USX:CHH - Choice Hotels International Inc Choice Hotels International In
Sector: Consumer Discretionary, Industry: Hotels, Resorts & Cruise Lines
Next Earnings: 7 May 2024
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USD 126.35    -1.55 (-1.21%)

28 Mar 2024


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General

CEO: Mr. Patrick S. Pacious

IPO: 1997-09-16

Headquarters: US

Employees: 1,836

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Description

As of Dec. 31, 2023, Choice Hotels operated 633,000 rooms across 15 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added around 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 79% of total rooms in 2023.

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