Post 200: Top D.C.-Area Businesses

Choice Hotels International / CHH

A Choice Hotel lobby.

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

As of Dec. 31, Choice had 5,827 hotels open and more than 1,000 under development under 11 brands, including Comfort Inn, Sleep Inn, EconoLodge and Cambria Suites. It's one of the largest hotel franchisers in the world. Revenue per available room, a key measure of hotel performance, dropped in 2008, and Choice expects the number of new franchise agreements to continue to decline this year as hospitality financing is limited.

Chairman: Stewart Bainum Jr.

President and CEO: Stephen P. Joyce

2008 Financial Data

Revenues: $641,680,000 | Net Income: $100,211,000
Asssets: $328,219,000 | Earnings Per Share: $1.60
Stockholder Equity: $-137,670,000 | Annual Dividend: $0.71
Total employees: 1,703 | Local employees: 431

Meet the CEO

Stephen P. Joyce, President and CEO of Choice Hotels International

Stephen P. Joyce
Meet Stephen Joyce, president and future CEO of Choice Hotels International.

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