How many Crowne Plaza licensed outlets were operating in Alaska at the start of 2023?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Licensor | Ceased Operations Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Alaska | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 95–99)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, there was one licensed outlet operating in Alaska at the start of 2023. The provided table in Item 20 outlines the number of outlets at the start of each year, as well as any changes throughout the year.
For a prospective franchisee, this indicates the existing market presence of Crowne Plaza in Alaska. With only one outlet, there may be opportunities for growth, but also a need to carefully assess the market demand and competitive landscape. It's important to note that this figure represents the number of licensed outlets and does not include any company-owned or managed properties that may exist in the state.
It is important for potential franchisees to conduct thorough market research to determine if there is sufficient demand to support a new Crowne Plaza location. Speaking with the existing franchisee in Alaska, if possible, could provide valuable insights into the local market conditions and challenges. Additionally, understanding Crowne Plaza's strategic plans for expansion in the region would be beneficial in making an informed investment decision.