Hyatt Place Hotels vs EVEN Hotels Franchise Comparison

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

Start-Up Costs and Fees

 
Hyatt Place Hotels Franchise
EVEN Hotels Franchise
Investment $15,269,000 - $30,124,500$16,697,959 - $24,459,635
Franchise Fee $60,000 - $100,000$75,000
Royalty Fee -5%
Advertising Fee --
Year Founded 20052012
Year Franchised 20052014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hyatt Place Hotels Franchise
EVEN Hotels Franchise
Experience --

Financing Options

 
Hyatt Place Hotels 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 Place Hotels 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 Place Hotels Franchise
EVEN Hotels Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Hyatt Place Hotels

"Hyatt
At Hyatt Place we do things differently. We combine style, innovation and 24/7 convenience to create a perfectly seamless stay with every modern comfort you deserve. You never have to settle for any place less than Hyatt Place.
- Free Wi-Fi, everywhere
-A.M. Kitchen Skilletâ„¢ breakfast served daily, free with your stay
- 24/7 Gallery Menu
- Lobby Bar open daily
- Roomy Rooms including the Cozy Corner with sectional sofa
- Swiveling HDTVs and plush Hyatt Luxury Pillowtop Mattress in all guestrooms
- Necessities for forgotten essentials
- Over 350 locations worldwide


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: