0001193125-21-154207.txt : 20210507 0001193125-21-154207.hdr.sgml : 20210507 20210507090102 ACCESSION NUMBER: 0001193125-21-154207 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20210507 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210507 DATE AS OF CHANGE: 20210507 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13393 FILM NUMBER: 21900545 BUSINESS ADDRESS: STREET 1: 1 CHOICE HOTELS CIRCLE STREET 2: SUITE 400 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 3015925181 MAIL ADDRESS: STREET 1: 1 CHOICE HOTELS CIRCLE STREET 2: SUITE 400 CITY: ROCKVILLE STATE: MD ZIP: 20850 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 8-K 1 d359072d8k.htm 8-K 8-K
CHOICE HOTELS INTERNATIONAL INC /DE false 0001046311 0001046311 2021-05-07 2021-05-07

 

 

UNITED STATES

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): May 7, 2021

 

 

CHOICE HOTELS INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-13393   52-1209792

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification Number)

 

1 Choice Hotels Circle, Suite 400, Rockville, Maryland   20850
(Address of principal executive offices)   (Zip Code)

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

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

  

Trading

Symbol(s)

  

Name of Each Exchange

on Which Registered

Common Stock, Par Value $0.01 per share   CHH   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 7.01. Regulation FD Disclosure.

On May 7, 2021, Choice Hotels International, Inc. (the “Company”) issued a press release announcing that its Board of Directors has elected to reinstate the Company’s quarterly dividend on the Company’s common stock of $0.225 per share, payable on July 16, 2021 to stockholders of record on July 1, 2021. In addition, the Board of Directors approved the resumption of the Company’s share repurchase program, which has 3.4 million shares authorized for repurchase. The press release is furnished herewith as Exhibit 99.1.

The information furnished under Item 7.01 in this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed herewith:

 

99.1    Press Release, dated May 7, 2021
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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

 

      CHOICE HOTELS INTERNATIONAL, INC.
     

/s/ Simone Wu

Date: May 7, 2021       Simone Wu
     

Senior Vice President, General Counsel,

Corporate Secretary & External Affairs

 EX-99.1 2 d359072dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

For Immediate Release

Choice Hotels: Scott Oaksmith, Senior Vice President, Real Estate and Finance

Allie Summers, Director, Investor Relations

IR@choicehotels.com

CHOICE HOTELS INTERNATIONAL REINSTATES DIVIDEND AND SHARE REPURCHASE PROGRAM

Board Approves Quarterly Cash Dividend of $0.225 per share

ROCKVILLE, Md., May 7, 2021 - Choice Hotels International, Inc. (NYSE: CHH) today announced that its Board of Directors has declared a cash dividend on the company’s common stock of $0.225 per share, payable on July 16, 2021 to stockholders of record on July 1, 2021.

In addition, the Board approved the resumption of the company’s share repurchase program, which has 3.4 million shares authorized for repurchase.

“Reinstating our dividend and share repurchase program reflects the Board’s confidence in the company’s current liquidity position and outlook. Our dividend and share repurchase programs have returned significant capital to shareholders throughout our history, and we expect capital returns to continue to be an element of our broader capital allocation strategy,” said Patrick Pacious, president and chief executive officer, Choice Hotels. “This decision is a testament to our thoughtful strategy and resilient business model, which continue to lead the industry recovery and will allow us to emerge from the pandemic even stronger as a company.”

As previously announced, the company will report its 2021 first quarter earnings results before the market opens on Monday, May 10, 2021, followed by a conference call at 10:30 a.m. Eastern Time to discuss the company’s performance.

###

About Choice Hotels®

Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With more than 7,100 hotels, representing nearly 600,000 rooms, in over 40 countries and territories as of December 31, 2020, the Choice® family of hotel brands provide business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members benefits ranging from everyday rewards to exceptional experiences. For more information, visit www.choicehotels.com.

Forward-Looking Statements

Certain matters discussed in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, our use of words such as “expect,” “estimate,” “believe,” “anticipate,” “should,” “will,” “forecast,” “plan,” “project,” “assume,” or similar words of futurity identify such forward-looking statements. These forward-looking statements are based on management’s current beliefs, assumptions and expectations regarding future events, which, in turn, are based on information currently available to management. Such statements may relate to projections of the company’s revenue, expenses, earnings, debt levels, ability to repay outstanding indebtedness, payment of dividends, repurchases of common stock and other financial and operational measures, including occupancy and open hotels, the company’s ability to benefit from any rebound in travel demand, the company’s liquidity, among other matters. We caution you not to place undue reliance on any such forward-looking statements. Forward-looking statements do not guarantee future performance and involve known and unknown risks, uncertainties, and other factors.

