About Choice Hotels
Choice Hotels is a company based in Rockville (United States) founded in 1939 by Mahesh Shah.. The company has 1,700 employees as of December 31, 2024. Choice Hotels has completed 3 acquisitions, including Maxxton, Radisson Hotels Americas and Woodspringfranchise. Choice Hotels operates in a competitive market with competitors including Hilton, Hyatt, Radisson Hotels, MGM Resorts International and Wynn Resorts, among others.
- Headquarter Rockville, United States
- Employees 1700 as on 31 Dec, 2024
- Founders Mahesh Shah
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Choice Hotels International, Inc.
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Annual Revenue
$1.58 B2.63as on Dec 31, 2024
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Net Profit
$298.14 M15.95as on Dec 31, 2024
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EBITDA
$608.15 M7.37as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1700
as on Dec 31, 2024
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Investments & Acquisitions
Maxxton
& 2 more
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IPO & Listings of Choice Hotels
Choice Hotels is a publicly listed company on the NYSE with ticker symbol CHH in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
142 people
Software Development Team
132 people
Sales and Marketing
67 people
Product Management Team
45 people
Senior Team
32 people
Data Analysis and Operations Team
26 people
Operations Team
22 people
General Team
19 people
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Funding Insights of Choice Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Choice Hotels
Choice Hotels has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Maxxton, Radisson Hotels Americas and Woodspringfranchise. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Franchise opportunities in hospitality sector are provided since 2015.
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2015 | ||||
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Cloud-based ERP solutions are provided for hospitality management.
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1998 | ||||
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Operator of hotels
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1962 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Choice Hotels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Choice Hotels Comparisons
Competitors of Choice Hotels
Choice Hotels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hilton, Hyatt, Radisson Hotels, MGM Resorts International and Wynn Resorts, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hotels and resorts are operated globally in the hospitality sector.
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| domain | founded_year | HQ Location |
Global hotel chain
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| domain | founded_year | HQ Location |
A network of hotels and resorts is operated internationally.
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| domain | founded_year | HQ Location |
Operator of hotels and resorts
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| domain | founded_year | HQ Location |
Developer and operator of high-end hotels and casinos
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| domain | founded_year | HQ Location |
Luxury hotels and resorts are owned and operated internationally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Choice Hotels
Frequently Asked Questions about Choice Hotels
When was Choice Hotels founded?
Choice Hotels was founded in 1939.
Where is Choice Hotels located?
Choice Hotels is headquartered in Rockville, United States. It is registered at Rockville, Maryland, United States.
Who is the current CEO of Choice Hotels?
Mahesh Shah is the current CEO of Choice Hotels. They have also founded this company.
How many employees does Choice Hotels have?
As of Dec 31, 2024, the latest employee count at Choice Hotels is 1,700.
What is the annual revenue of Choice Hotels?
Annual revenue of Choice Hotels is $1.58B as on Dec 31, 2024.
What does Choice Hotels do?
Founded in 1939, Choice Hotels International operates within the hospitality sector. More than 6,300 properties are managed across over 35 countries and territories. Eleven hotel brands are included, such as Cambria Hotels Suites, Comfort Inn, Comfort Suites, Sleep Inn, Clarion, Quality Inn, Econo Lodge, and Rodeway Inn. Headquarters are based in Rockville, United States, with a focus on midscale and economy accommodations.
Who are the top competitors of Choice Hotels?
Choice Hotels's top competitors include Hilton, Radisson Hotels and Hyatt.
Is Choice Hotels publicly traded?
Yes, Choice Hotels is publicly traded on NYSE under the ticker symbol CHH.
How many acquisitions has Choice Hotels made?
Choice Hotels has made 3 acquisitions, including Maxxton, Radisson Hotels Americas, and Woodspringfranchise.
What is Choice Hotels's ticker symbol?
The ticker symbol of Choice Hotels is CHH on NYSE.