How many Sonesta Simply Suites company-owned outlets were in Maryland at the start of 2024?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
11 | | | 2023 | 11 | 4 | 0 | 0 | 0 | 1 | 14 | | | 2024 | 14 | 5 | 2 | 0 | 0 | 0 | 17 |
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 74–79)
What This Means (2025 FDD)
According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, there was one company-owned outlet in Maryland at the start of 2024. The table provided in Item 20 outlines the status of company-owned outlets for the years 2022 to 2024, detailing the number of outlets at the start of each year, outlets opened, reacquired, closed, or sold, and the number of outlets at the end of the year.
For Maryland, the table shows that in 2022, there was one company-owned outlet at the start of the year. Throughout 2022, no outlets were opened, reacquired, closed, or sold, leaving one outlet at the end of the year. The same pattern continued in 2023, with one outlet at the start and end of the year and no changes during the year.
Therefore, at the beginning of 2024, Sonesta Simply Suites had one company-owned outlet operating in the state of Maryland. This information is valuable for prospective franchisees as it provides insight into the brand's corporate presence and stability in specific markets.