How many Even Hotels outlets were operating in Georgia at the start of 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.
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.
Source: Item 20 — OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY (FDD pages 94–98)
What This Means (2025 FDD)
According to Even Hotels's 2025 Franchise Disclosure Document, there were 2 Even Hotels outlets operating in Georgia at the start of 2022. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, the number of outlets opened, 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 each state.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Even Hotels brand in specific geographic areas. The data indicates that in 2022, two additional Even Hotels outlets opened in Georgia. However, the number of outlets at the end of 2022 remained at 2, suggesting that two closures or other changes occurred during the year to offset the new openings.
It is important to note that while the table provides a snapshot of outlet activity, it does not offer detailed explanations for terminations or other changes. A prospective franchisee should further investigate the reasons behind any terminations or non-renewals to assess the health and potential risks associated with operating an Even Hotels franchise in a particular state. This information, combined with other factors such as market conditions and competition, can help in making an informed investment decision.