How many Embassy Suites franchise agreements have been signed in Florida, but the hotels have not yet opened?

According to Embassy Suites' 2025 Franchise Disclosure Document, as of the end of the fiscal year, there were 8 franchise agreements signed in Florida for hotels that had not yet opened. This indicates that there is some development activity planned for the Embassy Suites brand in Florida.

For a prospective franchisee, this information is useful for understanding the current growth and planned expansion of the Embassy Suites brand in a specific state. Knowing the number of signed agreements that have not yet resulted in operational hotels can provide insight into the brand's momentum and potential market saturation in the future. It also highlights that there may be existing franchisees in the area who are in the development phase.

It is important to note that the table also shows the projected new franchised hotels in the next fiscal year. For Florida, the projected number is 0. This could mean that while there are signed agreements, the openings may be scheduled beyond the next fiscal year, or there might be delays in the development process. A potential franchisee should investigate the reasons behind the difference between signed agreements and projected openings to assess the risk and timeline associated with opening a new Embassy Suites location in Florida.

Overall, the data suggests that while there is interest in expanding the Embassy Suites brand in Florida, prospective franchisees should conduct thorough due diligence to understand the specific timelines and challenges associated with these pending hotel openings. This includes inquiring about the locations of these planned hotels and assessing the potential impact on their own future business.