Comfort Inn 2011 Annual Report Download - page 11
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Table of Contents
Rodeway Inn: Rodeway Inn is a brand also operating in the economy hotel category that offers sensible lodging for travelers on a budget. As part of one
of the largest franchise systems in the world, Rodeway offers a welcoming environment at an affordable rate. With free coffee to get guests started in the
morning and a free premium cable station, Rodeway is a great option for practical travelers. Principal competitor brands include Travelodge and Motel 6.
The following table presents key statistics related to the domestic system for our brands over the five years ended December 31, 2011:
Number of properties, end of period 1,434
1,462
1,447
1,435
1,399
Number of rooms, end of period 112,042
114,573
113,633
112,169
109,330
Royalty fees ($000) $91,131
$91,913
$80,059
$82,233
$86,107
Average occupancy percentage 63.1%
60.1%
54.1%
55.6%
57.5%
Average daily room rate (ADR) $77.14
$79.84
$77.10
$77.21
$79.41
RevPAR $48.70
$48.01
$41.74
$42.93
$45.62
Number of properties, end of period 481
541
608
623
616
Number of rooms, end of period 37,358
42,152
47,301
48,246
47,738
Royalty fees ($000) $35,775
$38,202
$35,134
$38,100
$41,934
Average occupancy percentage 65.5%
61.3%
53.3%
55.2%
58.6%
Average daily room rate (ADR) $87.23
$89.49
$84.79
$82.48
$83.72
RevPAR $57.11
$54.82
$45.17
$45.53
$49.09
Number of properties, end of period 828
908
979
1,012
1,047
Number of rooms, end of period 79,276
85,055
89,336
89,185
91,502
Royalty fees ($000) $34,310
$37,658
$33,725
$35,749
$38,032
Average occupancy percentage 54.2%
52.0%
46.0%
48.1%
50.0%
Average daily room rate (ADR) $70.30
$71.42
$68.00
$66.81
$67.75
RevPAR $38.09
$37.15
$31.31
$32.11
$33.86
Number of properties, end of period 167
150
172
192
189
Number of rooms, end of period 23,319
21,497
24,636
28,711
27,527
Royalty fees ($000) $10,388
$10,733
$8,549
$8,948
$9,708
Average occupancy percentage 51.7%
50.0%
42.2%
43.7%
46.9%
Average daily room rate (ADR) $80.86
$84.48
$77.79
$75.15
$73.89
RevPAR $41.79
$42.21
$32.86
$32.86
$34.64
Number of properties, end of period 346
365
392
398
394
Number of rooms, end of period 25,728
26,867
28,599
28,957
28,568
Royalty fees ($000) $16,605
$16,437
$14,614
$15,050
$15,838
Average occupancy percentage 62.5%
58.5%
51.5%
51.6%
53.6%
Average daily room rate (ADR) $69.67
$71.91
$69.64
$68.82
$69.96
RevPAR $43.52
$42.10
$35.86
$35.52
$37.49
Number of properties, end of period 30
35
37
37
40
Number of rooms, end of period 2,258
2,694
2,866
2,868
3,093
Royalty fees ($000) $1,603
$1,760
$1,607
$1,715
$2,018
Average occupancy percentage 68.5%
64.2%
57.9%
63.6%
67.7%
Average daily room rate (ADR) $70.04
$73.72
$70.55
$65.60
$66.16
RevPAR $47.98
$47.34
$40.82
$41.71
$44.80
Number of properties, end of period 825
816
792
784
797
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