Choice Hotels International, Inc. Common Stock (CHH)
Frequently Asked Questions About Choice Hotels International, Inc. Common Stock (CHH)
Does Choice Hotels offer any deals or promotions?
Yes, Choice Hotels frequently offers various deals and promotions for travelers. These can include discounted rates for members of the Choice Privileges loyalty program, seasonal promotions, and special packages that cater to specific needs, such as family vacations or business travel.
How can I apply for a job at Choice Hotels?
To apply for a job at Choice Hotels, interested candidates can visit the company’s careers page on its official website. The site features current job openings, internships, and information about company culture and benefits. Applicants can submit their resumes and applications directly through the portal.
How does Choice Hotels differentiate itself from competitors?
Choice Hotels differentiates itself through its diverse brand offerings, customer loyalty program, and commitment to quality service. The company's extensive market presence and focus on understanding guest preferences allow it to tailor experiences that meet the specific needs of different traveler segments, setting it apart from other hotel chains.
How does Choice Hotels handle customer feedback?
Choice Hotels actively encourages and values customer feedback as it helps improve service quality and guest experiences. The company has established channels such as surveys, social media engagement, and customer service hotlines to collect and address feedback promptly. This commitment helps Choice Hotels maintain high standards and adapt to changing customer expectations.
How does Choice Hotels support its franchisees?
Choice Hotels supports its franchisees through comprehensive training programs, marketing resources, and operational guidance. The company provides access to best practices, technological tools, and a global distribution network, helping franchisees to maximize their performance and ensure a consistent and high-quality experience for guests.
How many hotels does Choice Hotels have worldwide?
As of 2023, Choice Hotels has more than 7,000 hotels in over 40 countries worldwide. This extensive network demonstrates the brand's global reach and ability to cater to a diverse array of guests, providing convenient lodging options in numerous destinations across various regions.
Is Choice Hotels a publicly traded company?
Yes, Choice Hotels International, Inc. is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol CHH. As a publicly held entity, it is subject to regulations and reporting requirements, allowing investors to buy and sell shares in the company.
What are the main brands under Choice Hotels?
Choice Hotels operates several well-known brands, including Comfort Inn, Quality Inn, Sleep Inn, Clarion, Cambria Hotels, and Ascend Hotel Collection, among others. Each brand targets different market segments, ranging from economy to upscale, ensuring that there is a suitable choice for all types of travelers.
What does Choice Hotels International, Inc. do?
Choice Hotels International, Inc. is a leading hotel franchisor that provides a diverse portfolio of lodging options. The company operates and franchises hotels under various brand names, catering to a wide range of travelers, from budget-conscious to upscale clientele. Its brands include Comfort Inn, Quality Inn, Clarion, and Cambria Hotels, among others, and it is committed to delivering quality accommodations and services to guests around the globe.
What financial performance has Choice Hotels experienced recently?
Choice Hotels has reported steady financial performance, characterized by consistent revenue growth and profitability. The company's business model, primarily based on franchising, has allowed it to maintain a strong financial position even in challenging economic environments, supported by an increase in both business and leisure travel.
What initiatives does Choice Hotels have for sustainability?
Choice Hotels is committed to sustainability and has implemented various initiatives aimed at reducing environmental impact. This includes energy-efficient building practices, water conservation measures, and waste reduction programs. The company also encourages its hotel owners and franchisees to adopt green practices to promote a sustainable future within the hospitality industry.
What is the company’s growth strategy?
Choice Hotels' growth strategy focuses on expanding its brand portfolio, entering new markets, and enhancing its technology and customer experience. The company emphasizes franchising as its primary model for growth, allowing it to scale operations with lower capital investment while providing its franchisees with the support necessary for success.
What loyalty program does Choice Hotels offer?
Choice Hotels offers a loyalty program called Choice Privileges. This program allows members to earn points for hotel stays and redeem them for free nights, gift cards, and other rewards. Members also enjoy exclusive benefits such as member-only rates, late checkout, and special promotions.
What technology does Choice Hotels use to enhance guest experiences?
Choice Hotels utilizes various technologies to enhance guest experiences, including mobile apps for easy booking and check-in, online reservation systems, and customer relationship management tools. The implementation of digital key technology allows guests to access their rooms using smartphones, streamlining the overall guest experience and improving convenience.
What’s the process for becoming a franchisee with Choice Hotels?
To become a franchisee with Choice Hotels, potential applicants need to submit a franchise inquiry through the company's official website. The process involves reviewing financial qualifications, understanding the franchise agreements, participating in training programs, and securing a location. Once approved, franchisees gain access to Choice Hotels' operational support and marketing resources.
When was Choice Hotels founded?
Choice Hotels was founded in 1939. Originally started as a motel chain, the company has expanded significantly over the years, growing its brand portfolio and adapting to the changing needs of travelers. Today, it stands as one of the largest and most recognized hotel franchise companies in the world.
Where is Choice Hotels headquartered?
Choice Hotels is headquartered in Rockville, Maryland, USA. This central location allows the company to effectively manage its vast network of properties and franchisees, while also facilitating communication and coordination within the hospitality industry and partnerships with other businesses.
Who is the current CEO of Choice Hotels?
As of 2023, the CEO of Choice Hotels International, Inc. is Patrick Pacious. Under his leadership, the company has furthered its focus on technology and innovation, improving operational efficiency and enhancing guest experiences while driving growth and expanding its footprint in the global hotel market.
What is the current price of Choice Hotels International, Inc. Common Stock?
The current price of Choice Hotels International, Inc. Common Stock is 134.00
When was Choice Hotels International, Inc. Common Stock last traded?
The last trade of Choice Hotels International, Inc. Common Stock was at 4:10 pm EDT on April 2nd, 2025
What is the market capitalization of Choice Hotels International, Inc. Common Stock?
The market capitalization of Choice Hotels International, Inc. Common Stock is 7.45B
How many shares of Choice Hotels International, Inc. Common Stock are outstanding?
Choice Hotels International, Inc. Common Stock has 55.63M shares outstanding.