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Updated RecentlyEVEN Hotels vs Element Hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EVEN Hotels vs Element Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $16,697,959 - $24,459,635 | $10,972,610 - $30,445,500 |
| Franchise Fee | $75,000 | $60,000 |
| Royalty Fee | 5% | 5.5% |
| Advertising Fee | - | - |
| Year Founded | 2012 | 1997 |
| Year Franchised | 2014 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About EVEN Hotels
!["EVEN]("https://fddexchange.com/wp-content/uploads/2019/02/EVEN-Hotels.png")
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 Element Hotels
!["Element]("https://fddexchange.com/wp-content/uploads/2020/02/Element-Hotels-1.jpg")
Inspired by Westin, Element® is transforming the extended stay segment
with bright, modern design, eco-conscious practices and an innovative
guest experience that resonates with today’s traveler. From spacious
guest rooms featuring fully equipped kitchens to spa-inspired bathrooms,
guests have space to live their lives.
Element is a smarter, better place to stay.