How many Sonesta Select Sonesta Essential outlets were transferred in Texas during 2023?

According to Sonesta Select Sonesta Essential's 2025 Franchise Disclosure Document, there was one transfer of an outlet in Texas during 2023. This figure represents the number of existing Sonesta Select Sonesta Essential locations in Texas that were sold to a new owner, not including transfers back to the franchisor. This information is part of the data on outlet transfers provided in Item 20 of the FDD.

For a potential franchisee, understanding the number of transfers can provide insights into the stability and desirability of existing Sonesta Select Sonesta Essential locations. A higher number of transfers might indicate a more active market for resales, but could also signal potential challenges in operating the franchise. Conversely, a low number of transfers, as seen in Texas for 2023, could suggest stability, but might also mean fewer opportunities to acquire existing locations.

It is important to note that this data only reflects transfers to new owners and does not include instances where the outlet was reacquired by Sonesta Select Sonesta Essential. Reviewing the broader context of outlet activity, such as openings, closures, and re acquisitions, alongside the transfer data, can offer a more comprehensive understanding of the brand's performance and market dynamics in Texas. Prospective franchisees should also inquire about the reasons for any transfers to better assess the opportunities and risks involved.