EVEN Hotels vs WaterWalk Hotels and Apartments Franchise Comparison

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

Start-Up Costs and Fees

 
EVEN Hotels Franchise
WaterWalk Hotels and Apartments Franchise
Investment $16,697,959 - $24,459,635$19,960,000 - $25,430,000
Franchise Fee $75,000$50,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20122014
Year Franchised 20142014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
EVEN Hotels Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options

 
EVEN Hotels Franchise
WaterWalk Hotels and Apartments 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

 
EVEN Hotels Franchise
WaterWalk Hotels and Apartments 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

 
EVEN Hotels Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

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:



About WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.