Choice Hotels International Inc.

Choice Hotels International (CHH) is a mid-cap hospitality franchisor operating primarily in North America, with a portfolio of midscale and upscale brands and a focus on franchise and management fees rather than hotel ownership. Investors should know its model emphasises recurring royalty and reservation revenues, plus modest capital intensity compared with hotel owners. Key growth drivers include travel demand recovery, international expansion and loyalty‑programme engagement, while risks include sensitivity to economic cycles, competition from global chains and alternative lodging, and franchisee performance. With a market capitalisation around $4.72bn, Choice offers exposure to the hospitality sector without the same asset risk as property-heavy peers. This summary is for educational purposes only; values can fall as well as rise, and past performance does not guarantee future returns. It is not personalised financial advice — consider your circumstances and consult a qualified adviser before investing.