When will Even Hotels receive the quote defining the exact amount of the NGP fee?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Your monthly NGP fee may increase according to the terms of the NGP agreement signed at install (no more than a 5% increase from your original quoted rate), based on increases in costs incurred by SCH to provide the service. The exact amount of the fee will be defined on the quote received prior to installation.
Source: Item 6 — OTHER FEES (FDD pages 30–52)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the exact amount of the Next-Gen Payment (NGP) fee will be defined on a quote that the franchisee receives prior to the installation of the NGP program at their hotel. This fee covers the hardware and software support administered by SCH, with monthly billing commencing upon activation of the NGP program.
The NGP program is mandatory for all Even Hotels franchisees, or any successor payment program implemented by SCH. Franchisees are also required to enter into agreements with Fiserv, the SCH-approved merchant service provider.
The monthly NGP fee may be subject to increases, but these increases are capped at no more than 5% of the original quoted rate. This adjustment accounts for potential cost increases incurred by SCH in providing the service. Franchisees should carefully review the terms of the NGP agreement signed at installation to fully understand the fee structure and potential for future adjustments.