How many Even Hotels outlets were operating in Florida at the start of 2024?
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 |
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 2 Even Hotels outlets operating in Florida at the start of 2024. The FDD provides a detailed breakdown of outlet status by state and year, showing the number of outlets at the start of the year, those opened during the year, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of the Even Hotels brand in specific geographic areas. The data indicates whether the number of hotels has remained constant, increased, or decreased over the years. This can help in assessing the market saturation and potential for new locations in Florida.
It's important to note that while the number of outlets remained constant in Florida from 2022 to 2024, this doesn't necessarily indicate a lack of growth potential. Further investigation into market demand, competitor presence, and franchisor support in the region would be beneficial for anyone considering opening an Even Hotels franchise in Florida.