Choice Hotels International / CHH
A Choice Hotel lobby. (Photo: Shira Yudkoff - washingtonpost.com)
About Choice Hotels International
10750 Columbia Pike, Silver Spring, Md. 20901
www.choicehotels.com
| 301-592-5000
| Founded: 1968
Industry: Hospitality And Travel | Category: Public Companies
Choice Hotels is a lodging franchisor with about 5,300 hotels worldwide. Its 10 brands are mostly at the cheaper end of the travel spectrum, including Comfort Inn, Quality, Clarion and Econo Lodge. Franchisees run the hotels and pay Choice a fee. As the economy slows, Choice appears well positioned for budget-minded travelers. Also, some independent hotels squeezed for business during downtimes convert to Choice to take advantage of the company's reservations system.
Chairman: Stewart Bainum Jr.
President and CEO: Stephen P. Joyce
2007 Financial Data
Revenues: $615,494,000 | Net Income: $111,301,000Asssets: $328,384,000 | Earnings Per Share: $1.70
Stockholder Equity: $-157,060,000 | Annual Dividend: $0.64
Total employees: 1,760 | Local employees: 411
Company Leadership
| Charles A. Ledsinger | Vice Chairman, Chief Executive Officer |
| Fiona Dias | Director |
| William L. Jews | Director |
| Stephen P. Joyce | President, Chief Operating Officer and Director |
| Scott A. Renschler | Director |
| John T. Schwieters | Director |
| Ervin R. Shames | Director |
| Gordon A. Smith | Director |
| David Sullivan | Director |
| Stewart Bainum Jr. | Chairman |
| Charles A. Ledsinger Jr. | Vice Chairman and Chief Executive Officer |
Source: Compensation data provided by Equilar, Inc..
| Charles A. Ledsinger Jr. Vice Chairman and Chief Executive Officer | $4,596,383 Salary: $790,385 |
Did You Know
SPUN OFF: Choice Hotels was formerly a subsidiary of Manor Care, a nursing-home operator purchased last year by the Carlyle Group.
Meet the CEO
Stephen P. Joyce
Meet Stephen Joyce, president and future CEO of Choice Hotels International.
