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What was the net change in the number of total Even Hotels outlets in 2024?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

(Column 1) Outlet Type (Column 2) Year (Column 3) Outlets at the Start of the Year (Column 4) Outlets at the End of the Year (Column 5) Net Change
Licensed 2022 19 19 0
2023 19 19 0
2024 19 22 +3
Company-Owned 2022 0 0 0
2023 0 0 0
2024 0 0 0
Total Outlets 2022 19 19 0
2023 19 19 0
2024 19 22 +3

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, the net change in the number of total Even Hotels outlets in 2024 was +3. Specifically, the number of total outlets started at 19 at the beginning of 2024 and ended the year at 22. This indicates a growth in the number of Even Hotels locations during that year.

This information is valuable for potential franchisees as it provides insight into the brand's growth trajectory. A positive net change suggests that the franchise system is expanding, which can be a sign of a healthy and attractive business opportunity. However, it is important to consider the overall number of outlets and the rate of growth in relation to the franchise's maturity and market saturation.

It is also worth noting that all of the Even Hotels locations are licensed, not company-owned. This is a common arrangement in the hotel franchising industry, where individual owners operate under the brand's license. Prospective franchisees should further investigate the reasons behind this structure and its potential impact on their investment and operational control.

While a net increase of 3 outlets may seem modest, it is essential to evaluate this growth in the context of the brand's overall strategy and market conditions. Potential franchisees should research the locations of these new outlets and assess their performance to gain a comprehensive understanding of the franchise's growth potential.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.