How many franchised Embassy Suites hotels were transferred to new owners in Minnesota during 2024?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| California | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Colorado | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Florida | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Georgia | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Illinois | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Louisiana | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Michigan | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| New York | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Ohio | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| Oklahoma | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 92–97)
What This Means (2025 FDD)
According to Embassy Suites's 2025 Franchise Disclosure Document, there was one transfer of a franchised Embassy Suites hotel to a new owner in Minnesota during 2024. This information is based on the table detailing transfers of franchised hotels to new owners, excluding transfers back to the franchisor. The table provides a state-by-state breakdown of these transfers for the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates the rate at which existing Embassy Suites locations are being sold to new owners. A low number of transfers could suggest stability within the franchise system, while a higher number might warrant further investigation into the reasons behind these sales. It is important to note that this data does not specify the reasons for the transfers, which could range from retirement to financial difficulties.
It is also worth noting that the table specifically excludes transfers back to the franchisor, which provides a clearer picture of independent ownership changes. This information is valuable for understanding the dynamics of the Embassy Suites franchise network and the potential for resale opportunities. Prospective franchisees should consider this data in conjunction with other factors, such as the overall performance of Embassy Suites hotels and the terms of the franchise agreement regarding transfers.