How many Sonesta Select Sonesta Essential outlets opened in Michigan during 2024?
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, there were no new Sonesta Select Sonesta Essential outlets opened in Michigan during 2024. The data shows that at the start of 2024, there were 2 outlets in Michigan. Throughout 2024, no additional outlets were opened, and no outlets closed. However, one outlet was sold to a franchisee, resulting in 1 outlet at the end of the year.
This information is crucial for potential franchisees as it provides insight into the brand's growth and stability within a specific region. The absence of new openings in Michigan during 2024 could indicate a saturated market, a strategic decision by the franchisor, or other factors influencing expansion. It is important to note that while no new outlets opened, one existing outlet was sold to a franchisee, which could represent a change in ownership or management within the existing network.
Prospective franchisees should further investigate the reasons behind the lack of new openings and the transfer of existing outlets. Understanding the market dynamics in Michigan and the franchisor's plans for the region is essential for making an informed investment decision. This data, combined with other factors such as market analysis and financial projections, will help potential franchisees assess the risks and opportunities associated with investing in a Sonesta Select Sonesta Essential franchise in Michigan.