EVEN Hotels vs Tempo by Hilton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EVEN Hotels vs Tempo by Hilton 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 | $16,056,445 - $76,966,375 |
Franchise Fee |
$75,000 | $75,000 |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
2012 | 2007 |
Year Franchised |
2014 | 2020 |
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 | 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 Tempo by Hilton
Hilton expects the first Tempo property to open in 2021 and is looking
to target mainly urban and surban (areas just outside a major city that
still offer a range of urban amenities) markets.Hilton has long championed the efficiencies of multi-brand
properties, and Tempo by Hilton will pursue those opportunities when
they are a good fit for a particular destination.
Currently,
there’s neither a set cost per key nor a minimum/maximum on room
counts. The numbers will be market dependent, although the company
anticipates 150 keys on average and is positioning Tempo to compete at
roughly a 15 percent higher average daily rate than a Hilton Garden Inn
in the same market.