How many Sonesta Simply Suites locations were terminated in 2024?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer 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 | |---|---|---|---|---|---|---|---|---| | Illinois | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Kansas | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Louisiana | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | $^{</sup>rm 2}$ Company-owned hotels include affiliate-owned and affiliate-managed hotels.
| 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 |
|---|---|---|---|---|---|---|---|---|
| Michigan | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Minnesota | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| New Jersey | 2022 | 0 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| New York | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Pennsylvania | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | |
| Tennessee | 2022 | 0 | 1 | 0 | 0 |
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 were a total of 2 terminations of franchised locations in 2024. The data is broken down by state. Pennsylvania had 1 termination, resulting in a decrease from 1 outlet at the start of the year to 0 at the end of 2024. Texas also experienced 1 termination, decreasing from 4 outlets at the start of the year to 6 at the end of the year after opening 3 new locations.
These figures on terminations are important for prospective franchisees to consider, as they provide insight into the stability and success rate of existing Sonesta Simply Suites franchises. While two terminations may seem low, it is essential to understand the reasons behind these terminations. Potential franchisees should inquire about the factors that led to these closures to assess any potential risks associated with investing in a Sonesta Simply Suites franchise.
It is also worth noting that the overall number of franchised Sonesta Simply Suites locations increased from 14 at the start of 2024 to 17 by the end of the year, indicating that the brand is still growing despite the terminations. This growth suggests that new franchisees are joining the system, which could be a positive sign for the brand's future. However, prospective franchisees should still conduct thorough due diligence to ensure that the franchise opportunity aligns with their investment goals and risk tolerance.
In addition to terminations, the FDD also provides data on other changes in the number of franchised outlets, such as outlets opened, non-renewals, reacquired locations, and ceased operations for other reasons. Analyzing these figures can provide a more comprehensive understanding of the dynamics within the Sonesta Simply Suites franchise system and help potential franchisees make informed decisions.