How many Embassy Suites hotels opened in Illinois during 2023?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Hotels at Start of Year | Hotels Opened | Termin ations | Non Renewal s | Reacquired by Franchisor | Ceased Operation s- Other Reasons | Hotels at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 9 | 0 | 0 | 0 | 0 | 0 | 9 |
| 2023 | 9 | 0 | 0 | 0 | 0 | 0 | 9 | |
| 2024 | 9 | 0 | 0 | 0 | 0 | 0 | 9 |
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 were no new Embassy Suites hotels opened in Illinois during 2023. The FDD indicates that the number of hotels in Illinois remained constant at 9 from the start to the end of 2023. This suggests that the Embassy Suites brand did not expand its presence in Illinois during that year.
For a prospective franchisee, this information is crucial for understanding the brand's growth trajectory and market saturation in specific regions. The absence of new openings in Illinois during 2023 could indicate a saturated market, a strategic decision by the franchisor to focus on other areas, or challenges in finding suitable locations or franchisees in that state. It is important to note that while no new hotels opened, none closed either, suggesting a stable, if not growing, presence.
It would be beneficial for a potential franchisee to investigate the reasons behind the lack of expansion in Illinois. Understanding the market dynamics, competition, and franchisor's strategic plans for the region can help in making an informed investment decision. Further research into the performance of existing Embassy Suites hotels in Illinois could also provide valuable insights into the market's potential and the brand's acceptance among consumers.