What must a franchisee do before submitting an application for a conversion, re-licensing, change of ownership or brand change for an Even Hotels location?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
e Application Fee is nonrefundable.
PROPERTY IMPROVEMENT PLAN "PIP":
Before you submit an application for a conversion, re-licensing, change of ownership or brand change, you must arrange for Holiday to conduct an inspection of the Hotel so that Holiday can prepare a PIP for the upgrading, construction and furnishing of the Hotel in accordance with the then-current Standards. There is a nonrefundable $10,000 fee for the inspection of your Hotel and the preparation of the PIP (see also Item 6) due at the time the PIP is prepared. In the case of a conversion hotel, Holiday will not authorize your Hotel to open until you complete all PIP requirements, including submission of plans before the start of construction in accordance with the dates specified in your License and Attachment "B" of your License (see Item 11). In the event the hotel fails its opening inspection, Holiday m
Source: Item 5 — INITIAL FEES (FDD pages 27–30)
What This Means (2025 FDD)
According to the 2025 Even Hotels Franchise Disclosure Document, before submitting an application for a conversion, re-licensing, change of ownership, or brand change, a prospective franchisee must arrange for Holiday (likely referring to IHG, the parent company) to conduct an inspection of the hotel. This inspection allows Holiday to prepare a Property Improvement Plan (PIP) that outlines the necessary upgrades, construction, and furnishing needed to meet the current Even Hotels standards.
At the time the PIP is prepared, the franchisee must pay a nonrefundable fee of $10,000 for the inspection and PIP preparation. This fee is separate from other fees associated with the application process, as detailed in Item 6 of the FDD.
For a conversion hotel, Even Hotels will not authorize the hotel to open until all PIP requirements are completed. This includes submitting plans before construction begins, following the dates specified in the License and Attachment "B" of the License, as referenced in Item 11. If the hotel fails its opening inspection, Even Hotels may charge the franchisee $5,000 plus expenses for each re-evaluation and re-inspection.