EVEN Hotels vs Aloft hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EVEN Hotels vs Aloft hotels 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 | $10,358,360 - $26,620,860 |
Franchise Fee |
$75,000 | $185,050 - $258,650 |
Royalty Fee |
5% | 5.5% |
Advertising Fee |
- | - |
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 | 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 Aloft hotels
Aloft Hotels caters to today’s modern traveler who craves jet-setting
style and a vibrant social scene at an affordable price. Urban-inspired
design, accessible technology and innovative programing centering on
music and F&B make Aloft unique to the traditional hotel landscape.
The total investment necessary to begin operation of a newly-constructed
prototypical Aloft Hotel, excluding the cost of real estate and related
costs (building permit, tap, and impact fees), ranges from $10,358,360
to $21,797,660 for an 80 to 110-guestroom Aloft Hotel to $13,906,160 to
$26,620,860 for a 120 to 150-guestroom Aloft Hotel. This includes
approximately $185,050 to $258,650 that must be paid to the franchisor
or an affiliate.