Is Holiday's approval of extension requests automatic for Even Hotels?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
You may apply for an extension of the construction commencement or completion deadlines. Holiday will consider various factors which may influence your extension request, including the ability to obtain financing or building permits, zoning and local ordinances, weather conditions, shortages or delayed installation of equipment, fixtures and signs. Holiday's approval of extension requests is not automatic. You will be responsible for any expenses incurred by Holiday in processing the extension request. As Note 7 to Item 6 describes, there is a fee for extending these deadlines.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 70–82)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, Holiday's approval of construction commencement or completion deadline extension requests is not automatic. Holiday will consider factors such as the ability to obtain financing or building permits, zoning and local ordinances, weather conditions, and shortages or delayed installation of equipment, fixtures, and signs.
This means that if an Even Hotels franchisee needs more time to begin or finish construction, they must formally request an extension from Holiday. The approval of this request is not guaranteed and depends on various external factors that may be influencing the project's timeline. The franchisee should be prepared to provide documentation and justification for the extension request, addressing the specific factors Holiday will consider.
Furthermore, the Even Hotels franchisee will be responsible for any expenses incurred by Holiday in processing the extension request. There is also a fee for extending these deadlines, as described in Note 7 to Item 6. This highlights the importance of careful planning and realistic scheduling during the initial stages of development to minimize the risk of needing extensions and incurring additional costs.