What were the total hotel franchising net revenues for Baymont Inn Suites in 2023?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31, | ||||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||
| (a) | ||||||
| Hotel Franchising | ||||||
| Royalties and franchise fees | $ 555 | $ 532 | $ 496 | |||
| Marketing and reservation fees | 467 | 487 | 457 | |||
| Loyalty revenue | 96 | 91 | 86 | |||
| Management and other fees | 10 | 14 | — | |||
| License and other fees | 119 | 112 | 100 | |||
| Cost reimbursements | 4 | 13 | — | |||
| (b) | 157 | 148 | 138 | |||
| Other | ||||||
| Total Hotel Franchising | 1,408 | 1,397 | 1,277 | |||
| Hotel Management | ||||||
| Royalties and franchise fees | n/a | n/a | 16 | |||
| Marketing, reservation and loyalty | n/a | n/a | 1 | |||
| Owned hotel revenues | n/a | n/a | 42 | |||
| Management fees | n/a | n/a | 15 | |||
| Cost reimbursements | n/a | n/a | 144 | |||
| Other | n/a | n/a | 3 | |||
| Total Hotel Management | n/a | n/a | 221 | |||
| Net revenues | $ 1,408 $ | 1,397 $ | 1,498 |
Source: Item 23 — RECEIPTS (FDD pages 97–443)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the total hotel franchising net revenues for the year ending December 31, 2023, were $1,397. This figure encompasses various revenue streams associated with hotel franchising, including royalties and franchise fees, marketing and reservation fees, loyalty revenue, management and other fees, license and other fees, and cost reimbursements. These revenues reflect the income Baymont Inn Suites receives from its franchisees for the rights to operate under the Baymont Inn Suites brand and utilize its associated systems and support services.
For a prospective franchisee, this number indicates the overall financial health and revenue generation capability of Baymont Inn Suites's franchising system. A higher total revenue generally suggests a strong and well-performing franchise network. It is important to note that this revenue does not represent the profits of individual franchisees but rather the income of the franchisor, Baymont Franchise Systems, Inc., from its franchising operations.
Understanding the components of this revenue, such as royalties, marketing fees, and reservation fees, can provide insights into the different ways Baymont Inn Suites generates income and how these fees might impact a franchisee's operational costs and obligations. Additionally, the FDD provides revenue figures for 2024 and 2022, allowing potential franchisees to assess revenue trends and growth patterns over recent years.