How many Sonesta Select Sonesta Essential outlets were operating in Tennessee at the end of 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 2 Sonesta Select outlets operating in Tennessee at the end of 2024. The provided table tracks the number of outlets from 2022 to 2024.
The table shows that in 2022, there were 2 outlets at the start of the year. Throughout 2022, there were no outlets opened, reacquired from a franchisee, closed, or sold to a franchisee. This left 2 outlets at the end of 2022. In 2023, there were 2 outlets at the start of the year. Throughout 2023, there were no outlets opened, reacquired from a franchisee, closed, or sold to a franchisee. This left 2 outlets at the end of 2023. In 2024, there were 2 outlets at the start of the year. Throughout 2024, there were no outlets opened, reacquired from a franchisee, closed, or sold to a franchisee. This left 2 outlets at the end of 2024.
This information is valuable for potential franchisees as it provides a clear picture of the brand's presence and stability in Tennessee. The fact that no outlets closed or changed hands during this period may indicate a stable market. However, the lack of new openings could also suggest limited growth opportunities in the state. A prospective franchisee should further investigate the reasons behind these trends to assess the potential for success in the Tennessee market.