A plain language overview of typical rights and obligations of the parties in a franchise agreement. Explains key provisions and what you can negotiate.
Choice Hotels International, Inc. (NYSE: CHH), one of the largest lodging franchisors in the world, reached a brand milestone with the opening of its 100th Suburban Studios hotel, demonstrating the strength of its go-to-market growth strategy that has driven growth of 45 percent in 18 months. Since the successful relaunch of the legacy Suburban Studios brand in 2022, inclusive of design and brand identity refresh, the brand has grown at a record pace, with five hotels opening in October and eight in the month of November. The 100th Suburban Studios is now open in Bloomington, Minnesota.