FDD ITEM 20 · FISCAL 2023–2025
Radisson Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Radisson reported 40 franchised outlets at year end. 8 of 46 franchised outlets open at the start of the year left the system — an annualized exit rate of 17.4%— while 2 new outlets opened. Systemwide units moved -20.7% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 63 | 58 | 52 |
| Opened | 1 | 2 | 2 |
| Transfers | 1 | 1 | 1 |
| Terminations | 1 | 0 | 0 |
| Non-renewals | 1 | 2 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 4 | 6 | 8 |
| Outlets at end | 58 | 52 | 46 |
| Net change | -5 | -6 | -6 |
0 terminations + 0 non-renewals + 8 ceased (other) = 8 exits ÷ 46 at start = 17.4%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (1) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| FL | 4 | — |
| MI | 4 | — |
| IL | 3 | — |
| AZ | 2 | 1 |
| MN | 2 | — |
| NY | 2 | — |
| OR | 2 | — |
| PA | 2 | — |
| TX | 2 | — |
| WI | 2 | 1 |
| AR | 1 | — |
| CA | 1 | 1 |
| CO | 1 | — |
| GA | 1 | — |
| IA | 1 | — |
| IN | 1 | — |
| KS | 1 | — |
| KY | 1 | — |
| MO | 1 | — |
| NC | 1 | — |
| ND | 1 | — |
| NJ | 1 | — |
| OH | 1 | — |
| OK | 1 | — |
| UT | 1 | 1 |
| NV | 0 | — |
| RI | 0 | — |
| TN | 0 | 1 |
| WA | 0 | 1 |
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