Franchise FAQ

how much is a choice hotel franchise

by Prof. Fay O'Hara Published 2 years ago Updated 1 year ago
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What does a Choice Hotels International, Inc. Franchise Cost?

As a Choice Hotels® franchise partner, you’ll be in business for yourself, but not by yourself. For 80+ years, Choice has helped hotel owners grow their businesses and helped to drive enhanced revenue. As a true partner, they align hotel properties with a portfolio of well-segmented brands and offer a support structure that provides more of the resources hotel owners need to be successful in the hospitality industry.

How many Choice Hotels franchises are there?

Experience the benefits of strong brands. With more than 7,000 Choice Hotels franchises around the world, our robust network of locations ensures that wherever guests’ travels take them, our hotels are there to meet their needs. And with brands that have as much as 96% brand awareness, customers feel comfortable and confident staying at a hotel with a name they know and trust.

How much revenue did ChoiceHotels.com generate in 2019?

Help drive revenue with digital assets. Driving a total of 164 million visits and $1.07 billion in revenue in 2019, ChoiceHotels.com offers franchisees individual property pages for travelers to book direct. Capturing digitally-savvy and on-the-go guests, our mobile app had over 1.2 million downloads and secured more than 6 million hotel bookings in 2019.

What is Choice Hotels?

With Choice Hotels, you can capitalize on short- and long-term investment opportunities, and gain access to a wealth of resources and experience in the hospitality industry. Invest in a brand that attracts the essential and early travelers of today—and sets you up for success with the leisure travelers of the future.

When your business is finding success with the travelers of today and tomorrow, our business is you.?

At Choice Hotels®, we have a proven track record of driving innovation in the hospitality industry and delivering value to our franchise partners. From creating the country’s first hotel chain in 1941 to being the first U.S. hotel company to launch voice-enabled hotel bookings on the Google mobile app in 2019, we’re constantly evolving to anticipate the needs of modern travelers and provide vital support to our franchisees.

How many members does Choice Privileges have?

Draw from a loyal customer base. The award-winning Choice Privileges® loyalty program has more than 45 million members that Choice engages through email communications and exclusive promotions. These strategic initiatives help drive bookings, improve brand engagement, encourage members to earn Gold/Platinum status by booking repeat stays, and more.

How long has City Wide Facility Solutions been in business?

Own a City Wide Franchise. In 2021, City Wide Facility Solutions is celebrating 60 years in business, 20 years in franchising, and record-breaking $400 Million in systemwide revenue in 2020 amidst the pandemic. The City Wide business-to-business sales and...

What is Choice Hotels?

Choice Hotels Franchise. Hotel, inn and resort chain. A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters).

Who is the Chief Financial Officer of Choice Hotels?

Choice Hotels Appoints Dominic Dragisich as Chief Financial Officer#N#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...

What is a franchise offer?

Franchise Offer: The franchisor offers the rights to own and/or operate a hotel business under one of the trademarks and associated marks of a Choice Hotels brand.

Does Choice Hotels require franchisees to participate in the direct operation of the hotel?

Obligations and Restrictions: Choice Hotels does not require the franchisee to personally participate in the direct operation of the franchised hotel nor does the franchisor make any recommendation regarding the franchisee’s personal participation in the direct operation of the franchised business.

What is Choice Hotels?

Choice Hotels is a leading hotel franchisor with more than 5,500 locations in the US and about 40 other countries. Its flagship brands include Comfort Inn, one of the largest limited-service brands with about 2,400 properties; and Quality Inn, which serves the midscale hotel segment through more than 1,200 locations. Its Econo Lodge chain offers lodging primarily for budget-minded travelers. Other brands include the full-service Clarion chain, Rodeway Inn budget hotels, and Sleep Inn. Chairman Stewart Bainum and his family own nearly 50% of the company.

Is Honey Baked Ham a franchise?

The Honey Baked Ham Company, America's first and favorite ham franchise, has been serving high quality products for over 60 years. As a retail food franchise, HoneyBaked stands out with its multiple revenue streams and simple operating requirements.

Is Choice Hotels International a franchise?

Choice Hotels International is listed in the Franchise Directory under the Retail category. It's also listed in the section for Franchises Under $250,000 .

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

What is franchising fee?

Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

What is Choice Hotels?

Choice Hotels ® is uniquely positioned to help owners capitalize on both the short- and long-term opportunities in the hospitality industry. With a well-segmented brand portfolio inclusive of economy, midscale, upscale and extended stay market segments, we offer solutions for every type of owner.

Is Cambria a growth hotel?

Cambria Hotels Continues Brand Growth With New Development Option Providing The Flexibility To Expand In More Of Guests’ Favorite Destinations

Build a New Hotel Property

Designed to appeal to travelers in key markets and supported by the resources of a global lodging leader, our new construction brands are ideal for your next development project.

OUR PROCESS

We understand that every construction project is unique, but we’ll be there to help guide you through every phase of the process.

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