Hyatt vs EVEN Hotels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hyatt vs EVEN Hotels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hyatt Franchise
EVEN Hotels Franchise
Investment $44,648,500 - $1,541,430,000$16,697,959 - $24,459,635
Franchise Fee $60,000 - $100,000$75,000
Royalty Fee -5%
Advertising Fee --
Year Founded 19572012
Year Franchised 20052014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hyatt Franchise
EVEN Hotels Franchise
Experience --

Financing Options

 
Hyatt Franchise
EVEN Hotels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Hyatt Franchise
EVEN Hotels Franchise
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

 
Hyatt Franchise
EVEN Hotels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Hyatt

An upscale select service hotel with a modern attitude. Designed for multi-tasking travelers seeking a select service hotel, Hyatt Place properties offer smart design and a relaxed setting with a 24/7 guest kitchen and grab n go case. Located in urban, airport and suburban areas, Hyatt Place features casual hospitality in a contemporary, technology-enabled environment. Sixteen new Hyatt Place hotels opened in North America in 2010 and more than 30 are under development in the U.S., India, Panama, Costa Rica and the Netherlands.

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About EVEN Hotels

"EVEN

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: