factual

When does the Even Hotels application fee become non-refundable?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (1) Application Fee. Licensee has paid IHG the nonrefundable Application Fee as set forth in Item 3 of Attachment "A").

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to the 2025 Even Hotels Franchise Disclosure Document, the application fee is nonrefundable. Specifically, Item 23 clarifies that the licensee pays IHG (InterContinental Hotels Group) a nonrefundable application fee, as detailed further in Item 3 of Attachment "A".

This means that once a prospective Even Hotels franchisee submits the application fee to IHG, they will not receive a refund under any circumstances. This is a standard practice in franchising, as the franchisor incurs costs in reviewing and processing the application, conducting due diligence, and assessing the applicant's suitability.

Prospective franchisees should carefully consider their interest in owning an Even Hotels franchise before submitting their application and paying the fee, as they will not be able to recover this initial investment even if they are not ultimately awarded a franchise or choose to withdraw their application.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.