Even Hotels

Even Hotels

Hotels
Units as of 2021
15 (3 years)
150%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$16.7M - $24.5M

Company Overview

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About Even Hotels

Related Categories
Hotels & Motels,
Founded
2012
Parent Company
IHG (InterContinental Hotels Group)
Leadership
Elie Maalouf, CEO, Americas
Ticker Symbol
IHG

Franchising Overview

Franchising Since
2014 (7 years)
# of employees at HQ
1,981
Where seeking
Franchisor is seeking new franchise units worldwide.
# of Units
15

Franchisor Information

Corporate Address
Three Ravinia Dr., #100
Atlanta, GA 30346

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Even Hotels franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$75,000 - $75,000
Initial Investment
$16,697,959 - $24,459,635
Royalty Fee
5%
Term of Agreement
20 years (average)
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Even Hotels has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

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
Loyalty Program/App

Operations

Additional details about 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
Are exclusive territories available?
No

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Updated: October 23rd, 2020
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