To whom is the Even Hotels royalty fee payable?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
ly earned when paid and are not refundable under any circumstances.
ITEM 6 OTHER FEES
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS |
|---|---|---|---|
| Royalty | |||
| Royalty | 5% of Gross Rooms Revenue (“GRR”). | Monthly, on the 15th of the following month (Payable to Holiday) | Note 1 |
| Casualty Royalty | 2% of GRR based on average GRR for preceding 12 months | Monthly, on th |
Source: Item 6 — OTHER FEES (FDD pages 30–52)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the standard royalty fee, which is 5% of Gross Rooms Revenue (GRR), is payable to Holiday. This payment is due monthly, specifically on the 15th of the following month.
In addition to the standard royalty, Even Hotels franchisees may also be subject to a "Casualty Royalty" fee of 2% of GRR, based on the average GRR for the preceding 12 months, which is also payable to Holiday on the 15th of the following month.
Understanding to whom fees are paid is crucial for franchisees as it dictates where their payments are directed. In the case of Even Hotels, the royalty and casualty royalty fees are specifically directed to 'Holiday', which is likely a parent company or affiliate within the InterContinental Hotels Group (IHG) system. Franchisees should confirm the exact legal relationship between Even Hotels and Holiday to fully understand the financial structure.