ADDED
held by non-affiliates was $ 3,445,513,422 as of June 30, 2025 based upon a closing price of $126.88 per share.
Such risks include, but are not limited to, changes to general, U.S.
and foreign economic conditions, including access to liquidity and capital; changes in consumer demand and confidence, including consumer discretionary spending and the demand for travel, transient and group business; the timing and amount of future dividends and share repurchases; future U.S.
or global outbreaks of epidemics, pandemics or contagious diseases or fear of such outbreaks, and the related impact on the global hospitality industry, particularly but not exclusively the U.S.
Our brand names include Clarion , Clarion Pointe , Comfort Inn , Comfort Suites , Country Inn Suites by Radisson, Sleep Inn , Quality , Park Inn by Radisson , Everhome Suites , WoodSpring Suites , MainStay Suites , Suburban Studios , Radisson Blu , Park Plaza , Cambria Hotels, Ascend Collection , Radisson RED , Radisson Individuals , Radisson , Radisson Collection , Radisson Inn Suites SM , Econo Lodge , and Rodeway Inn .
Therefore, our description of our business is primarily focused on the U.S.
The fee and cost structure of our franchising business provides opportunities to improve our operating results by increasing the number of franchised hotel rooms and the royalty rates in our franchise contracts.
Owning hotels allows us to increase the presence of our newly introduced brands in the U.S., drive greater guest satisfaction and brand preference, and ultimately increase the number of franchise agreements awarded.
In addition, improving business delivery to our franchisees should allow us to improve the royalty rates in our franchise contracts.
We believe that by focusing on these elements we can increase the gross room revenues generated by our franchisees by increasing the business delivered to existing franchisees and expanding our market share of franchised hotels in the chain scale categories in which we operate or seek to operate.
REMOVED
held by non-affiliates was $ 3,360,334,257 as of June 28, 2024 based upon a closing price of $119.00 per share.
Such risks include, but are not limited to, changes to general, domestic and foreign economic conditions, including access to liquidity and capital; changes in consumer demand and confidence, including consumer discretionary spending and the demand for travel, transient and group business; the timing and amount of future dividends and share repurchases; future domestic or global outbreaks of epidemics, pandemics or contagious diseases or fear of such outbreaks, and the related impact on the global hospitality industry, particularly but not exclusively the U.S.
As of December 31, 2024, we had 7,586 hotels with 653,810 rooms open and operating, and 964 hotels with 97,325 rooms under construction, awaiting conversion or approved for development, or committed to future franchise development on outstanding master development agreements (collectively, "pipeline") in our global system.
Our brand names include Comfort Inn , Comfort Suites , Quality , Clarion , Clarion Pointe , Ascend Hotel Collection , Sleep Inn , Econo Lodge , Rodeway Inn , MainStay Suites , Suburban Studios , WoodSpring Suites , Everhome Suites , and Cambria Hotels (collectively, the "legacy Choice brands").
Therefore, our description of our business is primarily focused on the domestic operations, which encompasses the United States.
The fee and cost structure of our franchising business provides opportunities to improve our operating results by increasing the number of franchised hotel rooms and the effective royalty rates in our franchise contracts resulting in increased initial franchise fees, ongoing royalty and licensing fees, and platform and procurement services fees.
We intend to continue to strategically develop hotels to increase the presence of our newly introduced brands in the United States, drive greater guest satisfaction and brand preference, and ultimately increase the number of franchise agreements awarded.
In addition, improving business delivery to our franchisees should allow us to improve the effective royalty rate in our franchise contracts.
Improving the desirability of our brands should also allow us to continue to improve the effective royalty rate in our contracts.
Building Strong Brands - Each of our brands has particular attributes and strengths, including awareness with both consumers and developers.