Choice Hotels (CHH) Revenue & Revenue Breakdown
Choice Hotels Revenue Highlights
Latest Revenue (Y)
$1.54B
Latest Revenue (Q)
$435.16M
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 |
|---|---|---|
| 2024-06-30 | $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 $435.16M in revenue during Q2 2024, up 31.09% compared to the previous quarter, and up 130.76% 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 |
|---|---|---|---|---|---|
| Initial Franchise Fees | $27.79M | $28.07M | - | - | - |
| Other Revenue Topic 606 And Not Topic 606 | $46.05M | $64.74M | - | - | - |
| 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, Not Topic 606 | - | $231.00K | - | - | - |
| Procurement Services | - | $63.80M | - | - | - |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Revenue Topic 606 And Not Topic 606 | $16.36M | $12.84M | $11.44M | $11.15M | $10.63M | $13.15M | $31.43M | $11.93M | $8.23M | - | - | - | - | - | - | - | - | - | - | - |
| Owned Hotels | $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 | - |
| Initial Franchise Fees | $6.71M | $6.55M | $6.19M | $7.16M | $7.88M | $6.44M | $7.01M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Revenues From Franchised And Managed Properties | $164.67M | $181.61M | $217.63M | $214.30M | $170.62M | $189.32M | $197.41M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Procurement Services | - | - | - | - | - | $15.91M | $14.40M | $21.80M | $11.68M | $10.63M | $13.84M | - | - | - | - | - | - | - | - | - |
| Other Revenue, Not Topic 606 | - | - | - | - | - | $1.00K | $23.00K | $109.00K | $100.00K | - | - | - | - | - | - | - | - | - | - | - |
| Initial Franchise and Relicensing Fees | - | - | - | - | - | - | - | $6.22M | $8.40M | $5.88M | $7.27M | - | - | - | - | - | - | - | - | - |
| Marketing and Reservation System | - | - | - | - | - | - | - | $189.38M | $126.64M | $105.36M | $137.87M | - | - | - | - | - | - | - | - | - |
| 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 | - |
| Franchising | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $313.63M |
Choice Hotels's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Other Revenues From Franchised And Managed Properties (77.41%), Owned Hotels (11.75%), Other Revenue Topic 606 And Not Topic 606 (7.69%), and Initial Franchise Fees (3.15%).
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
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 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). The company'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). CHH's quarterly revenue for Q4 2023 was $358.4M, a -15.78% decrease from the previous quarter (Q3 2023), and a -0.99% decrease year-over-year (Q4 2022).
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 Initial Franchise Fees, Other Revenue Topic 606 And Not Topic 606, Other Revenues From Franchised And Managed Properties, and Owned Hotels. Initial Franchise Fees generated $27.79M in revenue, accounting 2.91% of the company's total revenue, down -1.02% 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. 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.
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.