8-K

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                              ___________________
                                   FORM 8-K


                                CURRENT REPORT


                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934



                                Date of Report
                       (Date of earliest event reported)
                                 July 12, 2001



                       Choice Hotels International, Inc.
                       ---------------------------------
            (Exact name of registrant as specified in its charter)



          Delaware                                          52-1209792
          --------                                          ----------
(State or other jurisdiction                   (IRS Employer Identification No.)
      of incorporation)



10770 Columbia Pike, Silver Spring, Maryland                  60563
- --------------------------------------------                  -----
(Address of principal executive offices)                    (Zip code)


                        Registrant's telephone number,
                       including area code (301)592-5000
                                           -------------

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Item 5.
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In a press release dated July 12, 2001, we announced that our projected estimate
of second quarter diluted EPS would exceed by three cents the consensus estimate
of $0.29.  A copy of the press release is included as Exhibit 99.1 and is
incorporated herein by reference.


Item 7. Financial Statements and Exhibits
- ------- ---------------------------------
(c)     Exhibits
        --------

     99.1  Press Release, dated July 12, 2001 announcing revised 2/nd/ Quarter
           2001 estimates.

                                   SIGNATURE
                                   ---------

     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                              CHOICE HOTELS INTERNATIONAL, INC.
                                    (Registrant)


                                    By: /s/ Joseph M. Squeri
                                        ------------------------
                                    Name: Joseph M. Squeri
                                    Title: Senior Vice President, Chief
                                           Financial Officer and Treasurer
Date: July 12, 2001

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EX-99.1

                                 EXHIBIT 99.1
                                 ------------


               CHOICE REVISES 2/ND/ QUARTER '01 ESTIMATE UPWARD

          SILVER SPRING, Md. (July 12, 2001) - Choice Hotels International,
Inc., (NYSE:CHH) today announced that the company should exceed by three cents
the second quarter consensus estimate of recurring diluted EPS of $0.29.

The company said that it expects to report recurring diluted EPS of $0.32,
excluding certain non-cash charges for equity losses from its investment in
Friendly Hotels plc and a write-off of certain deferred financing fees
associated with its recently refinanced credit facility.  These non-cash charges
should result in diluted EPS of approximately $0.29

          "Our basic franchising business model continues to be less sensitive
to industry fluctuations in RevPAR, which better positions Choice for economic
cycles," said Charles A. Ledsinger, Jr., president and chief executive officer.
"Despite softness in revenue per available room, our strong second quarter
earnings will be driven in part by steady initial franchising and relicensing
fees, and accretive share repurchases."

          The company is scheduled to release its second quarter earnings report
after the close of trading on Monday, July 23.  Choice will conduct a conference
call to discuss second quarter results on Tuesday, July 24, at 9 a.m. Eastern
time.  The call-in number to listen to the call is 1-800-450-0819.  The
conference call also will be Webcast simultaneously via the company's Web site,
www.choicehotels.com.

          Choice Hotels International is the second largest hotel franchisor in
the world with 4,390 hotels open, representing 349,994 rooms, and another 684
hotels under development,

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representing 59,230 rooms, in 43 countries, as of March 31, 2001. Its Comfort,
Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn and MainStay Suites brands
serve guests worldwide.

                                     # # #


     Certain matters discussed in this press release may constitute forward-
looking statements within the meaning of the federal securities law.  Such
statements are based on management's beliefs, assumptions and expectations,
which in turn are based on information currently available to management.
Actual performance and results could differ from those expressed in or
contemplated by the forward-looking statements due to a number of risks,
uncertainties and other factors, many of which are beyond Choice's ability to
predict or control.  For further information on factors that could impact Choice
and the statements contained therein, we refer you to the filings made by Choice
with the Securities and Exchange Commission, including its registration
statement on Form S-4 and report on Form 10-Q for the period ended June 30,
1999.

     Additional corporate information may be found on the Choice Hotels'Internet
site, which may be accessed at www.choicehotels.com

  Comfort, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay
Suites and ChoiceBuys.com are registered trademarks and service marks of Choice
Hotels International, Inc.


                                     # # #

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