Question 1

How many ECONO LODGE franchise locations are there?

Accepted Answer

ECONO LODGE currently has 643 total units, including 643 franchised locations and 0 company-owned locations.

Question 2

Is the ECONO LODGE franchise system growing or shrinking?

Accepted Answer

ECONO LODGE has experienced negative net growth of -5.0% over the past year, with a 3-year compound annual growth rate (CAGR) of -2.9%.

Question 3

What is the franchise vs. company-owned ratio for ECONO LODGE?

Accepted Answer

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

Question 4

How many ECONO LODGE franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), ECONO LODGE had 21 units opened and 44 units closed.