Choice Hotels Int'l.
Hotels
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Choice Hotels Int'l.
Hotels

About
Founded

1939

Franchising Since

1962 (57 Years)

Corporate Address

1 Choice Hotels Cir.
Rockville, MD 20850

CEO

Steve Joyce

Ticker Symbol

CHH

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Classroom Training:

1 week

Additional Training:

Ongoing regional training

Absentee Ownership Allowed
Bio
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.
Cost
Initial Investment: Low - $88,050 High - $13,166,100
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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