factual

How will Even Hotels franchisees be informed about the fees for Conveyed Transactions and other Non-Bank Services?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

You shall pay us the fees for Conveyed Transactions and other Non-Bank Services as set forth on your Application, MPA Addendum, Fee Schedule, and/or other Schedules, or as we otherwise disclose to you.

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

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, franchisees will be informed about the fees for Conveyed Transactions and other Non-Bank Services through several documents. These include the franchisee's Application, MPA Addendum, Fee Schedule, and/or other Schedules. The disclosure may also occur through other means of communication from Even Hotels.

This means that prospective Even Hotels franchisees should carefully review all these documents during the franchise evaluation process. Understanding these fees is crucial for accurately projecting operating costs and profitability. Franchisees should pay close attention to the specific fee amounts, how they are calculated, and when they are due.

It is also important for franchisees to stay informed about any updates or changes to these fees throughout the term of their franchise agreement. Even Hotels may modify these fees, so franchisees should maintain open communication with the franchisor and carefully review any notices or announcements regarding fee changes. Franchisees should clarify any ambiguities or concerns about the fees with Even Hotels to avoid potential misunderstandings or disputes.

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.