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Choice Hotels is an American multinational hospitality company that owns several hotel brands, including Comfort Inn, a lower-price, limited-service chain. Founded in 1939, Choice Hotels franchised nearly 7,500 hotels in 46 countries and territories as of 2023.
Quality Inn is a subsidiary of Choice Hotels International with more than 1,800 hotels worldwide. It was founded in 1939 as Quality Courts United, the first hotel chain in the US, and renamed in 1972 to reflect its global presence.
Strawberry (formerly Nordic Choice Hotels) is a private hospitality company that operates hotels, restaurants, spas and gyms in Scandinavia, Finland and the Baltics. It is a franchisee of Choice Hotels International and has four brands: Clarion, Quality, Comfort and Nordic Hotels & Resorts.
Joyce has headed Choice Hotels, which franchises 6,000 hotels, since 2008. He was at Marriott ( MAR ) for 25 years before joining Silver Spring, Md.-based Choice Hotels.
The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
Over the past 12 months, Choice Hotels International generated $132.3 million cash while it booked net income of $114.7 million. That means it turned 20.3% of its revenue into FCF. That sounds ...
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The buyout battle between Choice Hotels and rival Wyndham reaches new heights. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...