| Business Summary | | Choice
Hotels
International
Inc.
(Choice)
is
a
franchiser
of
hotel
properties,
with
4,392
hotels
open
and
operating
in
38
countries
as
of
December
31,
2000.
At
the
same
time,
the
Company
had
an
additional
703
franchise
properties
under
development,
representing
a
total
of
60,927
rooms.
Choice
lodging
properties
are
franchised
under
one
of
the
Company's
proprietary
brand
names
(Choice
brands):
Comfort,
Quality,
Clarion,
Sleep,
Rodeway,
Econo
Lodge
and
MainStay.
The
Company
franchises
hotels
in
all
50
states,
Puerto
Rico
and
the
District
of
Columbia
and
37
additional
countries,
with
97%
of
its
franchising
revenue
generated
from
hotels
franchised
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CHH
is
a
franchiser
of
hotels
under
the
Clarion,
Quality,
Comfort,
Sleep,
Rodeway,
Econo
Lodge
and
MainStay
brands
in
all
50
states,
Puerto
Rico,
the
District
of
Columbia
and
37
additional
countries.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$78.6
million.
Net
income
rose
3%
to
$21
million.
Revenues
reflect
higher
royalties
due
to
an
increase
in
the
royalty
rate.
Net
income
was
partially
offset
by
a
lower
interest
income
due
to
lower
balances. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Stewart Bainum, Jr., 53 Chairman | -- | Charles Ledsinger, Jr., 50 Pres,
CEO | $819K | Steven Schultz, 53 Exec.
VP, Franchise Operations | 641K | Joseph Squeri, 34 Sr.
VP, CFO | -- | Gary Thomson, 46 Sr.
VP, CIO | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|