Choice Hotels International, Inc · Silver Spring, MD United States · (NYSE: CHH)
Company Description
More Companies in: Silver Spring, Maryland
More Companies in These Related Industries: Hotels & Motels
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This link will open in a new window This company offers a lot of hospitality choices. Choice Hotels is a leading hotel franchisor with more than 5,800 locations in the US and more than 30 other countries. Its flagship brands include Comfort Inn, one of the largest limited-service brands with about 2,500 properties; and Quality Inn, which serves the midscale hotel segment through more than 1,200 locations. Its Econo Lodge chain offers lodging primarily for budget-minded travelers. Other Choice Hotels brands include the full-service Clarion chain, Rodeway Inn budget hotels, and Sleep Inn. The company operates in Europe through Choice Hotels Europe . Chairman Stewart Bainum and his family own nearly 50% of the company. To read the full description, subscribe now.
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Key Choice Hotels International, Inc Financials
| Company Type | Public - NYSE: CHH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $641.7 |
| 2008 Employees | 1,789 |
Choice Hotels International, Inc Executives
36 executives listed for Choice Hotels International, Inc's Silver Spring, MD location.
| Title | Name & Bio | Contact |
| Chairman | Stewart Bainum | |
| Vice Chairman | Charles Ledsinger | |
| President and CEO | Stephen Joyce |
Competition
Competitive Landscape for Choice Hotels International, Inc
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Choice Hotels International, Inc Competitors
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