Name | Value |
---|---|
Revenues | 427.4M |
Cost of Revenue | 225.4M |
Gross Profit | 202.0M |
Operating Expense | 77.6M |
Operating I/L | 124.4M |
Other Income/Expense | -11.8M |
Interest Income | 2.1M |
Pretax | 112.5M |
Income Tax Expense | 27.8M |
Net Income/Loss | 84.7M |
Choice Hotels International, Inc. operates as a hotel franchisor globally, offering lodging properties under various brand names. It franchises hotels under brands like Comfort Inn, Quality, Clarion, and others, totaling approximately 7,000 hotels with 600,000 rooms in 35 countries. The company generates revenue through hotel franchising and also provides cloud-based property management software to non-franchised hoteliers, expanding its revenue streams beyond traditional franchising.