What was the median RevPAR for Sonesta Simply Suites franchised hotels?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchised Hotels | Average | Median | Range | No. and % of Hotels that Met or Exceeded Average |
|---|---|---|---|---|
| ADR | $68.54 | $62.70 | $45.08 to $107.58 | 4 (33.3%) |
| Occupancy | 70.6% | 72.2% | 53.5% to 94.0% | 7 (58.3%) |
| RevPAR | $48.37 | $41.31 | $28.74 to $87.86 | 4 (33.3%) |
| Contribution | 63.6% | 54.9% | 39.5% to 82.6% | 5 (41.7%) |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 70–74)
What This Means (2025 FDD)
According to Sonesta Simply Suites's 2025 Franchise Disclosure Document, the median RevPAR (Revenue Per Available Room) for franchised hotels was $41.31 in 2024. The average RevPAR was $48.37. The RevPAR ranged from $28.74 to $87.86.
RevPAR is a key performance indicator in the hotel industry, representing the average revenue generated by each available room. A higher RevPAR generally indicates better performance and efficiency in revenue management. For a prospective Sonesta Simply Suites franchisee, this data provides insight into the potential revenue generation of a franchised location. However, the FDD indicates that individual results may differ and there is no assurance that a franchisee will achieve the same level of performance.
The FDD also provides data on ADR (Average Daily Rate) and Occupancy, which are components of RevPAR. For franchised hotels, the average ADR was $68.54 with a median of $62.70, and the average occupancy was 70.6% with a median of 72.2%. Understanding these metrics can help a franchisee assess the factors driving RevPAR and identify areas for improvement in their own operations.
It is important to note that the financial performance data is based on a limited number of franchised hotels (12 for RevPAR). Prospective franchisees should carefully consider the factors that may influence the performance of their specific location, such as market conditions, competition, and operating expenses. The FDD also states that Sonesta Simply Suites will make available written substantiation of the data used in preparing Item 19 upon reasonable request.