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
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: $100,211,000Asssets: $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
Meet Stephen Joyce, president and future CEO of Choice Hotels International.