factual

When is the Even Hotels Loyalty Program Contribution fee due?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

TYPE OF FEE AMOUNT DUE DATE REMARKS
Royalty
Royalty 5% of Gross Rooms Revenue (“GRR”). Monthly, on the 15th of the following month (Payable to Holiday) Note 1
Casualty Royalty 2% of GRR based on average GRR for preceding 12 months Monthly, on the 15th of the following month (payable to Holiday) Note 1
Sales and Marketing
Services Contribution 3.5% of GRR (combined marketing, reservations & training fee). Same as Royalty Note 2
Initial Marketing Contribution to Loyalty Program $10.00 per approved guest room. At same time as 1st Royalty Payment (one- time charge) (Payable to SCH) Note 3
Loyalty Program Contribution 4.55% of Qualifying Full Folio Revenue from Loyalty Program members. 1.365% of GRR on Qualifying Room and Meeting Revenue from Loyalty Program members. Same date as Royalty (Payable to SCH) Note 3

Source: Item 6 — OTHER FEES (FDD pages 30–52)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, the Loyalty Program Contribution is due on the same date as the Royalty fee. The Royalty fee is due monthly, on the 15th of the following month. The Loyalty Program Contribution is 4.55% of Qualifying Full Folio Revenue from Loyalty Program members and 1.365% of GRR on Qualifying Room and Meeting Revenue from Loyalty Program members. This fee is payable to SCH.

This means that as an Even Hotels franchisee, you will need to calculate and remit the Loyalty Program Contribution monthly, aligned with your royalty payments. This contribution is based on a percentage of revenue generated from Loyalty Program members, so accurate tracking of revenue from these members is crucial.

Prospective franchisees should be aware that these fees can impact their overall profitability, and it's important to factor them into financial projections. Understanding how the Loyalty Program affects revenue and expenses is a key part of assessing the financial viability of an Even Hotels franchise.

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.