factual

What is the assessment fee for each standard failed by an Even Hotels with more than 300 rooms?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

he assessment will escalate to $2,000 for a failed third quarter and $3,000 for a failed fourth quarter. The assessment is capped at $3,000 per quarter per standard. If a Hotel that has more than 300 rooms fails to cure, it will move to assessment and will be assessed a fee of $1,000 for each standard failed. If a Hotel fails in consecutive quarters,

Source: Item 6 — OTHER FEES (FDD pages 30–52)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, hotels with more than 300 rooms that fail to meet IHG One Rewards Measured Standards are subject to assessment fees. These standards are evaluated quarterly, and hotels are given one quarter to correct any deficiencies.

If an Even Hotels location with over 300 rooms fails to meet the required standards and does not cure the failure within the given quarter, it will be assessed a fee of $1,000 for each standard that was failed. This assessment applies for the initial failure.

The assessment fee can escalate if the failures persist in consecutive quarters. For a third consecutive failed quarter, the assessment increases to $2,500 per standard. By the fourth consecutive failed quarter, the assessment escalates further to $5,000 per standard. However, the maximum assessment is capped at $5,000 per quarter for each standard, regardless of how many standards are failed.

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.