Choice Hotels (CHH) Revenue & Revenue Breakdown

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Choice Hotels Revenue Highlights

Latest Revenue (Y)

$1.54B

Latest Revenue (Q)

$427.96M

Main Segment (Y)

Other Revenues From Franchised And Managed Properties

Main Geography (Y)

Foreign Operations

Choice Hotels Revenue by Period

Choice Hotels Revenue by Year

Date	Revenue	Change
2023-12-31	$1.54B	10.14%
2022-12-31	$1.40B	31.11%
2021-12-31	$1.07B	38.14%
2020-12-31	$774.07M	-30.57%
2019-12-31	$1.11B	7.06%
2018-12-31	$1.04B	3.37%
2017-12-31	$1.01B	8.95%
2016-12-31	$924.64M	7.53%
2015-12-31	$859.88M	13.44%
2014-12-31	$757.97M	4.65%
2013-12-31	$724.31M	4.74%
2012-12-31	$691.51M	8.25%
2011-12-31	$638.79M	7.17%
2010-12-31	$596.08M	5.65%
2009-12-31	$564.18M	-12.08%
2008-12-31	$641.68M	4.25%
2007-12-31	$615.49M	13.00%
2006-12-31	$544.66M	14.09%
2005-12-31	$477.40M	11.33%
2004-12-31	$428.81M	11.06%
2003-12-31	$386.10M	5.62%
2002-12-31	$365.56M	7.07%
2001-12-31	$341.43M	103.87%
2000-12-31	$167.47M	3.63%
1999-12-31	$161.60M	-2.30%
1998-12-31	$165.40M	63.44%
1997-12-31	$101.20M	-

Choice Hotels generated $1.54B in revenue during NA 2023, up 10.14% compared to the previous quarter, and up 148.29% compared to the same period a year ago.

Choice Hotels Revenue by Quarter

Date	Revenue	Change
2024-09-30	$427.96M	-1.65%
2024-06-30	$435.16M	31.09%
2024-03-31	$331.95M	-7.38%
2023-12-31	$358.40M	-15.78%
2023-09-30	$425.56M	-0.44%
2023-06-30	$427.42M	28.43%
2023-03-31	$332.79M	-8.06%
2022-12-31	$361.98M	-12.62%
2022-09-30	$414.27M	12.58%
2022-06-30	$367.97M	42.78%
2022-03-31	$257.73M	-9.45%
2021-12-31	$284.64M	-11.98%
2021-09-30	$323.37M	16.18%
2021-06-30	$278.34M	52.14%
2021-03-31	$182.95M	-5.40%
2020-12-31	$193.39M	-8.24%
2020-09-30	$210.77M	38.91%
2020-06-30	$151.73M	-30.45%
2020-03-31	$218.18M	-18.62%
2019-12-31	$268.08M	-13.73%
2019-09-30	$310.73M	-2.19%
2019-06-30	$317.68M	45.51%
2019-03-31	$218.32M	-10.88%
2018-12-31	$244.98M	-15.96%
2018-09-30	$291.49M	-1.34%
2018-06-30	$295.44M	41.09%
2018-03-31	$209.39M	-11.86%
2017-12-31	$237.57M	-19.49%
2017-09-30	$295.09M	6.61%
2017-06-30	$276.80M	39.87%
2017-03-31	$197.90M	-4.95%
2016-12-31	$208.19M	-22.19%
2016-09-30	$267.58M	10.68%
2016-06-30	$241.75M	16.72%
2016-03-31	$207.12M	-1.82%
2015-12-31	$210.95M	-12.66%
2015-09-30	$241.53M	4.04%
2015-06-30	$232.16M	32.48%
2015-03-31	$175.25M	-5.48%
2014-12-31	$185.40M	-13.83%
2014-09-30	$215.17M	8.86%
2014-06-30	$197.66M	34.21%
2014-03-31	$147.28M	-18.49%
2013-12-31	$180.69M	-19.03%
2013-09-30	$223.16M	21.56%
2013-06-30	$183.58M	34.12%
2013-03-31	$136.87M	-23.24%
2012-12-31	$178.31M	-15.26%
2012-09-30	$210.41M	21.19%
2012-06-30	$173.62M	34.41%
2012-03-31	$129.17M	-22.14%
2011-12-31	$165.89M	-13.74%
2011-09-30	$192.32M	16.35%
2011-06-30	$165.30M	43.39%
2011-03-31	$115.28M	-25.63%
2010-12-31	$155.01M	-15.67%
2010-09-30	$183.80M	22.66%
2010-06-30	$149.85M	39.50%
2010-03-31	$107.42M	-23.65%
2009-12-31	$140.70M	-15.23%
2009-09-30	$165.98M	15.79%
2009-06-30	$143.34M	25.57%
2009-03-31	$114.16M	-26.11%
2008-12-31	$154.49M	-19.20%
2008-09-30	$191.21M	14.42%
2008-06-30	$167.12M	29.70%
2008-03-31	$128.85M	-22.00%
2007-12-31	$165.19M	-

Choice Hotels generated $427.96M in revenue during Q3 2024, up -1.65% compared to the previous quarter, and up 100.13% compared to the same period a year ago.

