What revenue sources are included in 'Food and Beverage' for Even Hotels?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
At its owned and leased hotels, the Company's performance obligation is to provide accommodation and other goods and services to guests. Revenue includes rooms revenue and food and beverage sales, which are recognized when the rooms are occupied and food and beverages are sold.
- (a) "Gross Revenue" means all revenues and income of any nature derived directly or indirectly from the Hotel or from the use or operation thereof, including without limitation room sales; food and beverage sales; telephone, fax and internet revenues; rental or other payments from lessees, subleases, concessionaires and others occupying or using space or rendering services at the Hotel (but not the gross receipts of such lessees, subleases or concessionaires); and the actual cash proceeds of business interruption, use, occupancy or similar insurance.
Licensee must provide food and beverage service in the Hotel as required by the Standards. If Licensee, one of its Affiliates or a third party, operates a branded restaurant adjacent to or inside the Hotel to serve as the restaurant for the Hotel, in addition to all other requirements of this License, Licensee must ensure, regardless of any conflict between this License and the restaurant's brand standards or other obligations, that such Affiliate or third party: (i) will operate the restaurant, with respect to guest life and safety standards, in compliance with the restaurant's brands standards, if any, and with all life and safety standards required by law or, if higher, by this License; (ii) will keep the restaurant open for meals during the hours required by IHG, (iii) will provide to Hotel guests all programs required by IHG, (iv) will allow Hotel guests eating in the restaurant or receiving room service from the restaurant to charge restaurant bills to their Hotel guest folio, (v) will not use or advertise any of the restaurant names, brands or trademarks together with the Marks unless specifically approved by IHG in writing, (vi) will honor at the restaurant all credit cards specified in the Standards and (vii) will include the restaurant in all guest satisfaction surveys and quality inspections and will allow IHG's inspection of the restaurant in accordance with this License and the Standards.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, revenue from hotel operations includes rooms revenue and food and beverage sales. This revenue is recognized when the rooms are occupied and food and beverages are sold.
Gross revenue for an Even Hotels location includes all revenues and income derived directly or indirectly from the Hotel. This includes food and beverage sales, along with room sales; telephone, fax, and internet revenues; rental or other payments from lessees, subleases, concessionaires, and others occupying or using space or rendering services at the Hotel. However, it does not include the gross receipts of such lessees, subleases, or concessionaires. It also includes the actual cash proceeds of business interruption, use, occupancy, or similar insurance.
The Even Hotels franchisee must provide food and beverage service in the Hotel as required by the Standards. If the franchisee, one of its affiliates, or a third party operates a branded restaurant adjacent to or inside the Hotel to serve as the restaurant for the Hotel, they must adhere to specific requirements. These include complying with guest life and safety standards, maintaining required hours, providing IHG-required programs to hotel guests, and allowing hotel guests to charge restaurant bills to their hotel folio. The restaurant must also honor specified credit cards, participate in guest satisfaction surveys and quality inspections, and allow IHG's inspection of the restaurant.