How many licensed Crowne Plaza outlets were operating at the start of 2022?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Licensed | 2022 | 88 | 87 | -1 |
| 2023 | 87 | 85 | -2 | |
| 2024 | 85 | 83 | -2 | |
| Company | 2022 | 0 | 0 | 0 |
| Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 88 | 87 | -1 |
| 2023 | 87 | 85 | -2 | |
| 2024 | 85 | 83 | -2 |
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 were 88 licensed Crowne Plaza outlets at the start of 2022. By the end of 2022, this number decreased by one, resulting in 87 licensed outlets. This information is part of a table that tracks the status of licensed outlets from 2022 to 2024.
For a prospective franchisee, this data indicates a slight contraction in the number of licensed Crowne Plaza locations. While not a drastic change, it could prompt further investigation into the reasons behind the net decrease. Understanding the factors contributing to this change, such as terminations or non-renewals, can provide valuable insights into the health and stability of the Crowne Plaza franchise system.
It's important to note that this data reflects the overall trend in licensed outlets and doesn't necessarily indicate the performance or potential of individual franchise locations. A prospective franchisee should also consider factors such as location, market conditions, and the franchisor's support system when evaluating the opportunity. Further research into the specific reasons for outlet changes, as detailed in Exhibit E-2, would be beneficial.
While the provided data gives a general overview, a potential franchisee should engage in thorough due diligence, including speaking with current and former franchisees, to gain a comprehensive understanding of the Crowne Plaza franchise system and its potential for success.