How many Best Western outlets were transferred in Minnesota during 2022?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Minnesota | 2022 | 2 |
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 2 transfers of Best Western outlets in Minnesota during 2022. This information is based on data compiled by Best Western regarding transfers of ownership, which excludes transfers back to the licensor.
This data point is relevant for prospective franchisees as it provides insight into the stability and desirability of existing Best Western locations. A higher number of transfers might indicate a more active market for buying and selling franchises, while a lower number could suggest franchisees are holding onto their locations for longer periods.
It is important to note that this transfer data only reflects changes in ownership and does not necessarily indicate the financial health or performance of the individual Best Western hotels. Further due diligence would be required to assess the reasons behind any specific transfer.