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What was the total revenue for Even Hotels in 2024 (in thousands)?

Q: What was the total revenue for Even Hotels in 2024 (in thousands)?

y, no such opinion is expressed. - x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements. - x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governa Source: Item 23 — RECEIPTS (FDD pages 99–438)

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

y, no such opinion is expressed.

x Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements.
x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governa

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, the total revenue for the brand in 2024 was $3,753,900. This figure encompasses several revenue streams, including fee business, hotel operations, other sources, and System Fund and reimbursable revenues. This indicates the overall financial scale of the Even Hotels system.

Breaking down the revenue components, fee business contributed $896,837, hotel operations generated $92,579, other sources accounted for $339,236, and System Fund and reimbursable revenues totaled $2,425,248. The System Fund and reimbursable revenues make up a substantial portion of the total revenue, suggesting the importance of these system-wide contributions to the overall financial picture of Even Hotels.

For a prospective franchisee, understanding these revenue streams is crucial. It provides insight into how Even Hotels generates income and how the franchisee's contributions to the System Fund will be utilized. It's also important to note that these figures represent the total revenue for the entire Even Hotels system, not the revenue of an individual franchise location. A potential franchisee should investigate further to understand the revenue potential of a specific Even Hotels location and how it contributes to, and benefits from, these overall revenue streams.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.

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