How many Sonesta Simply Suites outlets were operating in Washington 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' 2025 Franchise Disclosure Document, there was one outlet operating in Washington at the start of 2024. The data is based on the information available as of December 31, 2024. Throughout 2024, no additional outlets opened, reacquired from a franchisee, or closed. Similarly, no outlets were sold to a franchisee. As a result, the number of Sonesta Simply Suites outlets in Washington remained at one at the end of 2024.
For a prospective franchisee, this indicates a relatively small presence of Sonesta Simply Suites in Washington. This could mean less brand recognition in the state but also less direct competition from other franchisees. It is important to note that past performance does not guarantee future results, and the number of outlets can change.
It would be prudent for a potential franchisee to investigate the reasons behind the limited growth in Washington. Understanding the market dynamics, demand, and brand awareness in the area is crucial before making a decision. Further, it would be beneficial to understand Sonesta Simply Suites's plans for expansion in Washington and the support they offer to franchisees in developing markets.