Question 1

How many Ascend Hotel Collection franchise locations are there?

Accepted Answer

Ascend Hotel Collection currently has 182 total units, including 182 franchised locations and 0 company-owned locations.

Question 2

Is the Ascend Hotel Collection franchise system growing or shrinking?

Accepted Answer

Ascend Hotel Collection has experienced positive net growth of +2.8% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.5%.

Question 3

What is the franchise vs. company-owned ratio for Ascend Hotel Collection?

Accepted Answer

Ascend Hotel Collection has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Ascend Hotel Collection franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Ascend Hotel Collection had 24 units opened and 16 units closed.