What was the total number of Even Hotels outlets at the end of 2023?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY]
| (Column 1) Outlet Type | (Column 2) Year | (Column 3) Outlets at the Start of the Year | (Column 4) Outlets at the End of the Year | (Column 5) Net Change |
|---|---|---|---|---|
| Licensed | 2022 | 19 | 19 | 0 |
| 2023 | 19 | 19 | 0 | |
| 2024 | 19 | 22 | +3 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 19 | 19 | 0 |
| 2023 | 19 | 19 | 0 | |
| 2024 | 19 | 22 | +3 |
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 a total of 19 outlets at the end of 2023. Specifically, these were all licensed locations; Even Hotels did not have any company-owned outlets during that year. This number remained consistent from the start to the end of 2023, indicating no net change in the number of operational Even Hotels locations.
For a prospective franchisee, this information indicates the size and stability of the Even Hotels system. The fact that the number of outlets remained constant in 2023 suggests a stable market presence. However, it is important to note that there were no new openings or closures during this period, which could reflect a period of consolidation or slower growth.
It is also worth noting that the FDD includes data on outlets by state, which could be useful for a franchisee considering a specific geographic area. Additionally, the document lists projected new licensed hotels for the upcoming fiscal year, offering insight into the brand's growth strategy. Reviewing the list of current and former franchisees is also recommended to gain further understanding of the franchise system.