CHOICE HOTELS INTERNATIONAL REPORTS STRONG THIRD QUARTER 2024 RESULTS Drives EPS Growth of 23% Year-over-Year Raises Full-year 2024 Net Income, EPS, and RevPAR Guidance NORTH BETHESDA, Md., November 4, 2024 – Choice Hotels International, Inc. (NYSE: CHH), one of the world’s leading lodging franchisors, today reported its third quarter 2024 results. Highlights include: • Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023. • Net income increased 15% to $105.7 million for third quarter 2024, representing diluted earnings per share (EPS) of $2.22, a quarterly record and a 23% increase compared to the same period of 2023. • Third quarter 2024 adjusted net income, excluding certain items described in Exhibit 7, increased 15% to $106.2 million compared to the same period of 2023, and adjusted diluted EPS increased 23% to a record of $2.23 compared to the same period of 2023. • Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for third quarter 2024 grew to a quarterly record of $177.6 million, a 14% increase compared to the same period of 2023. • Global pipeline as of September 30, 2024, increased 11% to a third quarter record of over 110,000 rooms from September 30, 2023, highlighted by a 54% increase for conversion rooms. Domestic rooms pipeline as of September 30, 2024, increased by 10% since September 30, 2023, including a 68% increase for conversion rooms. • Global hotel openings for third quarter 2024 increased by 75% compared to the same period of 2023. • The company’s unit and room growth as of September 30, 2024, accelerated across its domestic and international portfolio from June 30, 2024. The company’s upscale, extended stay, and midscale rooms portfolio, as of September 30, 2024, increased by 1.8% globally since September 30, 2023. • The international portfolio as of September 30, 2024, expanded by 3.8% in the number of rooms, highlighted by international hotel openings that tripled in third quarter 2024 compared to the same period of 2023. • The company repurchased 2.9 million shares of common stock for $352.9 million year-to-date through September 30, 2024, representing over 6% of the company’s market capitalization at the beginning of the year. • The company is increasing midpoint of its guidance for net income, adjusted EBITDA, diluted EPS, and adjusted diluted EPS for full-year 2024. “Choice Hotels generated another quarter of record financial performance, demonstrating the successful execution of our growth strategy and giving us the confidence to raise our full-year guidance,” said Patrick Pacious, President and Chief Executive Officer. “We accelerated our unit growth, increased our global pipeline to new levels, expanded our international reach, and significantly grew the size of our rewards program. The positive momentum we have created and the strength of our versatile business model bolsters our ability to continue to deliver sustained top-line and earnings growth while returning significant capital to shareholders.” Financial Performance • Total revenues excluding reimbursable revenue from franchised and managed properties, calculated as total revenues net of reimbursable revenue of $171.8 million, increased 17% to $256.1 million for the third quarter 2024 compared to the same period of 2023. • Platform and procurement services fees increased 4% to $16.2 million for third quarter 2024 compared to the same period of 2023. • Third quarter 2024 domestic effective royalty rate increased 6 basis points to 5.05% compared to the same period of 2023. • Domestic revenue per available room (RevPAR) decreased 250 basis points for the three-month period ended September 30, 2024, compared to the same period of 2023. Domestic occupancy levels for the three-month period ended September 30, 2024, improved by 80 basis points from the three months ended June 30, 2024. Development • The company’s total domestic system size increased to nearly 6,300 hotels representing over 495,000 rooms as of September 30, 2024. The company’s domestic upscale, extended stay, and midscale portfolio increased 1.3% for hotels and increased 1.1% for rooms since September 30, 2023. The domestic extended stay hotels portfolio grew by 11.2% since September 30, 2023, driven by increases in each of the company’s brands. • The company’s international rooms pipeline as of September 30, 2024 increased by 21% compared to the same period of 2023. • The company opened 190 domestic hotel openings year-to-date through September 30, 2024, a 19% increase compared to the same period of 2023. Of the domestic franchise agreements executed for conversion hotels over the trailing twelve months ending September 30, 2024, 141 opened in the same year, a 17% increase over the comparable period of the prior year. Balance Sheet and Liquidity As of September 30, 2024, the company had a total available liquidity of $675.6 million, including available borrowing capacity and cash and equivalents. During the three and nine months ended September 30, 2024, the company generated cash flows from operating