FDD ITEM 20 · FISCAL 2023–2025
MAINSTAY SUITES Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), MAINSTAY SUITES reported 143 franchised outlets at year end. 5 of 139 franchised outlets open at the start of the year left the system (exit rate 3.6%, fiscal 2025), while 9 new outlets opened. Systemwide units moved +13.5% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 115 | 126 | 139 |
| Opened | 14 | 16 | 9 |
| Transfers | 2 | 14 | 6 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 1 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 3 | 3 | 4 |
| Outlets at end | 126 | 139 | 143 |
| Net change | +11 | +13 | +4 |
0 terminations + 1 non-renewals + 4 ceased (other) = 5 exits ÷ 139 at start = 3.6%
These are the three FTC Item 20 statuses in which a franchised outlet left the system — including voluntary non-renewals and outlets that ceased for other reasons, which can include sales or absorption into another franchise. Transfers (6) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate”, and not every exit is a closure or a failure; Item 20 does not say why any outlet left. On a small starting base, a single exit moves this rate sharply.
| State | Franchised | Company-owned |
|---|---|---|
| TX | 13 | 0 |
| IL | 9 | 0 |
| TN | 9 | 0 |
| ND | 7 | 0 |
| NC | 6 | 0 |
| PA | 6 | 0 |
| VA | 6 | 0 |
| CO | 5 | 0 |
| FL | 5 | 0 |
| MI | 5 | 0 |
| OH | 5 | 0 |
| WI | 5 | 0 |
| CA | 4 | 0 |
| GA | 4 | 0 |
| IA | 4 | 0 |
| KY | 4 | 0 |
| LA | 4 | 0 |
| MO | 4 | 0 |
| KS | 3 | 0 |
| NE | 3 | 0 |
| SC | 3 | 0 |
| AR | 2 | 0 |
| IN | 2 | 0 |
| MN | 2 | 0 |
| MT | 2 | 0 |
| NM | 2 | 0 |
| NV | 2 | 0 |
| UT | 2 | 0 |
| WA | 2 | 0 |
| AL | 1 | 0 |
| AZ | 1 | 0 |
| DE | 1 | 0 |
| ID | 1 | 0 |
| MA | 1 | 0 |
| MD | 1 | 0 |
| MS | 1 | 0 |
| NJ | 1 | 0 |
| NY | 1 | 0 |
| OK | 1 | 0 |
| SD | 1 | 0 |
| WV | 1 | 0 |
| WY | 1 | 0 |
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