LOGO

 

Several factors could cause actual results, performance or achievements of the company to differ materially from those expressed in or contemplated by the forward-looking statements. Such risks include, but are not limited to, continuation, resurgence or worsening of the COVID-19 pandemic, including with respect to new strains or variants; the rate and pace of vaccination in the broader population; changes in consumer demand and confidence, including the impact of the COVID-19 pandemic on unemployment rates, consumer discretionary spending and the demand for travel, transient and group business; the impact of COVID-19 on the global hospitality industry, particularly but not exclusively in the U.S. travel market; the success of our mitigation efforts in response to the COVID-19 pandemic; the performance of our brands and categories in any recovery from the COVID-19 pandemic disruption; the timing and amount of future dividends and share repurchases; changes to general, domestic and foreign economic conditions, including access to liquidity and capital as a result of COVID-19; future domestic or global outbreaks of epidemics, pandemics or contagious diseases, or fear of such outbreaks; changes in law and regulation applicable to the travel, lodging or franchising industries; foreign currency fluctuations; impairments or declines in the value of the company’s assets; operating risks common in the travel, lodging or franchising industries; changes to the desirability of our brands as viewed by hotel operators and customers; changes to the terms or termination of our contracts with franchisees and our relationships with our franchisees; our ability to keep pace with improvements in technology utilized for marketing and reservations systems and other operating systems; the commercial acceptance of our Software-as-a-Service (“SaaS”) technology solutions division’s products and services; our ability to grow our franchise system; exposure to risks related to our hotel development, financing and ownership activities; exposures to risks associated with our investments in new businesses; fluctuations in the supply and demand for hotel rooms; our ability to realize anticipated benefits from acquired businesses; impairments or losses relating to acquired businesses; the level of acceptance of alternative growth strategies we may implement; cyber security and data breach risks; ownership and financing activities; hotel closures or financial difficulties of our franchisees; operating risks associated with our international operations, especially in areas currently most affected by COVID-19; the outcome of litigation; and our ability to effectively manage our indebtedness and secure our indebtedness. These and other risk factors are discussed in detail in the company’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

© 2021 Choice Hotels International, Inc. All Rights Reserved.

EX-101.SCH 3 chh-20210507.xsd XBRL TAXONOMY EXTENSION SCHEMA 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 4 chh-20210507_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Cover [Abstract] Entity Registrant Name Entity Registrant Name Amendment Flag Amendment Flag Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Entity Incorporation State Country Code Entity Incorporation State Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Two Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre Commencement Tender Offer Pre Commencement Tender Offer Pre Commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Security 12b Title Security 12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company EX-101.PRE 5 chh-20210507_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 g359072g50m30.jpg GRAPHIC begin 644 g359072g50m30.jpg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d359072d8k_htm.xml IDEA: XBRL DOCUMENT 0001046311 2021-05-07 2021-05-07 CHOICE HOTELS INTERNATIONAL INC /DE false 0001046311 8-K 2021-05-07 DE 001-13393 52-1209792 1 Choice Hotels Circle Suite 400 Rockville MD 20850 (301) 592-5000 false false false false Common Stock, Par Value $0.01 per share CHH NYSE false XML 8 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Document and Entity Information
May 07, 2021
Cover [Abstract]  
Entity Registrant Name CHOICE HOTELS INTERNATIONAL INC /DE
Amendment Flag false
Entity Central Index Key 0001046311
Document Type 8-K
Document Period End Date May 07, 2021
Entity Incorporation State Country Code DE
Entity File Number 001-13393
Entity Tax Identification Number 52-1209792
Entity Address, Address Line One 1 Choice Hotels Circle
Entity Address, Address Line Two Suite 400
Entity Address, City or Town Rockville
Entity Address, State or Province MD
Entity Address, Postal Zip Code 20850
City Area Code (301)
Local Phone Number 592-5000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, Par Value $0.01 per share
Trading Symbol CHH
Security Exchange Name NYSE
Entity Emerging Growth Company false
EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 1 95 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports d359072d8k.htm chh-20210507.xsd chh-20210507_lab.xml chh-20210507_pre.xml d359072dex991.htm http://xbrl.sec.gov/dei/2019-01-31 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "d359072d8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "d359072d8k.htm" ] }, "labelLink": { "local": [ "chh-20210507_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "chh-20210507_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "chh-20210507.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 24, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 3, "total": 3 }, "keyCustom": 0, "keyStandard": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "chh", "nsuri": "http://www.choicehotels.com/20210507", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "div", "div", "body", "html" ], "baseRef": "d359072d8k.htm", "contextRef": "duration_2021-05-07_to_2021-05-07", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "div", "div", "body", "html" ], "baseRef": "d359072d8k.htm", "contextRef": "duration_2021-05-07_to_2021-05-07", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre Commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre Commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security 12b Title", "terseLabel": "Security 12b Title" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.choicehotels.com//20210507/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 16 0001193125-21-154207-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-21-154207-xbrl.zip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