Choice Hotels International, Inc. operates as a hotel franchisor worldwide. As of December 31, 2015, the company had 6,423 hotels open and 720 hotels under construction, awaiting conversion or approved for development representing 507,483 rooms open and 58,130 rooms under construction, awaiting conversion or approved for development in 50 states, the District of Columbia and approximately 35 countries and territories outside the United States. The company franchises lodging properties under various proprietary brand names, such as Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection (collectively, the Choice brands). The company operates in two segments encompassing its hotel franchising business and its SkyTouch Technology (SkyTouch) division. SkyTouch is a division of the company that develops and markets cloud-based technology products, including inventory management, pricing and connectivity to third party channels, to hoteliers not under franchise agreements with the company. SkyTouch's technology products are based on the company's choiceAdvantage property management system, which is utilized by approximately 5,900 of its franchised hotels. The company's domestic franchising operations are conducted through direct franchising relationships while its international franchise operations are conducted through a combination of direct franchising and master franchising relationships. International Franchise Operations The company conducts its international franchise operations through a combination of direct franchising and master franchising relationships. Master franchising relationships are governed by master franchising agreements that generally provide the master franchisee with the right to use and sub-license the use of its brands in a specific geographic region, usually for a fee. Scandinavia: The company conducts its operations in Scandinavia through a master franchise relationship with Nordic Choice Commercial Services A/S (NCH). As of December 31, 2015, NCH had 180 open properties in its development territory, which includes Denmark, Norway and Sweden on an exclusive basis and Latvia and Lithuania on a non-exclusive basis. The company’s master franchise agreement with NCH grants rights to the Comfort, Quality, Sleep and Clarion brand and expires in 2023. Through a separate agreement signed in 2010, NCH also possesses limited rights to franchise Ascend Hotel Collection hotels in its territory. Japan: The company conducts its operations in Japan through a master franchise relationship with Choice Hotels Japan Co. Ltd (CHJ). CHJ possesses exclusive rights to develop the Comfort and Quality brands and non-exclusive rights to the Sleep and Clarion brands. The company’s master franchise agreement with CHJ expires in December 2023. As of December 31, 2015, CHJ had 50 open properties. Continental Europe: The company conducts franchising operations in Germany, Italy, the Czech Republic, and portions of Switzerland through Choice Hotels Licensing B.V. (Choice BV), a wholly-owned subsidiary, and in France, Portugal and the French speaking Cantons of Switzerland through a wholly-owned subsidiary of Choice BV, Choice Hotels France SAS. As of December 31, 2015, the company's subsidiaries had 179 properties open and operating in continental Europe. Ireland: In 2007, the company entered into a master franchising agreement with Ireland-based Cordelle Enterprises, doing business as Choice Hotels Ireland (CHR), for the exclusive right to develop its Clarion, Quality and Comfort brands in Ireland and Northern Ireland. The master franchise agreement with CHR expires in 2027. As of December 31, 2015, CHR had 10 properties open and operating in Ireland and Northern Ireland. The United Kingdom: The company conducts direct franchising operations in the United Kingdom through Choice BV. As of December 31, 2015, the company’s subsidiary had 33 properties open and operating in the United Kingdom. Canada: The company conducts its operations in Canada for all of its brands exc
choice hotels intl inc (CZH:Frankfurt)
1 Choice Hotels Circle
Rockville, MD 20850
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