When was the 'Universal Redemption Vehicle' patent issued to SCH for Even Hotels?

According to the 2025 FDD, the 'Universal Redemption Vehicle' patent was issued to SCH (Six Continents Hotels) on September 19, 2019, by the USPTO (United States Patent and Trademark Office) under Patent No. 10,417,645. This patent, which supports the 'Redeem Anywhere' concept, is set to remain valid until April 20, 2026.

For a prospective Even Hotels franchisee, this information confirms that SCH possesses a utility patent relevant to its redemption program. The patent's existence and expiration date could be relevant if the franchisee plans to heavily utilize or market the 'Redeem Anywhere' concept. It also highlights the importance of staying informed about any potential changes or updates to the program as the patent's expiration date approaches.

It is important for franchisees to understand the terms and conditions associated with the use of patented technologies within the Even Hotels system. Franchisees should ensure they are compliant with all requirements related to the 'Redeem Anywhere' program and any other patented systems to avoid potential legal issues. Additionally, franchisees should monitor any communications from Even Hotels regarding updates or changes to the redemption program as the patent nears its expiration.