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Choice Hotels International

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Rockville, United StatesFounded 1941eCommerce & Marketplaces
Valuation $6.64B Market cap · 2026
Revenue $1.63B Latest reported FY
EBITDA $641M Latest reported FY

About Choice Hotels International

In 1939, a group of Florida-based motel owners came together to form Quality Courts United, Inc., a nonprofit referral chain aimed at setting quality standards for travelers. This collaborative effort marked the humble beginnings of what would eventually become Choice Hotels International. The founders, whose names have been overshadowed by the brand's evolution, laid the groundwork for a new era in hospitality.

The transformation from a referral chain to a franchising powerhouse began in the 1950s when Quality Courts United transitioned into a for-profit corporation. This shift allowed the company to expand its reach and standardize its offerings, setting the stage for future growth. By the 1960s, the company had rebranded as Quality Inns, reflecting its commitment to providing consistent quality across its properties.

A significant milestone in Choice Hotels' journey was its acquisition by Manor Care, Inc. in 1981. This acquisition provided the financial backing and resources needed to accelerate the company's expansion. Under Manor Care's ownership, Choice Hotels embraced franchising as its core business model, allowing it to grow rapidly and diversify its portfolio.

In 1996, Choice Hotels International became a publicly traded company, marking another pivotal moment in its history. The IPO not only provided capital for further expansion but also solidified Choice Hotels' position as a leader in the hospitality industry. Today, Choice Hotels International franchises thousands of hotels worldwide, offering a range of accommodations from upscale to economy, and continues to innovate in the ever-evolving travel landscape.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1941
Headquarters
Rockville, United States
Listing
IPO 1996
Employees
1,905
Open positions
88
Dealroom signal
69.8/100
Industry
Travel
Sub-industry
Accommodation
Sector
eCommerce & Marketplaces, Travel, Accommodation
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
5 companies, latest Sep 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Aug 2026 $500M — BofA Securities · PNC Capital Markets · Truist Securities · Wells Fargo Securities ↗
POST IPO EQUITY✓Other financing Mar 2026 $0 — BAMCO ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $1.6B +2.1% $641M 39.3% $236M 14.5%
2025 $1.6B +0.8% $531M 33.3% $370M 23.2%
2024 $1.6B +2.6% $571M 36% $300M 18.9%
2023 $1.5B +10.1% $532M 34.4%
2022 $1.4B +31.1% $528M 37.7%
2021 $1.1B +38.1% $474M 44.3%
2020 $774M — $182M 23.5%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Choice Hotels International website traffic

Latest recorded traffic for Choice Hotels International is 5M monthly website visits, down 15.3% over the last three months. Choice Hotels International's team grew 14.6% over the past year.

Latest monthly visits5M 3-month web change-15.3% 1-year team growth+14.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later6 investors entered at this stage

  • Petter Stordalen
  • BAMCO
  • BofA Securities
  • PNC Capital Markets
  • Truist Securities
  • Wells Fargo Securities
Team profiled 71 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Rockville HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Choice Hotels International on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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