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What was the total number of Crowne Plaza franchised hotels at the beginning of 2024?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (Unaudited) | |||
| Franchised hotels at beginning of year | 3,974 | 3,926 | 3,861 |
| New franchises | 126 | 87 | 93 |
| Franchises removed | (54) | (39) | (28) |
| Franchised hotels at end of year | 4,046 | 3,974 | 3,926 |
Source: Item 23 — Receipts (FDD pages 100–424)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, there were 3,974 franchised hotels at the beginning of 2024. The FDD also provides figures for the number of new franchises added and franchises removed during the year.
The document indicates that 126 new Crowne Plaza franchises were added in 2024, while 54 franchises were removed. This information can be useful for prospective franchisees to understand the growth and attrition rate of the franchise system.
At the end of 2024, Crowne Plaza had a total of 4,046 franchised hotels. This reflects the net change from new franchises added and franchises removed during the year, providing a snapshot of the brand's overall expansion.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.