How many Embassy Suites By Hilton hotels were operating in Illinois at the end of 2023?
Embassy_Suites_By_Hilton 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 91–97)
What This Means (2025 FDD)
According to Embassy Suites By Hilton's 2025 Franchise Disclosure Document, there were 9 hotels operating in Illinois at the end of 2023. The provided table in Item 20 outlines the changes in the number of hotels over the years. In 2023, there were 9 hotels at the start of the year, no hotels opened, and no hotels closed, resulting in 9 hotels at the end of the year.
This information is crucial for potential franchisees as it provides insight into the existing market presence of Embassy Suites By Hilton in Illinois. A stable number of hotels, as seen in Illinois, could indicate a well-established market. However, the absence of new openings in 2023 might suggest limited growth opportunities or strategic decisions by the franchisor.
Prospective franchisees should further investigate the occupancy rates, revenue trends, and competitive landscape in Illinois to assess the market's potential. Understanding why no new hotels opened in 2023, despite a stable existing presence, is essential for making an informed investment decision. This data helps in evaluating the growth prospects and potential challenges in the Illinois market.