How many Surestay Hotel By Best Western outlets were open at the start of 2024?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of Year | Outlets at the End of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 214 | 232 | +18 |
| 2023 | 232 | 238 | +6 | |
| 2024 | 238 | 228 | -10 | |
| Company Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 214 | 232 | +18 |
| 2023 | 232 | 238 | +6 | |
| 2024 | 238 | 228 | -10 |
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 238 franchised outlets open at the start of 2024. This number is derived from the system-wide outlet summary, which provides a consolidated view of the franchise's growth and changes over the past three years.
For a prospective franchisee, this indicates the size and scale of the Surestay Hotel By Best Western system. A larger number of existing outlets can suggest a more established brand with a proven business model. However, it's also important to consider the net change in outlets, which reflects the overall health and stability of the franchise system. In 2024, the number of outlets decreased by 10.
It is important to note that these numbers reflect the status of outlets as of November 30th of each year. This means that any openings, terminations, non-renewals or other changes occurring in December are not reflected in these year-end totals. A prospective franchisee should inquire about any significant changes that may have occurred since the last reporting date to get a more current view of the system's status.
Overall, the data on outlet numbers provides valuable insights into the historical performance and current state of the Surestay Hotel By Best Western franchise system. By analyzing these trends, potential franchisees can gain a better understanding of the opportunities and challenges associated with investing in this brand.