Rodeway Inns vs EVEN Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rodeway Inns vs EVEN Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$118,825 - $572,495 | $16,697,959 - $24,459,635 |
Franchise Fee |
$15,000 | $75,000 |
Royalty Fee |
4.5% | 5% |
Advertising Fee |
1.25%-3.5% | - |
Year Founded |
- | 2012 |
Year Franchised |
- | 2014 |
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 |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Rodeway Inns
You’re all about the basics and you want the same in a hotel brand. The easy to operate, iconic Rodeway Inn is familiar to most travelers for its emphasis on value.
The total investment necessary to convert an existing hotel and begin
operation of a 67-room Rodeway Inn hotel franchise is between
$118,825-$572,495. This includes the following fees that must be paid to
the franchisor or its affiliates as follows: an affiliation fee of $125
per room for new construction and $375 per room for transfers and
renewals, $15,000 minimum; a property management system software license
and systems training fee of between $5,250 and $9,250; and orientation
and hospitality training fees of between $0 and $3,245 per person. These
sums do not include the cost of any real estate taxes.
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.