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Hotel, inn and resort chain
The investment required to open a Choice Hotels Franchise is between $88,050-$13,166,100. There is an initial franchise fee of $10,000-$60,000 which grants you the license to run a business under the Choice Hotels name.
Choice Hotels Appoints Dominic Dragisich as Chief Financial Officer
Dragisich brings diverse and impressive experience in both finance and business administration to Choice, and will lead the company's financial strategy as well as play a key role in strategic corporate growth initiatives, with a focus on company performance and shareholder value."Dominic's focus on...
Choice Hotels To Launch Verified Online Reviews
Today Choice Hotels International, Inc. (NYSE: CHH) launched an online system, Verified Reviews, for ChoiceHotels.com. This new functionality provides consumers with an added layer of authenticity regarding reviews of Choice Hotels properties. Unlike other review sites, guests posting reviews on Cho...
Choice Hotels Franchise - Q&a: Serving Gen-x Travelers' Calls For Hi-tech, Workouts And Lattes
In late November, Choice Hotels International, Inc. announced it had executed five contracts for its new all-suites, select service brand, Cambria Suites. With the first Cambria Suites to open early next year, William Edmundson (pictured), vice president of brand management and strategy for Choice H...
Choice Hotels Franchise Signs Contracts For 5 Cambria Suites
Choice Hotels signed contracts for five new Cambria Suites, the company's new all-suites brand, during the third quarter this year, the company says. The new Cambria Suites hotels are slated for Baton Rouge, La.; Birmingham, Ala.; East Greenwich, R.I.; Kansas City, Kan.; and Omaha, Neb.
As of Se...
Choice Hotels Expands Franchise Ownership Among Minorities
Worldwide lodging franchisor Choice Hotels International, Inc. (NYSE: CHH) choicehotels.com today announced that 2005 was a watershed year for the company's Emerging Markets Division, which is dedicated to the expansion and diversification of the Choice Hotels franchisee base. The division increased...
International:
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | No | Yes |
Startup Costs | No | Yes |
Equipment | No | Yes |
Inventory | No | Yes |
Accounts Receivable | No | No |
Payroll | No | No |
Third Party Financing Source(s): company-endorsed vendors
Other Financing Source(s): Major renovations or conversions
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed.
Business Experience:
To calculate how much income a franchise owner can do at Choice Hotels Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Choice Hotels and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Choice Hotels franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Choice Hotels International
1 Choice Hotels Circle Suite 400
Rockville,
MD
20850