What was the total number of Crowne Plaza franchise transfers across all states in 2022?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| | | 2023 | 87 | 85 | -2 | | | 2024 | 85 | 83 | -2 |
Table No. 2 Transfers of Licensed Outlets to New Owners (Other than Holiday) For Years 2022 to 2024
| 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 |
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, the total number of franchise transfers across all listed states in 2022 was 2. This number is derived from the sum of transfers in specific states, as detailed in Item 20. The states listed with transfer data include South Carolina, Texas, Florida, and Ohio.
Specifically, South Carolina had 0 transfers, Texas had 1 transfer, Florida had 0 transfers, and Ohio had 1 transfer in 2022. The document provides a breakdown of transfers by state and year, allowing prospective franchisees to understand the rate at which existing franchises change hands. This information can be useful in assessing the stability and desirability of Crowne Plaza franchises in different locations.
It's important to note that the provided data may not encompass all states where Crowne Plaza franchises operate. The FDD excerpt only includes transfer data for a limited number of states. A prospective franchisee should consult the full FDD or contact Crowne Plaza directly to obtain a comprehensive overview of franchise transfers across all states for a complete understanding.