In 2023, how many Surestay Hotel By Best Western outlets in Indiana were not renewed?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Terminations | Col. 6 Non- Renewals | Col. 7 Reacquired By Master Franchisor | Col. 8 Ceased Operations - Other Reasons | Col. 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Illinois | 2022 | 4 | 2 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 2 | 0 | 0 | 4 | |
| 2024 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| Indiana | 2022 | 3 | 1 | 0 | 0 | 0 | 1 | 3 |
| 2023 | 3 | 2 | 0 | 2 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 75–87)
What This Means (2025 FDD)
According to Surestay Hotel By Best Western's 2025 Franchise Disclosure Document, there were two outlets in Indiana that were not renewed in 2023. The table provided in Item 20 outlines the changes in the number of franchised outlets across different states over the past three years. This includes details on outlets opened, terminations, non-renewals, and other reasons for ceased operations.
For a prospective franchisee, this information is crucial in understanding the stability and performance of Surestay Hotel By Best Western franchises in specific regions. The non-renewal of two outlets in Indiana during 2023 could indicate various factors, such as the franchisee's decision not to continue, performance issues, or strategic decisions by either the franchisee or franchisor. It is important to investigate the reasons behind non-renewals to assess any potential risks or challenges in operating a franchise in that area.
Understanding the dynamics of outlet changes, including non-renewals, helps potential franchisees evaluate the long-term viability of a Surestay Hotel By Best Western franchise. Reviewing these trends over multiple years provides a more comprehensive picture of franchise performance and potential challenges. This data, combined with other due diligence, can inform a franchisee's decision-making process and investment strategy.