table_specific

How many Baymont Inn Suites outlets ceased operations for other reasons in Mississippi during 2023?

Baymont_Inn_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Outlets at Start of Year Outlets Opened Termina tions Non Renewals Reacquired by Franchisor Ceased Operations Other Reasons Outlets at End of the Year
2022 10 0 0 0 0 1 9
MS 2023 9 0 0 0 0 2 7
2024 7 2 0 0 0 0 9

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, in Mississippi, 2 outlets ceased operations for "other reasons" during 2023. At the start of 2023, there were 9 Baymont Inn Suites locations in Mississippi. After 2 ceased operations for other reasons, the year ended with 7 locations in the state.

'Ceased operations for other reasons' typically refers to closures that are not due to termination, non-renewal, or reacquisition by the franchisor. These 'other reasons' could include factors like the location becoming unprofitable, failure to meet brand standards, or other unforeseen circumstances that lead to the closure of the outlet.

For a prospective franchisee, this data highlights the importance of thoroughly researching the market conditions and potential risks associated with operating a Baymont Inn Suites location in Mississippi. Understanding the reasons behind these closures can provide valuable insights into the challenges and opportunities within the state.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.