In what year did the number of licensed Crowne Plaza outlets decrease by the largest amount?
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, the year with the largest decrease in licensed outlets was a tie between 2023 and 2024.
Specifically, the number of licensed Crowne Plaza outlets decreased by two in both 2023 and 2024. In 2022, the number of licensed outlets decreased by one.
This information is crucial for potential franchisees as it provides insight into the recent trends in the number of licensed Crowne Plaza locations. A decrease in the number of outlets could indicate various factors, such as closures, non-renewals, or a change in the company's growth strategy. It is important to note that this table only reflects the status of licensed outlets and does not include company-owned outlets.