Small Business Resources, Business Advice and Forms from AllBusiness.com
 

Franchise Directory

Explore hundreds of top franchise opportunities

Choice Hotels International

Hotel
This company offers a lot of hospitality choices. Choice Hotels is a leading hotel franchisor with more than 5,500 locations in the US and about 40 other countries. Its flagship brands include Comfort Inn, one of the largest limited-service brands with about 2,400 properties; and Quality Inn, which serves the midscale hotel segment through more than 1,200 locations. Its Econo Lodge chain offers lodging primarily for budget-minded travelers. Other brands include the full-service Clarion chain, Rodeway Inn budget hotels, and Sleep Inn. Chairman Stewart Bainum and his family own nearly 50% of the company.
Why This Company Makes Our AllStar List
Choice Hotels experienced strong growth in 2009, moving from a growth ranking of #67 last year to #39. The company also boasts standout longevity (#2), Web visibility (#4) and brand awareness (#14). Choice moved down slightly on our AllStar list this year because its financial strength ranking dropped from #67 to #222. Choice is #1 on our Top 10 list of Franchising Pioneers.

Longtime Marriott CEO Steve Joyce took over as CEO of Choice Hotels International last year; the company plans to acquire new brands this year.

At a time when many franchisees are cutting back on minority outreach, Choice Hotels is still committed to offering financial assistance and support programs for minority entrepreneurs. Choice Hotels is also giving back by partnering with Rebuilding Together, a project that repairs homes for low-income families.

Last Year's AllStar Rank: 3

Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
franchise - icon - badge

AllStar Franchise

AllStar Rank: 8 See All AllStar Franchises
Choice Hotels International
10750 Columbia Pike
Silver Spring, MD 20901
301-592-5000
Franchise - button - buy report

Fast Facts

Year established1939
Franchising since1939
Can be run from home?Yes
Multiple units must be purchased in U.S.No
Multiple units must be purchased outside U.S.No
Absentee ownership allowed?Yes

Franchise Unit Growth Rate

YearU.S.
Franchises
Non-U.S.
Franchises
Company-Owned
Locations
2009 4,812 1,102 3
2008 4,593 1,116 0
2007 4,445 1,125 0

Expanding in These Locations

Worldwide, United States
Costs
Total Investment $2,500,000 - $15,500,000
Franchise FeeVaries
Royalty FeeVaries
Financial Requirements
Net Worth
Liquid Capital
Financing
Does franchisor offer financing?No
Is franchisor on the SBA's Franchise Registry?Yes
Is franchisor a member of the IFA's VetFran program?No
franchise - icon - badge

AllStar Franchise

AllStar Rank: 8 See All AllStar Franchises
Choice Hotels International
10750 Columbia Pike
Silver Spring, MD 20901
301-592-5000
Franchise - button - buy report
Content provided by Hoovers.com

Choice Hotels International, Inc.

This company offers a lot of hospitality choices. Choice Hotels is a leading hotel franchisor with more than 5,500 locations in the US and about 40 other countries. Its flagship brands include Comfort Inn, one of the largest limited-service brands with about 2,400 properties; and Quality Inn, which serves the ...
Company Type:Public
Employees:1,816
1 Year Employee Growth:-2.4%
Executives:Stewart Bainum Jr., ChairmanDavid L. White, SVP, CFO, and TreasurerGary Thomson, SVP and CIO
Sales:$615,500,000
1 Year Sales Growth:13%
Net Income:$111,300,000
1 Year Net Income Growth:-1.3%
See More Financials
Industries:Mid-Priced Hotels & Motels
See More Industries
Top Competitors:Carlson HotelsMarriottWyndham Worldwide
franchise - icon - badge

AllStar Franchise

AllStar Rank: 8 See All AllStar Franchises
Choice Hotels International
10750 Columbia Pike
Silver Spring, MD 20901
301-592-5000
Franchise - button - buy report

Franchise Finder

franchise_sb_icon
Find your perfect franchise
Choose your location and industry and we'll show you the most relevant franchises.
Industry:
Location:
Optional: