Choice Hotels Inventory Turnover Ratio 2010-2023 | CHH
Current and historical inventory turnover ratio for Choice Hotels (CHH) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Choice Hotels inventory turnover ratio for the three months ending December 31, 2023 was .
| Choice Hotels Inventory Turnover Ratio Historical Data |
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| Sector |
Industry |
Market Cap |
Revenue |
| Consumer Discretionary |
Hotels & Motels |
$5.881B |
$1.544B |
|
Choice Hotels International is one of the largest hotel franchisors globally. This hotel chain is spread in more than 35 countries. Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection are the company's proprietary brand names. The company announced the launch of Everhome Suites, a new-construction midscale extended-stay brand offering. Choice Hotel's primary business segment is hotel franchising. While domestic franchising operations are conducted through direct franchising relationships, international franchise operations are carried out via a combination of direct and master franchising relationships. Choice Hotels brands' including WoodSpring Suites, Suburban Extended Stay, MainStay Suites and Everhome Suites, have performed significantly well amid the ongoing crisis.
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