How many Baymont Inn Suites outlets were opened in Texas during 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
As of December 31 of each year. States not listed had no activity to report.
Table No. 3 Status of Franchised Outlets For Years 2022 to 2024* (U.S. Only)
| 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 | 9 | 1 | 0 | 0 | 0 | 0 | 10 | |
| AL | 2023 | 10 | 2 | 0 | 0 | 0 | 0 | 12 |
| 2024 | 12 | 1 | 0 | 0 | 0 | 0 |
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 were 6 outlets opened in Texas during 2023. The table shows that at the start of 2023, there were 46 Baymont Inn Suites locations in Texas. During 2023, 6 new outlets were opened, while 2 ceased operations for other reasons. This resulted in a total of 50 Baymont Inn Suites locations in Texas at the end of 2023.
For a prospective franchisee, this data indicates the level of growth and change within the Baymont Inn Suites franchise system in Texas. It's important to note not only the number of new openings but also the number of closures, as this can provide a more comprehensive picture of the brand's performance and stability in the region. The fact that there were more openings than closures suggests a net positive growth for Baymont Inn Suites in Texas during that year.
When evaluating this information, a potential franchisee should consider the factors that may have contributed to the openings and closures, such as local market conditions, competition, and the overall economic climate. Further research into the specific reasons for closures could provide valuable insights into potential challenges and opportunities within the Texas market. Understanding these dynamics is crucial for making an informed investment decision.
It is also worth noting that while 6 new Baymont Inn Suites opened in Texas during 2023, 2 existing locations ceased operations for other reasons. This could include factors such as lease expirations, underperformance, or strategic decisions by the franchisees or the franchisor. Investigating the reasons behind these closures can provide a more nuanced understanding of the risks and opportunities associated with operating a Baymont Inn Suites franchise in Texas.