What is the patent number for the 'Universal Redemption Vehicle' used by Even Hotels?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
On September 19, 2019 the USPTO issued SCH a utility patent for a "Universal Redemption Vehicle" (which vehicle supports the "Redeem Anywhere" concept) under Patent No. 10,417,645. This patent is valid until April 20, 2026.
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD page 85)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the 'Universal Redemption Vehicle,' which supports the 'Redeem Anywhere' concept, is protected by U.S. Utility Patent No. 10,417,645. This patent was issued on September 19, 2019, and is valid until April 20, 2026.
This means that Even Hotels has exclusive rights to this technology until the patent expires. As a franchisee, you benefit from using a patented system, which could provide a competitive advantage. However, it's important to note the expiration date, as the technology may become open for others to use after April 20, 2026, potentially reducing any competitive edge it currently provides.
Prospective franchisees should understand the implications of using patented technology, including any restrictions or requirements associated with its use. It would be prudent to inquire about any plans Even Hotels has for extending or replacing this technology as the expiration date approaches to ensure continued innovation and competitive advantage.