How often will Even Hotels franchisees be invoiced for fees associated with the PMS Solution?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.2 Invoicing and Payment.
IHG may designate an IHG Affiliate to manage invoicing and collections under this Agreement.
IHG or an IHG Affiliate shall invoice Hotel each month for the fees associated with the PMS Solution set forth on the cover page of this Agreement.
The Parties acknowledge and agree that the invoicing party is the service provider to Hotel.
Hotel shall pay IHG or the designated IHG Affiliate the fees invoiced for payment in line with existing payment terms between IHG and Hotel under the Hotel Agreement.
- 3.3 Interest on Late Payments.
Hotel will pay interest on all amounts that become past due at the lesser of (a) one percent (1%) per month; or (b) the highest rate allowed by Law.
- 3.5 Taxes.
All Taxes resulting from the provision of the PMS Solution under this Agreement shall be the responsibility of Hotel.
If IHG or an IHG Affiliate is required to pay any such Taxes or penalties or interest relating thereto, IHG or an IHG Affiliate will provide an invoice for such amounts and Hotel will pay such amounts within thirty (30) days of the date of the invoice.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, franchisees will be invoiced monthly for fees associated with the PMS (Property Management System) Solution. IHG (InterContinental Hotels Group) or an IHG Affiliate will manage the invoicing and collections, sending invoices to the franchisee each month for the PMS Solution fees as detailed on the agreement's cover page.
The franchisee is obligated to pay these invoiced fees in accordance with the existing payment terms established between IHG and the hotel under the Hotel Agreement. This means the payment schedule and methods will align with the broader financial arrangements already in place. The invoicing party, whether IHG or its affiliate, is considered the service provider to the hotel for these PMS Solution services.
Late payments are subject to interest charges. Even Hotels franchisees will incur interest on any overdue amounts, calculated at the lesser of one percent (1%) per month or the highest rate permitted by law. This underscores the importance of timely payments to avoid additional costs. All taxes resulting from the PMS solution are the responsibility of the franchisee. If IHG or an IHG Affiliate is required to pay any such taxes, penalties, or interest, they will invoice the franchisee, who must pay the invoiced amount within thirty (30) days.