How many Best Western franchise transfers occurred in Mississippi during 2022?

According to Best Western's 2025 Franchise Disclosure Document, there were 3 franchise transfers in Mississippi during 2022. This information is based on the table titled "Transfers of Outlets from Members to New Owners (other than the Licensor) For years 2022 to 2024" within Item 20 of the FDD. This data reflects changes in ownership among existing Best Western locations, not the opening of new franchises. Franchise transfers can occur for various reasons, such as the current franchisee deciding to sell their business, retire, or pursue other opportunities.

For a prospective Best Western franchisee, understanding the number of transfers can provide insights into the stability and desirability of owning a franchise in a specific area. A high number of transfers might indicate challenges within the market or with the specific locations, while a low number could suggest franchisee satisfaction and stability. However, it is important to consider the reasons behind the transfers, which are not detailed in this table.

It is also important to note that this table only reflects transfers to new owners other than Best Western itself. The table does not include instances where Best Western may have reacquired a location. Reviewing transfer rates alongside data on terminations, non-renewals, and other reasons for ceased operations can provide a more comprehensive understanding of franchise activity within the Best Western system. Prospective franchisees should discuss these trends with Best Western to gain further clarity on the factors influencing franchise transfers and overall performance.