How many Even Hotels outlets were open in Connecticut at the start of 2022?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 was 1 Even Hotels outlet open in Connecticut at the start of 2022. The table provides a summary of the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year for various states. For Connecticut in 2022, the table indicates that there was 1 outlet at the start of the year and no new outlets were opened during the year. However, another table indicates that the outlet was sold to a licensee, resulting in 0 outlets at the end of 2022.
This information is relevant for prospective franchisees as it provides insight into the brand's presence and activity in specific states. The fact that there was an outlet in Connecticut at the beginning of 2022, but it was sold to a licensee by the end of the year, could indicate a change in the brand's strategy or market conditions in that area. A potential franchisee might want to investigate the reasons behind this sale to better understand the opportunities and challenges of operating an Even Hotels franchise in Connecticut or similar markets.
It's important to note that while the table shows the number of outlets opened, terminated, non-renewed, reacquired, or ceased operations, it does not provide specific details about the performance or financial health of individual outlets. Therefore, prospective franchisees should conduct their own due diligence and seek additional information from the franchisor and existing franchisees to assess the viability of the franchise opportunity.