How many Embassy Suites franchises in Texas were transferred in 2023?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 3 |
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 an Embassy Suites franchise in the state of Texas during the year 2023. This information is based on the table summarizing transfers of franchised hotels to new owners, excluding transfers involving the franchisor itself.
Franchise transfers occur when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. Monitoring the number of transfers can provide insight into the stability and desirability of owning an Embassy Suites franchise. A low number of transfers could indicate franchisee satisfaction, while a high number might suggest challenges within the system.
Prospective franchisees should consider the transfer history in their target market as part of their due diligence. Investigating the reasons behind any transfers, such as retirement, financial difficulties, or strategic realignments, can offer valuable context. This information, combined with other performance metrics, can help assess the overall health and attractiveness of an Embassy Suites franchise in a specific region.