-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001181431-04-008289.txt : 20040211
<SEC-HEADER>0001181431-04-008289.hdr.sgml : 20040211
<ACCEPTANCE-DATETIME>20040211170937
ACCESSION NUMBER:		0001181431-04-008289
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031231
FILED AS OF DATE:		20040211

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHOICE HOTELS INTERNATIONAL INC /DE
		CENTRAL INDEX KEY:			0001046311
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				521209792
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10750 COLUMBIA PIKE
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20901
		BUSINESS PHONE:		3015925056

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHOICE HOTELS FRANCHISING INC
		DATE OF NAME CHANGE:	19971118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHOICE HOTELS INTERNATIONAL INC/
		DATE OF NAME CHANGE:	19971022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BAINUM STEWART JR
		CENTRAL INDEX KEY:			0001034261

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13393
		FILM NUMBER:		04587235

	BUSINESS ADDRESS:	
		STREET 1:		10770 COLUMBIA PIKE
		STREET 2:		SUITE 100
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20901
		BUSINESS PHONE:		3015921300

	MAIL ADDRESS:	
		STREET 1:		10770 COLUMBIA PIKE
		STREET 2:		SUITE 100
		CITY:			SILVER SPRING
		STATE:			MD
		ZIP:			20901
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
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        <issuerName>CHOICE HOTELS INTERNATIONAL INC /DE</issuerName>
        <issuerTradingSymbol>CHH</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>BAINUM STEWART JR</rptOwnerName>
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            <rptOwnerStreet1>10770 COLUMBIA PIKE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>SILVER SPRING</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>1</isOfficer>
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            <officerTitle>Chairman</officerTitle>
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        <derivativeTransaction>
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                <value>Non-Qualified Stock Options</value>
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                    <value>D</value>
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            <securityTitle>
                <value>Incentive Stock Options</value>
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    <footnotes>
        <footnote id="F1">Shares owned by Stewart Bainum Jr. Declaration of Trust (&quot;Stewart Bainum Jr. Trust&quot;) in which Mr. Bainum, Jr. is the sole trustee.</footnote>
        <footnote id="F2">The proportionate interest of the Stewart Bainum, Jr. Trust in shares (600,000) owned by Mid Pines Associates, L.P.(&quot;Mid Pines&quot;)</footnote>
        <footnote id="F3">The proportionate interest of the Stewart Bainum, Jr. Grantor Retained Annuity Trust dated September 10, 1996 (&quot;GRAT&quot;), the sole trustee of which is Mr. Bainum Jr., in shares (600,000) owned by Mid Pines.</footnote>
        <footnote id="F4">The proportionate interest of various trusts, the beneficiaries of which are Mr. Bainum, Jr.'s two minor children in shares (600,000) owned by Mid Pines.</footnote>
        <footnote id="F5">The proportionate interest of the Stewart Bainum, Jr. Trust in shares (3,567,869) owned by Realty Investment Company, Inc. a real estate investment and management company in which Mr. Bainum, Jr. is a non-controlling shareholder.</footnote>
        <footnote id="F6">Includes 3,362 shares of restricted stock granted by the Issuer which Mr. Bainum, Jr. has the right to receive upon termination of employment with the Company pursuant to the terms of the Choice Hotels International, Inc. Non-Qualified Retirement Savings and Investment Plan.</footnote>
        <footnote id="F7">The proportionate interest of a Trust in shares (600,000) owned by Mid Pines Associates, L.P. for the benefit of Mr. Bainum, Jr's great-nephew.  Mr. Bainum, Jr. is the sole trustee and his great-nephew is the beneficiary. Beneficial ownership is disclaimed.</footnote>
        <footnote id="F8">Shares owned by a trust for the benefit of Mr. Bainum's great-nephew.  Mr. Bainum, Jr. is the sole trustee and his great-nephew is the beneficiary. Beneficial ownership is disclaimed.</footnote>
        <footnote id="F9">Shares owned by various trusts, the beneficiaries of which are Mr. Bainum, Jr.'s two minor children.</footnote>
        <footnote id="F10">The proportionate interest of Mr. Bainum, Jr's two minor children in shares (3,567,869) owned by Realty Investment Company, Inc., a real estate investment and management company in which Mr. Bainum, Jr. is a non-controlling shareholder. Also includes 125,050 shares indirectly held through Realty by certain trusts for the benefit of Mr. Bainum, Jr.'s two minor children.</footnote>
        <footnote id="F11">Shares owned by the Stewart Bainum Jr. Grantor Retained Annuity Trust dated September 10, 1996 (&quot;GRAT&quot;) in which Mr. Bainum, Jr. is the sole trustee.</footnote>
        <footnote id="F12">On December 9, 2003 Mid Pines made a distribution of a portion of its shares to its partners.</footnote>
        <footnote id="F13">On November 21, 2003 trusts for the benefit of Mr. Bainum, Jr's minor children made distributions of shares of Realty Investment Company, Inc. to the children.</footnote>
        <footnote id="F14">Incentive Stock Option Plan shares held by Mr. Bainum, Jr.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Christine A. Shreve, Attorney-in-fact</signatureName>
        <signatureDate>2004-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>

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-----END PRIVACY-ENHANCED MESSAGE-----