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CHOICE HOTELS INTERNATIONAL 2005 ANNUAL REPORT 1
1
ABOUT CHOICE
Choice Hotels International was founded as a marketing cooperative by a group of Florida motor court
owners in 1941. Operating under the name Quality Courts United – the nation’s fi rst hotel chain – the
owners sought to refer business to each other’s hotels, as well as establish quality and service standards for
their properties, in order to better meet the needs and expectations of their guests.
Over the years, more hotels joined the Quality Courts system, which had become an infl uential force in the
lodging industry and had established a reputation for providing quality, affordable lodging in convenient
and popular locations.
In 1990, in order to better refl ect its growing number of brands and its presence in other countries, the
company changed its name to Choice Hotels International, and in 1996, Choice became a public company
trading on the New York Stock Exchange under the symbol CHH.
Today, Choice Hotels International is one of the largest and most successful lodging companies in the world.
With a commitment to serving the traveling public by offering high-standard accommodations at an affordable
price and to ensuring an outstanding return on investment for its hotel owners and shareholders, Choice
currently franchises more than 5,200 hotels, representing more than 425,000 rooms, in the United States
and more than 40 countries and territories.
Choice hotels, which include Cambria Suites, Clarion, Quality, Comfort Suites, Comfort Inn, Sleep Inn,
MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn, are among the world’s
most recognized brands. Ranging from limited service to full service hotels in the economy, midscale and
upscale segments, Choice-branded properties provide business and leisure travelers with a range of high-quality,
high-value lodging options throughout the United States and internationally.