How many Even Hotels licensed outlets were operating at the start of 2024?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
New Owners (Other than Franchisor) For Years 2022 to 2024**
| (Column 1) State | (Column 2) Year | (Column 3) Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Table No. 31 Status of Licensed Outlets For Years 2022 to 2024
| (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.
88
| (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. 9) Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Georgia | 2022 | 2 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Illinois | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Maryland | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Minnesota | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Montana | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Nebraska | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| New | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Hampshire | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| New York | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 |
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 19 licensed Even Hotels outlets operating at the start of 2024. Throughout 2024, 3 new outlets were opened, and there were no terminations, non-renewals, re acquisitions by the franchisor or other reasons for ceased operations. This brought the total number of Even Hotels outlets to 22 at the end of 2024.
It is important to note that these figures reflect the aggregate number of licensed outlets across all states where Even Hotels has a presence. The number of outlets in specific states can vary. For example, states like Colorado, Connecticut, Illinois, Maryland, Michigan, Minnesota, Nebraska, and New Hampshire each had one Even Hotels location at the start of 2024, while Florida and Georgia had two each, and New York had three. Montana had zero locations at the start of 2024.
For a prospective franchisee, this data indicates the growth and stability of the Even Hotels brand. The absence of terminations or non-renewals suggests that existing franchisees are generally satisfied with their investment. The opening of 3 new locations in 2024 shows that the brand is expanding, which could increase brand recognition and customer loyalty. However, franchisees should also consider the specific market conditions in their desired location and how those conditions might impact their individual success.