How many Even Hotels outlets were operating in Illinois at the end 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 was 1 Even Hotels outlet operating in Illinois at the end of 2022. The provided table in Item 20 of the FDD details the number of outlets at the start of the year, any changes during the year (openings, terminations, non-renewals, re acquisitions, or ceased operations), and the number of outlets at the end of the year for each state.
For Illinois in 2022, the table indicates that there was 1 outlet at the start of the year, no outlets opened, and no outlets closed for any reason. Therefore, the number of Even Hotels outlets at the end of 2022 remained at 1.
This information is useful for prospective franchisees as it provides a historical view of the brand's presence and stability in specific states. It shows the net change in the number of outlets over time, which can be an indicator of growth or contraction in a particular market. A potential franchisee could use this data to assess the brand's performance and market penetration in Illinois and other states of interest.