What does Table No. 4 in the FDD describe regarding Sonesta Select Sonesta Essential outlets?

According to the 2025 Franchise Disclosure Document, Table No. 4 for both Sonesta Select and Sonesta Essential brands describes the status of company-owned outlets for the years 2022 to 2024. This table provides an overview of the brand's corporate-level operations, as opposed to franchised locations.

For a prospective franchisee, this information offers insight into Sonesta Select Sonesta Essential's direct involvement in the hotel business. By reviewing the data, a franchisee can see how the company manages its own properties, which may reflect the brand's operational strategies and priorities. It also allows for a comparison between the performance and changes in company-owned versus franchised outlets, as detailed in other tables within Item 20.

Understanding the dynamics of company-owned outlets can be valuable for franchisees in assessing the overall health and direction of the Sonesta Select Sonesta Essential brand. However, the provided excerpts do not include the actual data contained within Table No. 4, so a franchisee would need to consult the full FDD to review specific numbers regarding openings, closures, and other changes in company-owned outlet status over the three-year period.