Hotel Online Special Report Choice Hotels International Seeking Lending Partners 17 Jun 1999 – Choice Hotels International (NYSE:CHH) has issued a Request for Information (RFI) to over 100 lenders, seeking to name a limited number as endorsed lenders recommended for use in the development, refinancing, and/or renovation of Comfort, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn and MainStay Suites brand hotels worldwide. Deadline for submission of information is Monday, June 21.

This unique method of determining lender partners is in line with the company’s strategic partnership philosophy, which seeks to provide Choice franchisees with the most cost effective and most beneficial options in all elements of the lodging franchise business. Lenders who are selected for further review will participate in an all-day summit with Choice senior management at the company’s Silver Spring headquarters; from this group, a limited number will be identified as Choice – endorsed.

Contact: Anne Curtis [email protected] Also See: Web-Based Purchasing System Available for Choice Franchisees / April 1999