table_specific

How many Sonesta Simply Suites franchised outlets opened in Tennessee during 2024?

Sonesta_Simply_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

| | 2023 | 0 | | | 2024 | 1 | | Total Outlets | 2022 | 0 | | | 2023 | 2 | | | 2024 | 2 |

TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 to 2024

State Year Outlets at Start of Year Outlets Opened Terminations Non- Renewals Reacquired by Franchisor Ceased Operations- Other Reasons 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 franchised outlet opened in Tennessee during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. In 2024, Tennessee had two outlets at the start of the year and three at the end, indicating an increase of one outlet. This increase is attributed to one new outlet opening during the year.

This information is crucial for potential franchisees as it provides insight into the brand's growth and expansion within specific states. The opening of a new franchise location can be seen as a positive sign, suggesting that the brand is attracting new investors and expanding its presence. However, it is important to consider various factors such as market conditions, competition, and the overall performance of existing franchises in the area.

Prospective franchisees should also note that while one new franchise opened in Tennessee during 2024, this does not guarantee future growth or success. It is essential to conduct thorough due diligence, including researching the local market, analyzing the performance of existing franchises, and carefully reviewing the terms and conditions of the franchise agreement. Additionally, it is advisable to speak with current and former franchisees to gain a better understanding of their experiences and the challenges and opportunities associated with operating a Sonesta Simply Suites franchise.

Overall, the data indicates a modest expansion of Sonesta Simply Suites in Tennessee during 2024. While this can be viewed as a positive sign, potential franchisees should conduct comprehensive research and seek professional advice before making any investment decisions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.