For Even Hotels, what does 'Ground Break' mean in the context of hotel construction?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Licensee must complete "Ground Break" of the Hotel by the Ground Break Due Date set forth in Attachment "A") and continuously construct and furnish the Hotel in accordance with the Final Plans and the Standards so that the Hotel opens in the Brand System by the Opening Deadline set forth in section B.9. below. "Ground Break" means the completion of the Hotel building foundation through ground-level or the completion of the finished ground floor slab.
Licensee must provide photo documentation of Ground Break to IHG within one day thereafter.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, "Ground Break" refers to a specific stage in the hotel construction process. It signifies the completion of the hotel building's foundation up to ground level or the completion of the finished ground floor slab.
For a prospective Even Hotels franchisee, achieving Ground Break is a critical milestone with several implications. Franchisees must complete Ground Break by the date specified in Attachment A of the FDD. Furthermore, the franchisee must provide photographic documentation of the Ground Break to IHG (InterContinental Hotels Group) within one day of completion.
Following Ground Break, the franchisee has additional obligations, including submitting plans and specifications for signage, guest room furniture, fixtures, and equipment (FF&E) and public area FF&E to IHG for review and approval within 30 days. Additionally, franchisees must submit Life Safety shop drawings within 30 days after Ground Break. These requirements highlight the importance of adhering to the construction timeline and maintaining open communication with IHG throughout the building process. Failing to meet these deadlines or obtain necessary approvals could potentially delay the hotel opening and impact the franchisee's ability to generate revenue.