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Sonesta executes 30 franchise agreements in Q3

Sonesta hotel exterior at sunset

Sonesta International Hotels Corporation executed 30 new franchise agreements during the third quarter of 2024, representing growth at seven of the company’s 13 brands.

“With 30 franchise agreements executed in Q3, Sonesta continues to expand across key markets and strengthen relationships with both existing and new ownership groups,” said Keith Pierce, EVP/president, franchise and development, Sonesta. “The versatility of Sonesta’s brand offerings and our franchise-friendly approach create new opportunities across several market segments.”

The 30 new franchised hotels are distributed across seven of Sonesta’s brands, including:

Sonesta ES Suites: 11
Sonesta Essential Hotels: 7
Americas Best Value Inn by Sonesta: 6
Sonesta Hotels, Resorts & Cruises: 2
Sonesta Select Hotels: 2
Red Lion Hotel, Inn & Suites: 1
Sonesta Simply Suites: 1

“Sonesta’s strategic focus on market segmentation and brand differentiation positions our franchisees for success,” said Brian Quinn, chief development officer, Sonesta. “With diverse offerings spanning multiple industry segments, our tailored approach enables owners to effectively meet the needs of their market, while benefiting from flexible brand standards that are designed to facilitate smooth conversions.

SOURCE: Hotel Business