How many Embassy Suites hotels were operating in Oklahoma at the end of 2023?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
24 | 0 | | Wisconsin | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Puerto Rico | 2022 | 1 | | | 2023 | 0 | | | 2024 | 1 | | Total | 2022 | 9 | | | 2023 | 5 | | | 2024 | 14 | Table No. 3 Status of Franchised Hotels For Years 2022 to 2024
| 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 |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 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 were 5 Embassy Suites hotels operating in Oklahoma at the end of 2023. The provided table in Item 20 of the FDD details the changes in the number of hotels across various states over the years 2022, 2023, and 2024. For Oklahoma, the table shows that there were 5 hotels at the start of 2023, with no hotels opened, terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons during that year. Therefore, the number of Embassy Suites hotels in Oklahoma remained constant at 5 at the end of 2023.
This information is crucial for potential franchisees as it provides insight into the stability and growth (or lack thereof) of the Embassy Suites brand in specific geographic locations. A consistent number of hotels, as seen in Oklahoma, could indicate a stable market presence. However, it could also suggest a lack of expansion opportunities in that particular state.
Prospective franchisees should further investigate the market dynamics in Oklahoma to understand the reasons behind the lack of change in hotel numbers. This could involve analyzing market saturation, demand for hotel services, and competitive landscape to assess the potential for future growth and profitability.