How many franchised Embassy Suites hotels were transferred to new owners in Tennessee during 2024?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Oregon | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Tennessee | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Texas | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 3 | |
| Utah | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Wisconsin | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Puerto Rico | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 9 |
| 2023 | 5 | |
| 2024 | 14 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 92–97)
What This Means (2025 FDD)
According to Embassy Suites' 2025 Franchise Disclosure Document, there was one transfer of a franchised hotel to a new owner in Tennessee during 2024. This information is detailed in Table No. 2, which tracks such transfers from 2022 to 2024. For a prospective franchisee, this indicates the relative stability and desirability of existing Embassy Suites locations.
The transfer of a franchise to a new owner can occur for various reasons, such as the original franchisee deciding to retire, pursue other business ventures, or due to financial difficulties. The fact that there was one transfer in Tennessee during 2024 suggests that existing Embassy Suites franchises in that state are considered valuable enough to be sold to new owners. This can be a positive sign for potential franchisees, as it demonstrates that there is a market for existing Embassy Suites businesses.
It's important to note that the number of transfers can vary from year to year and from state to state. Factors such as local market conditions, the performance of individual hotels, and the overall economic climate can influence the number of franchise transfers. While one transfer in Tennessee during 2024 might seem low, it's essential to consider this figure in the context of the total number of Embassy Suites hotels in the state and the broader trends in the hospitality industry. Prospective franchisees should further investigate the reasons behind franchise transfers to gain a deeper understanding of the market dynamics.