What concept does the 'Universal Redemption Vehicle' support for Even Hotels?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
On September 19, 2019 the USPTO issued SCH a utility patent for a "Universal Redemption Vehicle" (which vehicle supports the "Redeem Anywhere" concept) under Patent No. 10,417,645. This patent is valid until April 20, 2026.
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD page 85)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the 'Universal Redemption Vehicle' supports the 'Redeem Anywhere' concept. A utility patent for this vehicle was issued by the USPTO on September 19, 2019, under Patent No. 10,417,645 and is valid until April 20, 2026.
This means that Even Hotels has a patented system designed to allow customers to redeem rewards or points across various locations or platforms. For a franchisee, this could be a selling point, as it provides a flexible and convenient way for guests to use their rewards, potentially increasing customer loyalty and attracting new customers.
Prospective franchisees should inquire with Even Hotels about how the 'Redeem Anywhere' concept is implemented in practice, including which locations or platforms participate in the program, and how the system integrates with the hotel's operations and point-of-sale (POS) system. Understanding the specifics of the program and its benefits can help franchisees effectively market the hotel and enhance the guest experience.