How many Hawthorn Suites By Wyndham outlets opened in Maine during 2024?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| ME | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION5 (FDD pages 86–92)
What This Means (2025 FDD)
According to Hawthorn Suites By Wyndham's 2025 Franchise Disclosure Document, there was one outlet opened in Maine during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. This table includes information on the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is valuable in understanding the growth and stability of the Hawthorn Suites By Wyndham brand in specific locations. The data allows potential franchisees to assess market saturation, brand performance, and potential risks associated with opening a new franchise in a particular state. It is important to note that states not listed in the table had no activity to report, which could indicate limited market presence or potential for growth.
By reviewing this table, prospective franchisees can gain insights into the historical performance of Hawthorn Suites By Wyndham franchises in Maine and other states. This information, combined with other market research and due diligence, can help franchisees make informed decisions about where to invest and operate their franchise. It's also important to consider that past performance is not necessarily indicative of future results, and other factors such as local market conditions and competition should be taken into account.