What was the number of Best Western outlet transfers in Michigan during 2024?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Michigan | 2022 | 1 |
| 2023 | 3 | |
| 2024 | 0 |
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 zero outlet transfers in Michigan during 2024. This information is based on data compiled by Best Western regarding transfers of existing locations to new owners.
The FDD provides a table that summarizes the number of transfers of Best Western outlets from members to new owners, excluding transfers to the licensor. This table includes data for the years 2022, 2023, and 2024, broken down by state. For Michigan, the data shows the number of transfers was one in 2022, three in 2023, and zero in 2024.
For a prospective franchisee, a low number of transfers could indicate stability within the Best Western franchise system in Michigan. However, it is important to investigate the reasons behind any transfers that do occur, as they could be due to underperformance, franchisee dissatisfaction, or other issues. Reviewing transfer trends over multiple years can provide a more comprehensive understanding of the market dynamics within specific regions.