EVEN Hotels vs Hotel RL Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EVEN Hotels vs Hotel RL including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$16,697,959 - $24,459,635 | $1,335,000 - $36,191,500 |
Franchise Fee |
$75,000 | $40,000 - $75,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
- | 3.5% |
Year Founded |
2012 | 2005 |
Year Franchised |
2014 | 2005 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: Varies
Classroom Training: Varies
| - |
Support |
Ongoing Support
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| - |
Marketing |
Ad Templates
National Media
SEO
Website development
Loyalty program/app
| - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About EVEN Hotels
The EVEN Hotels brand helps travellers make healthier choices that
impact every aspect of their personal wellness at an affordable price
point. The brand is focused on ensuring guests Eat Well, Rest Easy, Keep
Active and Accomplish More:
- REST EASY: EVEN Hotels provides a signature sleep
experience which includes Simmons Beautyrest Pillowtop Mattresses and
colour LED mood lighting so guests can create a relaxing and calming
environment to recharge and rejuvenate.
- KEEP ACTIVE: EVEN Hotels offers a variety of
options for guests to stay active, physically or mentally with a best in
class gym Active Studio and in-room fitness zone - whether guests have
15 minutes or an hour, EVEN Hotels provides multiple, easy access
fitness options.
- EAT WELL: EVEN Hotels provides a variety of
healthier to indulgent options for food and beverage to fuel up for day
and options to unwind in the evening.
- ACCOMPLISH MORE: EVEN Hotels provides options to
enable guests to maximize their productivity with an inviting public
space or in the guestroom.
About Hotel RL
Hotel RL is an experience of all things authentic, creative and curious.
Offering a taste of the local scene in a laid-back environment, we
invite open-minded travelers to work, play and pursue their passions
freely. Made for explorers and curious minds, Hotel RL captures the spirit of
adventure and creativity within comfortable and modern conveniences
designed for a new generation of traveler, complete with exciting
lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance
spaces, and more surprises along the way. Stay Curious.
The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range
between $27,849,250 to $36,191,500 for new development and $1,335,000 to
$4,001,500 for conversion hotels. These amounts include $90,500 to
$111,000 that must be paid to the franchisor. These amounts do not
include the cost of purchasing or leasing land or any real estate taxes.