Choice Hotels Revenue Breakdown

Choice Hotels Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Revenues From Franchised And Managed Properties	$784.16M	$702.75M	-	-	-
Owned Hotels	$97.64M	$70.83M	$37.83M	$20.17M	$20.28M
Other Revenue Topic 606 And Not Topic 606	$46.05M	$64.74M	-	-	-
Initial Franchise Fees	$27.79M	$28.07M	-	-	-
Procurement Services	-	$63.80M	-	-	-
Other Revenue, Not Topic 606	-	$231.00K	-	-	-
Other Revenue	-	-	$28.67M	$16.88M	$40.04M

Choice Hotels's latest annual revenue breakdown by segment (product or service), as of Dec 23: Other Revenues From Franchised And Managed Properties (82.06%), Owned Hotels (10.22%), Other Revenue Topic 606 And Not Topic 606 (4.82%), and Initial Franchise Fees (2.91%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Owned Hotels	$31.94M	$24.99M	$23.57M	$26.24M	$25.50M	$22.33M	$21.61M	$19.99M	$17.19M	$12.04M	$13.11M	$11.38M	$8.99M	$4.35M	$4.44M	$4.20M	$2.11M	$9.42M	$11.57M	$8.71M
Other Revenue Topic 606 And Not Topic 606	$13.86M	$16.36M	$12.84M	$11.44M	$11.15M	$10.63M	$13.15M	$31.43M	$11.93M	$8.23M	-	-	-	-	-	-	-	-	-	-
Other Revenues From Franchised And Managed Properties	$212.98M	$164.67M	$181.61M	$217.63M	$214.30M	$170.62M	$189.32M	$197.41M	-	-	-	-	-	-	-	-	-	-	-	-
Initial Franchise Fees	$5.87M	$6.71M	$6.55M	$6.19M	$7.16M	$7.88M	$6.44M	$7.01M	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue, Not Topic 606	-	-	-	-	-	-	$1.00K	$23.00K	$109.00K	$100.00K	-	-	-	-	-	-	-	-	-	-
Procurement Services	-	-	-	-	-	-	$15.91M	$14.40M	$21.80M	$11.68M	$10.63M	$13.84M	-	-	-	-	-	-	-	-
Marketing and Reservation System	-	-	-	-	-	-	-	-	$189.38M	$126.64M	$105.36M	$137.87M	-	-	-	-	-	-	-	-
Initial Franchise and Relicensing Fees	-	-	-	-	-	-	-	-	$6.22M	$8.40M	$5.88M	$7.27M	-	-	-	-	-	-	-	-
Royalty Fees	-	-	-	-	-	-	-	-	$121.45M	$90.74M	$63.15M	$87.68M	-	-	-	-	-	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	$7.92M	$8.64M	$7.70M	$4.41M	$3.93M	$3.58M	$2.42M	$6.95M	$9.85M	$9.76M

Choice Hotels's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Other Revenues From Franchised And Managed Properties (80.48%), Owned Hotels (12.07%), Other Revenue Topic 606 And Not Topic 606 (5.24%), and Initial Franchise Fees (2.22%).

Choice Hotels Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Foreign Operations	$103.20M	$70.20M	$46.80M	$42.60M	$69.50M

Choice Hotels's latest annual revenue breakdown by geography, as of Dec 23: Foreign Operations (100.00%).

Choice Hotels Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MAR	Marriott	$23.71B	$2.92B
HTHT	H World Group	$21.88B	$5.28B
HLT	Hilton Worldwide	$10.23B	$2.87B
IHG	InterContinental Hotels Group	$4.62B	$2.38B
CHH	Choice Hotels	$1.54B	$427.96M
WH	Wyndham Hotels & Resorts	$1.40B	$396.00M
H	Hyatt Hotels	-	$1.63B

CHH Revenue FAQ

What is Choice Hotels’s yearly revenue?

Choice Hotels's yearly revenue for 2023 was $1.54B, representing an increase of 10.14% compared to 2022. The company's yearly revenue for 2022 was $1.4B, representing an increase of 31.11% compared to 2021. CHH's yearly revenue for 2021 was $1.07B, representing an increase of 38.14% compared to 2020.

What is Choice Hotels’s quarterly revenue?

Choice Hotels's quarterly revenue for Q3 2024 was $427.96M, a -1.65% decrease from the previous quarter (Q2 2024), and a 0.57% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $435.16M, a 31.09% increase from the previous quarter (Q1 2024), and a 1.81% increase year-over-year (Q2 2023). CHH's quarterly revenue for Q1 2024 was $331.95M, a -7.38% decrease from the previous quarter (Q4 2023), and a -0.25% decrease year-over-year (Q1 2023).

What is Choice Hotels’s revenue growth rate?

Choice Hotels's revenue growth rate for the last 3 years (2021-2023) was 44.41%, and for the last 5 years (2019-2023) was 38.51%.

What are Choice Hotels’s revenue streams?

Choice Hotels's revenue streams in c 23 are Other Revenues From Franchised And Managed Properties, Owned Hotels, Other Revenue Topic 606 And Not Topic 606, and Initial Franchise Fees. Other Revenues From Franchised And Managed Properties generated $784.16M in revenue, accounting 82.06% of the company's total revenue, up 11.58% year-over-year. Owned Hotels generated $97.64M in revenue, accounting 10.22% of the company's total revenue, up 37.86% year-over-year. Other Revenue Topic 606 And Not Topic 606 generated $46.05M in revenue, accounting 4.82% of the company's total revenue, down -28.87% year-over-year. Initial Franchise Fees generated $27.79M in revenue, accounting 2.91% of the company's total revenue, down -1.02% year-over-year.

What is Choice Hotels’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Choice Hotels was Other Revenues From Franchised And Managed Properties. This segment made a revenue of $784.16M, representing 82.06% of the company's total revenue.