How many Baymont Inn Suites outlets were transferred in New York during 2024?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| NY | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 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 zero transfers of outlets in New York during 2024. The provided table, which covers franchise transfers from 2022 to 2024, lists the number of transfers by state.
For a prospective franchisee, this data indicates the recent history of ownership changes within the Baymont Inn Suites system. A high number of transfers could signal instability or difficulty in operating the franchise in a particular area, while a low number might suggest stable ownership.
It's important to note that the absence of transfers doesn't necessarily guarantee future stability. Prospective franchisees should also consider other factors, such as terminations, non-renewals, and overall financial performance, to get a comprehensive understanding of the franchise system's health. This information is available in other tables within Item 20 of the FDD.