How many Even Hotels franchises in Florida were not renewed in 2022?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| (Col. 1) | (Col. 2) | (Col. 3) | (Col. 4) | (Col. 5) | (Col. 6) | (Col. 7) | (Col. 8) | (Col. 9) | |----------|----------|----------|----------|--------------|----------|------------|------------|----------| | State | Year | Outlets | Outlets | Terminations | Non | Reacquired | Ceased | Outlets | | | | at Start of Year | Opened | | Renewals | by Franchisor | Operations – Other Reasons | at End of Year | | Colorado | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 Table 3 includes hotels that an affiliate of Holiday manages, but others own. As of December 31, 2024, Holiday's affiliates managed 5 EVEN Hotels.
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| (Col. 1) State | (Col. 2) Year | (Col. 3) Outlets at Start of Year | (Col. 4) Outlets Opened | (Col. 5) Terminations | (Col. 6) Non Renewals | (Col. 7) Reacquired by Franchisor | (Col. 8) Ceased Operations – Other Reasons | (Col.
Source: Item 20 — OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY (FDD pages 94–98)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, there were no non-renewals of Even Hotels franchises in Florida during 2022. The provided table in Item 20 outlines the franchise status summary, showing that in Florida, the number of outlets at the start of 2022 was two, and the number of outlets at the end of 2022 remained at two, with zero non-renewals reported.
This indicates that all existing Even Hotels franchisees in Florida during that period continued their operations without opting not to renew their agreements. For a prospective franchisee, this could be a positive sign, suggesting stability within the Even Hotels franchise system in Florida.
However, it is essential to consider this data in conjunction with other factors such as terminations, transfers, and overall financial performance to gain a comprehensive understanding of the franchise's health and franchisee satisfaction. A potential franchisee should also speak with existing franchisees to understand their renewal experiences and any factors that might influence their decision to renew or not.