Choice Hotels Int'l. Franchise Information

Not Ranked

Initial Investment

LOW: $88,050

HIGH: $13,166,100

Change in Units

Fund Your Franchise with Guidant

Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1939

Franchising Since

1962 (54 Years)

Corporate Address

1 Choice Hotels Cir. Rockville, MD 20850

CEO

Steve Joyce

Ticker Symbol

CHH

About Choice Hotels Int'l.

In 1939, seven motor court owners in Florida met and decided they could be more successful working together, establishing standards for service and quality and helping each other to fill their rooms through a referral system. More and more owners joined and eventually the company, then Quality Courts United, decided to begin franchising. Today the company is known as Choice Hotels International, which includes 11 hotel brands ranging from the economy to upscale segments.

Financials

Financial Requirements

Initial Investment

$88,050 - $13,166,100

Net-worth Requirement

$750,000

Liquid Cash Requirement

$250,000

Ongoing Fees

Initial Franchise Fee

$10,000 - $60,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

Varies

Financing Options

Choice Hotels Int'l. has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives
  Development loans

Franchise 500® Rank History

Highest Rank: 41

Lowest Rank: 83

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 1 week

Additional Training: Ongoing regional training

Ongoing Support

Purchasing Co-ops

Newsletter

Meetings

Toll-Free Line

Grand Opening

Internet

Security

Field Operations

Marketing Support

Co-op Advertising

Ad Slicks

Regional Media

National Media

Absentee Ownership Allowed

Related Franchises

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Some lessons you shouldn't learn the hard way, like how a company treats the owners of its franchises.

Tom Scarda, CFE

2016-09-21 19:00:00

This Latest Food Mashup May Have Gone Too Far

The world's a strange place. A place where self-driving cars came before a hotdog-hamburger food combo and Cheetos Chicken Fries.

Entrepreneur Staff

2016-09-21 16:07:00

Be Your Own Boss: Insights From 3 Successful Franchisees

Want to shake things up and set out on your own? Here, business owners share their personal insights, explaining why – and how – they took the plunge themselves.

Entrepreneur Partner Studio Staff

2016-09-19 12:30:00

20 Signs You Might Need a New Franchise Coach

Conduct your due diligence on selecting a franchise coach helping you and beware of any of these warning signs.

Rick Bisio

2016-09-16 20:00:00

Ways To Choose The Right Franchise To Expand Your Business

Franchises are appealing to business leaders who intend to rapidly take their businesses to the next level.

Alka Gupta

2016-09-16 05:59:00

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 21st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Initial Investment

Change in Units

Promoted Opportunities

Company Profile

Founded

Franchising Since

Corporate Address

CEO

Ticker Symbol

About Choice Hotels Int'l.

Financials

Financial Requirements

Initial Investment

Net-worth Requirement

Liquid Cash Requirement

Ongoing Fees

Initial Franchise Fee

Ongoing Royalty Fee

Ad Royalty Fee

Financing Options

Franchise 500® Rank History

Units (Locations)

Operations & Franchisor Support

Related Franchises

Hampton by Hilton

Days Inn

IHG (InterContinental Hotels Group)

Super 8

Motel 6

Hilton Garden Inn

Homewood Suites by Hilton

Doubletree by Hilton

Related Articles

Disclaimer

Regions/States List

More Franchise Rankings

Franchise Categories

Previous Years Rankings