As of December 31, 2024, how many licensed Even Hotels were there in the US?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Brand | Licenses offered for this brand since | Number of licensed hotels in the US as of December 31, 2024 | Including this number of managed hotels in the US as of December 31, 2024 (Note 1) | Company- Owned hotels (Note 3) |
|---|---|---|---|---|
| 1. Atwell Suites | 2019 | 6 | 0 | 0 |
| 2. avid hotels | 2017 | 71 | 0 | 0 |
| 3. Candlewood Suites | 2003 | 384 | 0 | 0 |
| 4. Crowne Plaza | 1990 | 83 | 2 | 0 |
| 5. EVEN Hotels | 2014 | 22 | 5 | 0 |
| 6. Garner Hotels | 2023 | 10 | 0 | 0 |
| 7. Holiday Inn, Holiday | 1990 | 2,857 | 6 | 1 |
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–14)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, as of December 31, 2024, there were 22 licensed Even Hotels in the United States. Of these 22 hotels, 5 were managed hotels.
This information is relevant for prospective franchisees as it provides a snapshot of the brand's current footprint in the U.S. market. The number of licensed hotels can indicate the brand's growth trajectory and market penetration. A higher number of hotels may suggest a more established brand with greater brand recognition among consumers.
The inclusion of managed hotels within the total number of licensed hotels is also noteworthy. Managed hotels are operated by the franchisor or its affiliates, which can provide insights into the level of involvement and support franchisees might expect. It's important to understand the distinction between licensed and managed hotels, as the operational dynamics and revenue sharing models may differ.
Prospective franchisees should further investigate the locations and performance of these existing Even Hotels to assess the brand's success in various markets. Understanding the distribution of hotels across different regions and their financial performance can help franchisees evaluate the potential for success in their target market.