How many Sonesta Select Sonesta Essential outlets were closed in Texas during 2022?
Sonesta_Select_Sonesta_Essential Franchise · 2025 FDDAnswer from 2025 FDD Document
franchised Brand Hotels were terminated or otherwise ceased operations.
TABLE NO. 4 STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022 to 2024
| 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 |
|---|
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, one outlet in Texas was closed during 2022. The table provided in Item 20 outlines the status of both company-owned and franchise outlets. This information is crucial for potential franchisees to understand the stability and performance of Sonesta Select Sonesta Essential locations in specific geographic areas.
Specifically, the table details the number of outlets at the start of the year, outlets opened, outlets reacquired from a franchisee, outlets closed, outlets sold to a franchisee, and the number of outlets at the end of the year. For Texas in 2022, the table shows 4 outlets at the start of the year, 0 outlets opened, 0 outlets reacquired from a franchisee, 1 outlet closed, 2 outlets sold to a franchisee, resulting in 1 outlet at the end of the year.
This level of detail allows prospective franchisees to assess the dynamics of the Sonesta Select Sonesta Essential franchise network in Texas. Reviewing this data over several years, as provided in the table for 2022, 2023, and 2024, can reveal trends in outlet performance and market saturation. It is important to note that past performance does not guarantee future results, but this information offers valuable insights for making an informed investment decision.