FDD ITEM 20 · FISCAL 2023–2025
WOODSPRING SUITES Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), WOODSPRING SUITES reported 284 franchised outlets at year end. 0 of 256 franchised outlets open at the start of the year left the system (exit rate 0.0%, fiscal 2025), while 28 new outlets opened. Systemwide units moved +20.9% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 212 | 235 | 256 |
| Opened | 24 | 25 | 28 |
| Transfers | 15 | 10 | 20 |
| Terminations | 0 | 2 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 1 | 2 | 0 |
| Outlets at end | 235 | 256 | 284 |
| Net change | +23 | +21 | +28 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 256 at start = 0.0%
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 (20) 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 | 50 | 0 |
| FL | 32 | 0 |
| GA | 16 | 0 |
| VA | 14 | 0 |
| NC | 13 | 0 |
| IL | 12 | 0 |
| TN | 12 | 0 |
| SC | 11 | 0 |
| CA | 10 | 0 |
| CO | 9 | 0 |
| AZ | 8 | 0 |
| IN | 8 | 0 |
| MI | 8 | 0 |
| OH | 8 | 0 |
| PA | 7 | 0 |
| WA | 7 | 0 |
| IA | 6 | 0 |
| LA | 6 | 0 |
| MD | 5 | 0 |
| MO | 5 | 0 |
| KS | 4 | 0 |
| KY | 4 | 0 |
| NJ | 4 | 0 |
| AL | 3 | 0 |
| MT | 2 | 0 |
| ND | 2 | 0 |
| NE | 2 | 0 |
| NM | 2 | 0 |
| OK | 2 | 0 |
| OR | 2 | 0 |
| AR | 1 | 0 |
| CT | 1 | 0 |
| DE | 1 | 0 |
| ID | 1 | 0 |
| MS | 1 | 0 |
| NV | 1 | 0 |
| NY | 1 | 0 |
| SD | 1 | 0 |
| UT | 1 | 0 |
| WI | 1 | 0 |
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