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    Choice Hotels International
    list rank

    From the April 28, 1997 Washington Post


    '96 (in $ 000s) % Change From '95
    Revenue 374,873 23.9
    Net Income 9,058 (46.1)
    Rank Last Year: None

    Description:
    Choice Hotels International is the second-largest hotel franchisor in the world with 3,225 hotels, or 272,372 rooms, in more than 30 countries under the brand names Quality, Comfort, Clarion, Sleep Inn, Rodeway Inn, Econo Lodge and MainStay Suites. The company owns and manages 81 hotels in the United States and Europe.

    Business Resume:
    • Contact Info --
      10750 Columbia Pike
      Silver Spring, Md. 20901
      301-979-5000
    • Main Business --
      Hotel franchising
    • Founded --
      1939
    • Chairperson --
      Stewart Bainum Jr.
    • President --
      Donald J. Landry
    • Employees --
      5,522
    • D.C.-Area Employees --
      728
    Developments:
    Choice Hotels was spun off from its parent company, Manor Care Inc., in May so each company could focus on its own market segment. Soon after, the company named William R. Floyd, vice chairman and chief executive for the newly formed hotel entity. The company began trading publicly on the New York Stock Exchange in November. In its first nine-months of operations, the company's 100th Sleep Inn hotel was opened and it introduced a moderate-priced extended stay hotel brand called MainStay Suites. One MainStay suite has been built and another 14 are in development.

    The company also is expanding on a Choice Picks Food Court, a food service concept for hotels where guests can buy the products of Pizzeria Uno and You Can't Believe Its Yogurt. Thirteen eateries are open and four are under development.

    Copyright 1997 The Washington Post

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