How many Best Western franchises were operating in Indiana at the end of 2024?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | | 2023 | 0 | | | 2024 | 2 | | West Virginia | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Wisconsin | 2022 | 8 | | | 2023 | 3 | | | 2024 | 4 | | Wyoming | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Totals | 2022 | 131 | | | 2023 | 80 | | | 2024 | 93 | Table 3 Status of Licensed Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Terminations | Col. 6 Non- Renewals | Col. 7 Reacquired By Licensor | Col. 8 Ceased Operations - Other Reasons | Col.
Source: Item 20 — Outlets and Franchisee Information (FDD pages 93–107)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, there were 32 Best Western franchises operating in Indiana at the end of 2024. At the start of 2024, there were 34 Best Western franchises. During 2024, no new Best Western locations opened in Indiana, one was terminated, and one was non-renewed, resulting in the net decrease to 32 operating franchises by year's end.
For a prospective franchisee, this data indicates the recent trend in the number of Best Western locations in Indiana. While no new locations opened, the closures due to termination and non-renewal suggest potential challenges or market saturation in the area. A franchisee should investigate the reasons for these closures to assess the risks and opportunities in the Indiana market.
It's important to note that these figures reflect only the changes in the number of Best Western franchises and do not account for independent hotels that may have joined the Best Western brand or hotels that may have changed ownership without affecting the franchise agreement. Further due diligence, including market research and discussions with existing franchisees, is recommended to gain a comprehensive understanding of the Best Western presence and performance in Indiana.