EVEN Hotels delivers wellness-focused accommodations with modern design, in-room fitness, healthy dining, and restorative sleep options. The franchise caters to health-conscious travelers.
Key Insights
- EVEN Hotels emerged when founders recognized significant opportunities to transform traditional service delivery methods within their market, developing innovative approaches that addressed specific customer pain points and established new standards for quality and reliability in the industry.
- Guest experience design focuses on anticipating visitor needs and providing amenities that exceed expectations while creating memorable stays, incorporating feedback systems and continuous improvement processes that ensure consistent quality and satisfaction across all aspects of the hospitality experience.
- Consumer education and awareness drive increasing demand for higher quality and more specialized service options, benefiting businesses that can demonstrate expertise, reliability, and value while building trust through consistent performance and professional service delivery.
Franchise Fee and Costs to Open
Exploring the financial picture of EVEN Hotels gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $17,743,001 - $27,410,450, along with a franchise fee of $75,000 - $75,000.
Financial Performance and Revenue
Training and Resources
EVEN Hotels provides comprehensive training for new franchisees. This program offers in-depth operational guidance and brand immersion. Initial training lasts for a period of five weeks and is conducted at a designated EVEN Hotels training facility. The franchisor also offers a robust suite of resources, including operational manuals and ongoing support, to assist in the launch and continued success of each EVEN Hotels location.
Legal Considerations
Legal considerations for a EVEN Hotels franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating an EVEN Hotels franchise presents considerations regarding local market competition, requiring strategic differentiation to capture guest segments focused on wellness and healthy living. The operational complexity of maintaining brand standards for fitness amenities and healthy F&B options demands consistent staff training and efficient inventory management. Reliance on specific purveyors for wellness-focused products may also require careful vendor selection and relationship management to ensure availability and quality.
Franchise Datasheet
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