How many company-owned Sonesta Select Sonesta Essential outlets were opened in 2023?
Sonesta_Select_Sonesta_Essential Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–84)
What This Means (2025 FDD)
According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, in 2023, there were zero company-owned outlets opened. The provided table summarizes the status of company-owned outlets from 2022 to 2024. It shows the number of outlets at the start and end of each year.
Specifically, for company-owned outlets, the table indicates that there were zero outlets at the start of 2023 and zero at the end of 2023. This means no new company-owned Sonesta Select Sonesta Essential locations were opened during that year.
This information is relevant for prospective franchisees as it provides insight into the growth strategy of Sonesta Select Sonesta Essential. The absence of new company-owned openings in 2023 may suggest a focus on franchise expansion rather than corporate expansion, or it could reflect other strategic decisions regarding capital allocation and market development.