchisees in Texas could provide valuable insights into the local market conditions and any challenges they may have faced in opening their Atwell Suites locations.