Choice Hotels
Description
As a leading hotel franchisor, Choice Hotels International has more than 60 years experience in developing brands and services that optimize hotel performance. Our single focus is on enhancing the return on investment for our owners and growing our brands strategically.
We have over 5,000 properties open or under development in 44 nations and spend more than $50 million annually to market our brand names to travelers in local, regional, national, and international markets. Our diversified portfolio of brands includes Cambria Suites, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Mainstay Suites, Suburban Suites, Econo Lodge, Rodeway Inn, and Clarion Ascend.
Background
Established: 60 years experience
Franchised Units: Over 5,000
Company Owned Units: 0
Projected New Units (12 Months): Choice Hotels International is seeking over 400 new franchise agreements for its 11 hotel brands.
Financial
Cash Investment: 30-40% of total project costs
Total Investment: $4M - $13M, plus the land
Minimum Net Worth: Varies
Franchise Fee: $ 30K - $60K depending upon brand
Royalty: 3.5% to 9.5% depending upon brand
Marketing: 1.25% to 3.5% depending upon brand
Reservation: 1.25% to 1.75% depending upon brand
Average Number Of Employees: Varies
Passive Ownership: Yes
Support and Training
Site Selection Assistance: Yes
Feasibility Study Support: Yes
Financial Lender Support: Yes
Co-Operative Advertising: Yes
Training: New franchisees and their General Managers are required to attend a week-long training session at corporate headquarters.
| Industry: Hospitality and Hotels |
Capital: $100,000,000 |
Choice Hotels is available in the following locations:
| AK | Anchorage , Fairbanks , Juneau |
| AL | Birmingham , Montgomery , Huntsville , Mobile |
| AR | |
| AZ | Phoenix , Tucson , Mesa , Glendale , Chandler , Scottsdale |
| CA | Los Angeles , San Diego , San Jose , Long Beach , San Francisco , Fresno , Sacramento , Oakland , Santa Ana , Anaheim , Bakersfield , Riverside , Stockton , Chula Vista , Modesto , Fremont , Glendale , San Bernardino |
| CO | Denver , Colorado Springs , Boulder , Fort Collins |
| CT | Hartford , Waterbury , Danbury , Stamford , Bridgeport , New Haven , Meriden , Central Manchester |
| DE | Dover |
| FL | Jacksonville , Miami , Tampa , St. Petersburg , Orlando , Hialeah , Pensacola , Tallahassee , Brandenton , Melbourne |
| GA | Atlanta , Macon , Columbus , Savannah , Valdosta , Albany , Dotham , Rome , Gainesville , Lawrenceville |
| HI | Honolulu |
| IA | Des Moines , Davenport , Cedar Rapids |
| ID | |
| IL | Chicago , Peoria , Moline , Champaign , Springfield |
| IN | Indianapolis , South Bend , Fort Wayne , Sioux City |
| KS | Desoto , Wichita , Lawrence , Overland Park , Topeka , Manhattan , Salina |
| KY | Lexington-Fayette , Covington , Lexington-Fayette |
| LA | Baton Rouge , New Orleans , Alexandria , Monroe , Lake Charles , Shreveport , Lafayette |
| MA | Boston , Worcester , Springfield |
| MD | Baltimore , Frederick , Glen Burnie |
| ME | |
| MI | Detroit , Grand Rapids , Kalamazoo , Lansing , Ann Arbor |
| MN | Minneapolis , St. Paul , Rochester , Duluth |
| MO | Kansas City , St. Louis , Columbia , Springfield , Joplin |
| MS | |
| MT | Great Falls , Billings , Missoula |
| NC | Charlotte , Raleigh , Greensboro , Durham , Asheville |
| ND | |
| NE | Omaha , Lincoln |
| NH | |
| NJ | Newark , Jersey City , Camden , Trenton , Cherry Hill , Vineland , Morristown |
| NM | Albuquerque , Santa Fe |
| NV | Las Vegas |
| NY | New York City , Manhattan , Buffalo , North Hempstead , Rochester , Poughkeepsie , Binghamton , Syracuse |
| OH | Columbus , Cleveland , Cincinnati , Toledo , Akron |
| OK | Oklahoma City , Tulsa |
| OR | Portland , Salem , Eugene , Medford |
| PA | Philadelphia , Pittsburgh , Lancaster , York , Wilkes Barre , Scranton , Reading , Altoona , Bethlehem |
| RI | Providence , Newport , Warwick , Pawtucket , Fall River , East Providence |
| SC | Myrtle Beach , Charleston , Columbia , Greenville , Spartanburg , Rock Hill |
| SD | Sioux Falls |
| TN | Memphis , Nashville-Davidson |
| TX | Houston , San Antonio , Dallas , Austin , Fort Worth , El Paso , Corpus Christi , Arlington , Plano , Garland , Laredo , Lubbock |
| UT | |
| VA | DC , Virginia Beach , Norfolk , Arlington , Chesapeake |
| VT | |
| WA | Seattle , Tacoma , Spokane |
| WI | Milwaukee , Madison |
| WV | Parkersburg , Charleston |
| WY | Casper , Cheyenne |
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