How many franchised Sonesta Simply Suites locations were operating at the end of 2023?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 0 | 11 | +11 |
| 2023 | 11 | 14 | +3 | |
| 2024 | 14 | 17 | +3 | |
| Company- | 2022 | 65 | 51 | -14 |
| Owned2 | ||||
| 2023 | 51 | 51 | 0 | |
| 2024 | 51 | 48 | -3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 74–79)
What This Means (2025 FDD)
According to Sonesta Simply Suites' 2025 Franchise Disclosure Document, there were 14 franchised locations operating at the end of 2023. This number is derived from the provided table which tracks the status of franchised outlets from 2022 to 2024. The table shows that Sonesta Simply Suites started 2023 with 11 franchised outlets and ended the year with 14, indicating a net increase of 3 locations during that year.
Specifically, the table provides a year-by-year overview of the number of franchised Sonesta Simply Suites locations. For a prospective franchisee, this information is useful in understanding the growth and changes within the franchise system over recent years. It gives insight into the net change in franchised locations, which can reflect the overall health and expansion of the Sonesta Simply Suites brand.
It's important to note that while the table provides a system-wide overview, it does not detail the specific performance or challenges of individual locations. A prospective franchisee should further investigate the factors contributing to the changes in outlet numbers, such as the opening of new locations, terminations, or non-renewals, to gain a more comprehensive understanding of the franchise's dynamics. This information, combined with other due diligence, can help in making an informed decision about investing in a Sonesta Simply Suites franchise.