What was the total number of Even Hotels outlets in Florida at the end of 2024?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Renewals | by Franchisor | Operations – Other Reasons | at End of Year | | Colorado | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 Table 3 includes hotels that an affiliate of Holiday manages, but others own. As of December 31, 2024, Holiday's affiliates managed 5 EVEN Hotels.
88
| (Col. 1) State | (Col. 2) Year | (Col. 3) Outlets at Start of Year | (Col. 4) Outlets Opened | (Col. 5) Terminations | (Col. 6) Non Renewals | (Col. 7) Reacquired by Franchisor | (Col. 8) Ceased Operations – Other Reasons | (Col. 9) Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 |
Source: Item 20 — OUTLETS AND LICENSEE INFORMATION LICENSED STORE STATUS SUMMARY (FDD pages 94–98)
What This Means (2025 FDD)
According to Even Hotels's 2025 Franchise Disclosure Document, at the end of 2024, there were two Even Hotels outlets in Florida. The FDD provides a detailed breakdown of outlet activity by state, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and the number of outlets at the end of the year. This information is crucial for prospective franchisees to understand the brand's growth and stability in specific markets.
For Florida, the data shows that in 2022, there were two outlets at the start of the year, with no changes, resulting in two outlets at the end of the year. The same pattern continued in 2023 and 2024, with two outlets at the beginning of each year and no additional openings, terminations, or other changes, leaving two outlets at the end of 2024. This indicates that Even Hotels has maintained a consistent presence in Florida during this period, without any expansion or contraction.
This type of historical data is typical in franchise disclosure documents, allowing potential franchisees to assess the performance and trends of the franchise system. The absence of growth in Florida during these years could be interpreted in various ways, such as a stable market presence or a lack of strategic focus on expansion in that state. A prospective franchisee should discuss these trends with Even Hotels to understand their plans for the Florida market and the potential for future growth.