Under the IHG Direct Participation Agreement, who is the agreement between for Even Hotels?

According to the 2025 FDD, the IHG Direct Participation Agreement is made between Six Continents Hotels, Inc., a Delaware corporation ("IHG") and the Participating Property, which in this case would be the Even Hotels franchisee. This agreement allows IHG to provide goods and services to Participating Properties through contracts negotiated with various suppliers.

This agreement means that Even Hotels franchisees will be directly contracting with IHG for certain goods and services, rather than independently sourcing them. IHG leverages its size to negotiate favorable terms with suppliers, and the Participation Agreement formalizes the arrangement for providing these goods and services to franchisees.

The Participation Agreement outlines the responsibilities and obligations of both IHG and the Even Hotels franchisee. It is important for prospective franchisees to carefully review the terms of the Participation Agreement to understand their rights and obligations, including any fees, compliance requirements, and limitations of liability.