What was the total number of Even Hotels franchise transfers in 2022?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY]
| (Column 1) State | (Column 2) Year | (Column 3) Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY (FDD pages 94–98)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, there were zero franchise transfers in 2022. The table provided in Item 20 of the FDD, titled "Transfers of Franchised Outlets to New Owners (Other than Franchisor) For Years 2022 to 2024," indicates that the total number of transfers for Even Hotels franchises in 2022 was 0.
This means that no existing Even Hotels franchises were sold to new owners during that year. Franchise transfers can be an important indicator of the health and stability of a franchise system. A high number of transfers might suggest that franchisees are struggling or looking to exit the business, while a low number, as in this case, could indicate stability within the Even Hotels franchise system.
Prospective franchisees should consider this information in conjunction with other data in the FDD, such as the number of terminations, non-renewals, and the overall financial performance of existing franchises, to get a comprehensive understanding of the risks and opportunities associated with investing in an Even Hotels franchise.