What is the difference in the total number of Baymont Inn Suites franchise transfers between 2022 and 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Total | 2022 | 48 |
| 2023 | 28 | |
| 2024 | 28 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION1 (FDD pages 88–96)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, there was a decrease in the total number of franchise transfers between 2022 and 2023. In 2022, there were a total of 48 franchise transfers, while in 2023, the total decreased to 28 transfers. This represents a difference of 20 fewer franchise transfers in 2023 compared to the previous year.
For a prospective franchisee, this data point can be interpreted in several ways. A high number of transfers could indicate instability within the franchise system, potentially due to franchisees struggling with profitability or operational issues. Conversely, a lower number of transfers might suggest greater stability and satisfaction among franchisees. However, it is important to consider the context. A decrease in transfers could also be due to fewer opportunities for transfer or changes in the franchisor's policies regarding transfers.
It is also worth noting that the number of transfers can be influenced by various factors, including economic conditions, local market dynamics, and the overall health of the real estate market. Prospective franchisees should investigate the reasons behind the transfer numbers and trends, and also compare Baymont Inn Suites's transfer rates to those of other franchises in the hospitality industry to get a better understanding of the brand's performance and franchisee satisfaction. This information, combined with conversations with current and former franchisees, can provide a more comprehensive picture of the franchise opportunity.