How many licensed Even Hotels outlets were operating at the start of 2024?
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 at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of Year |
| Total | 2022 | 19 | 0 | 0 | 0 | 0 | 0 | 19 |
| 2023 | 19 | 0 | 0 | 0 | 0 | 0 | 19 | |
| 2024 | 19 | 3 | 0 | 0 | 0 | 0 | 22 |
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. The provided table summarizes the status of licensed outlets from 2022 to 2024.
The table includes data on the number of outlets at the start of each year, the number of outlets opened during the year, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. For 2023, the table indicates that there were 19 outlets at the start of the year, no outlets opened, and no changes due to terminations, non-renewals, re acquisitions, or other reasons. This resulted in 19 outlets at the end of 2023, which remained the same number at the start of 2024.
This information is valuable for potential franchisees as it provides a historical overview of the Even Hotels franchise system's growth and stability. It shows the number of existing locations and any changes in the number of outlets over the three-year period. A prospective franchisee can use this data to assess the brand's performance and potential for future growth.