How many Crowne Plaza outlets in Minnesota were terminated in 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 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 no terminations of Crowne Plaza outlets in Minnesota during 2022. The FDD indicates that at the start of 2022, there were two outlets in Minnesota. Throughout 2022, there were no new outlets opened, and no terminations occurred. The number of outlets remained constant, with two outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing Crowne Plaza locations. A lack of terminations can be seen as a positive indicator, suggesting that franchisees in Minnesota are generally successful and satisfied with their investment.
However, it is important to consider this data in conjunction with other factors, such as revenue trends, market conditions, and the overall performance of the Crowne Plaza brand. Prospective franchisees should also investigate the reasons behind any terminations in other states to gain a comprehensive understanding of the risks and opportunities associated with investing in a Crowne Plaza franchise.