In which state were there Crowne Plaza licensed outlet transfers in 2024?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| New Jersey | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Ohio | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
| State | Year | Number of Transfers |
|---|---|---|
| South Carolina | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 2 |
| 2023 | 3 | |
| 2024 | 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 licensed outlet transfers to new owners in Florida, New Jersey, and South Carolina during 2024. Specifically, there was one transfer in Florida, one in New Jersey, and one in South Carolina.
This information is crucial for prospective franchisees as it provides insight into the stability and turnover of Crowne Plaza franchises. A high number of transfers could indicate issues with profitability or franchisee satisfaction, while a low number might suggest a stable and successful franchise system.
It is important to note that this data only reflects transfers to new owners and does not include re acquisitions by Holiday. Reviewing this transfer data in conjunction with other performance metrics and speaking with current and former franchisees can provide a more comprehensive understanding of the Crowne Plaza franchise system.