Choice Hotels International Inc - Company Profile
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Choice Hotels International Inc (Choice Hotels) operates hotel properties in the US and globally. The company provides a wide range of hotel services in the economy, mid-scale, and upscale segments. It operates hotels under several brands such as Comfort Suites, Quality, Comfort Inn, Econo Lodge, Clarion, Sleep Inn, MainStay Suites, Rodeway Inn, Cambria hotels & suites, Suburban Extended Stay Hotel, WoodSpring Suites, Clarion Pointe, Everhome Suites, and Ascend Hotel Collection. It also develops and sells cloud-based technology products including inventory management, pricing and connectivity to non-franchised hoteliers and third-party channels through choiceADVANTAGE. The company undertakes domestic franchising operations through direct franchising relationship and it manages international franchise operations through direct franchising and master franchising. It has a presence across Asia-Pacific, Latin America, Northern America, Europe, and the Middle East. Choice Hotels is headquartered in Rockville, Maryland, the US.
Headquarters
United States of America
Address
915 Meeting Street, Suite 600, North Bethesda, Maryland, 20852
Website
www.choicehotels.com/en-in
Telephone
1 301 5925000
No of Employees
1,800
Industry
Leisure and Arts
Ticker Symbol & Exchange
CHH (NYSE)
Revenue (2022)
$1.5B
12%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-22.2%
(2022 vs 2021)
Market Cap*
$6.0B
Net Profit Margin (2022)
XYZ
-30.5%
(2022 vs 2021)
* As of and is in US$
Choice Hotels International Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Accommodation | Comfort Inn |
| Management of Hotel Franchises | Comfort Suites |
| Quality | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In March, the company withdrew the acquisition offer for Wyndham Hotels & Resorts shares. |
| 2024 | Plans/Strategy | In March, the company announced its plans to open Everhome Suites in Newnan, Georgia, the US. |
| 2024 | Corporate Changes/Expansions | In February, the company opened Cambria Hotel Burbank Airport in California, the US. |
Competitor Comparison
| Key Parameters | Choice Hotels International Inc | Marriott International Inc | Hyatt Hotels Corp | Accor SA | Autograph Collection |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | France | United States of America |
| City | North Bethesda | Bethesda | Chicago | Issy-Les-Moulineaux | Bethesda |
| State/Province | Maryland | Maryland | Illinois | Ile-de-France | Maryland |
| No. of Employees | 1,800 | 148,000 | 51,000 | 223,279 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stewart W. Bainum, Jr. | Chairman | Executive Board | 1997 | 76 |
| Patrick S. Pacious | Chief Executive Officer; Director; President | Executive Board | 2017 | 57 |
| Scott E. Oaksmith | Chief Financial Officer | Senior Management | 2023 | - |
| Elizabeth Redmond | Chief Accounting Officer | Senior Management | 2020 | - |
| Anna Scozzafava | Senior Vice President - Technology; Chief Strategy Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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