How many Best Western outlets were transferred in Kentucky during 2024?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2024 | 3 | |
| Kentucky | 2022 | 3 |
| 2023 | 3 | |
| 2024 | 3 |
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 3 transfers of Best Western outlets in Kentucky during 2024. This information is based on data compiled by Best Western regarding transfers of outlets from members to new owners. This data does not include transfers to the licensor.
For a prospective franchisee, this indicates the level of ownership change within the Best Western system in Kentucky. A higher number of transfers could suggest a more active market for existing franchises, while a lower number might indicate more stability in ownership. It is important to note that transfers do not necessarily reflect the profitability or success of the locations.
Understanding the reasons behind these transfers would be a crucial part of due diligence for any potential Best Western franchisee. Speaking with both the franchisor and current/former franchisees in Kentucky could provide valuable insights into the local market dynamics and the factors driving ownership changes.