Choice Hotels logo

Choice Hotels

Hotels

Investment

$118,825

Initial Franchise Fee

$15,000 - $60,000

Units

7,151

Growth Rate

N/A

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Lodging
Founded 1939
Franchising Since 1972
Parent Company Choice Hotels Int'l.
Leadership Patrick Pacious, President/CEO
# of Employees at HQ 1345

Units and Growth Chart

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About Choice Hotels

Choice Hotels started with a small hotel chain in 1939. The company tried to launch innovations to keep itself ahead of the game. These innovations included being one of the first to offer 24-hour, toll-free reservations in 1970, using a global marketing and reservations system in 1983, implementing non-smoking rooms in 1984, and utilizing voice-enabled hotel bookings on the Google mobile app in 2019.

Choice Hotels has over 7,000 hotels worldwide. Over 5,500 of those franchises are located in the United States. The franchise works to offer guests a clean, comfortable stay that is memorable for all the right reasons.

Why You May Want To Start a Choice Hotels Franchise

Having the right franchisee for Choice Hotels can drastically affect how the franchise functions. If the franchise doesn’t perform well and the franchisee doesn’t care enough to fix things, guests will notice, which can negatively affect their experience.

Franchisees for Choice Hotels may need to have a few key characteristics. The first is good time management skills; this may be especially true if you operate and manage more than one location. The second characteristic is good leadership skills. Operating a hotel typically requires a relatively large amount of staff. The staff needs to operate like a well-oiled machine, so if the franchisee does not have good leadership skills, the franchise could suffer. The third characteristic is a willingness to learn. Choice Hotels keeps on top of industry innovations, and the company tries to be among the first to implement them within their franchises. If a franchisee is not open to learning new things, the franchise could keep from staying in front of the competition.

What Might Make a Choice Hotels Franchise a Good Choice?

Something that may set Choice Hotels apart from other hotel franchises is the different brands franchisees can choose from. Various choices may allow franchisees to pick what will work best in their area. It also may allow franchisees to have more than one revenue stream if they open more than one location or brand.

To be part of the Choice Hotels team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open a Choice Hotels Franchise

As you decide if opening a Choice Hotels franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Choice Hotels franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Choice Hotels offers franchisees training and support before opening a franchise in addition to ongoing training and support after opening. As you research Choice Hotels, make sure you write down questions to ask the team during training.

Investment Details

Initial Franchise Fee $15,000 - $60,000
Initial Investment $118,825 - $26,370,195
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Available Territories

Franchising opportunities available in the following regions

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Veterans program
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Ranking History

Choice Hotels performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022