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Even Hotels logo

Even Hotels

Hotels

Investment

$17,743,001

Initial Franchise Fee

$75,000

Units

43

Growth Rate

+95.5%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Lodging
Founded 2012
Franchising Since 2014
Parent Company IHG Hotels & Resorts
Leadership Jolyon Bulley, CEO Americas
# of Employees at HQ 1711
Follow
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Units and Growth Chart

About Even Hotels

Even Hotels was founded in 2012 and is part of the InterContinental Hotels Group. Their hotels focus on providing guests with wellness experiences, including offering a best-in-class fitness experience, healthier food choices, and relaxing natural spaces with eco-friendly products. They also curate their rooms to be a restful environment, such as having natural eucalyptus fiber bedding. 

Franchising since 2014, Even Hotels encourages travelers to incorporate productivity and wellness into travel routines. They promote a slogan to let guests "sweat, share, and stay social."

Since beginning to franchise, Even Hotels has opened several franchise locations throughout the United States to go along with a few international franchises. They are seeking to expand their reach even further.

Why You May Want To Start an Even Hotels Franchise

An Even Hotels franchise may be a good opportunity for anyone interested in the hospitality business. Even Hotels empowers its guests to maintain wellness routines while on the road by designing every space of their hotel property to support staying active, eating well, resting easily, and being productive. 

To be part of the Even Hotels team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and renewal fees.

What Might Make an Even Hotels Franchise a Good Choice?

Opening an Even Hotels franchise may offer you an opportunity to be part of a brand that strives to focus on the hotel industry's upscale, mainstream, and luxury segments. 

Opening an Even Hotels franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. 

Franchisees mau benefit from the popularity of the brand and the InterContinental Hotels Group loyalty program and reservation system. Franchisees are expected to make a long-term commitment to running the business full-time. A typical franchise agreement runs for 20 years. Franchisees will be allowed to renew their agreement if they meet the Even Hotels requirements.

How To Open an Even Hotels Franchise

As you decide if opening an Even Hotels franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Even Hotels franchise would do well in your community. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Even Hotels franchising team questions.

If awarded a franchise, franchisees receive a great deal of support from the Even Hotels brand throughout the franchising process. Franchisees receive support through brand awareness, marketing, loyalty programs, site selections, and field operations. They also receive continued support after their franchise location has opened.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the financial resources necessary to own and operate an Even Hotels franchise.

Investment Details

Initial Franchise Fee $75,000
Initial Investment $17,743,001 - $27,410,450
Net Worth Requirement
Cash Requirement
Royalty Fee 5%
Ad Royalty Fee 0
Technology Fee $17/room/mo.
Term of Agreement 20 years (average)
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training Varies
Classroom Training Varies

Ongoing Support

Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 0
Are exclusive territories available? No

Ranking History

Even Hotels performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Âé¶¹Éç Media. Our listings and rankings are solely research tools you can use to compare opportunities. Âé¶¹Éç stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022