activities of $122.9 million and $236.5 million, respectively. Shareholder Returns During the nine months ended September 30, 2024, the company paid cash dividends totaling $42.5 million. During the nine months ended September 30, 2024, the company repurchased 2.9 million shares of common stock for $352.9 million under its stock repurchase program and through repurchases from employees in connection with tax withholding and option exercises relating to awards under the company’s equity incentive plans. As of September 30, 2024, the company had 4.0 million shares of common stock remaining under the current share repurchase authorization. Outlook The outlook information below includes forward-looking non-GAAP financial measures, which management uses in forecasting performance. The adjusted numbers in the company’s outlook below exclude the net surplus or deficit generated from reimbursable revenue from franchised and managed properties, due diligence and transition costs, additional repurchases of company stock, and other items: Full-Year 2024 Prior Outlook Net Income $276 – $284 million $260 – $272 million Adjusted Net Income $323 – $331 million $309.5 – $321.5 million Adjusted EBITDA $590 – $600 million $580 – $600 million Diluted EPS $5.74 – $5.91 $5.40 – $5.65 Adjusted Diluted EPS $6.70 – $6.87 $6.40 – $6.65 Effective Income Tax Rate 24.0% 24.5% Full-Year 2024 Prior Outlook vs. Full-Year 2023 Domestic RevPAR Growth -2% to -1% -3.5% to -1.5% Domestic Effective Royalty Rate Growth Mid-single digits Mid-single digits Domestic Net Unit Growth Approximately 2% Approximately 2% (upscale, extended stay, and midscale brands) Webcast and Conference Call Choice Hotels International will conduct a live webcast to discuss the company’s third quarter 2024 earnings results on November 4, 2024, at 10:00 a.m. on the company’s investor relations website, www.investor.choicehotels.com , accessible via the Events and Presentations tab. A conference call will also be available. Participants may listen to the call by dialing (800) 549-8228 domestically or (646) 564-2877 internationally using conference ID 91747. A replay and transcript of the event will be available on the company’s investor relations website within 24 hours at www.investor.choicehotels.com/events-and-presentations . About Choice Hotels ® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world, with over 7,500 hotels, representing nearly 635,000 rooms, in 45 countries and territories as of September 30, 2024. A diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay, and economy enables Choice® to meet travelers’ needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com . Forward- Looking Statements Information set forth herein includes “forward-looking statements.” Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology, such as “expect,” “estimate,” “believe,” “anticipate,” “should,” “will,” “forecast,” “plan,” “project,” “assume,” or similar words of futurity. All statements other than historical facts are 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 Choice’s revenue, expenses, EBITDA, adjusted EBITDA, 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, RevPAR, and Choice’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. 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, changes to general, domestic and foreign economic conditions, including access to liquidity and capital; changes in consumer demand and confidence, including consumer discretionary spending and the demand for travel, transient and group business; the timing and amount of future dividends and share repurchases; future domestic or global outbreaks of epidemics, pandemics or contagious diseases or fear of such outbreaks, and the related impact on the global hospitality industry, particularly but not exclusively the U.S. travel market; changes in law and regulation applicable to the travel, lodging or franchising industries, including with respect to the status of the company’s relationship with employees of our franchisees; 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; 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; the impact of inflation; cyber security and data breach risks; climate change and sustainability related concerns; ownership and financing activities; hotel closures or financial difficulties of our franchisees; operating risks associated with our international operations; labor shortages; 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 U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K. 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. Non-GAAP Financial Measurements and Other Definitions The company evaluates its operations utilizing the performance metrics of EBITDA, adjusted EBITDA, adjusted net income, and adjusted EPS, which are all non-GAAP financial measurements. These measures, which are reconciled to the comparable GAAP measures in Exhibits 6 and 7, should not be considered as an alternative to any measure of performance or liquidity as promulgated under or authorized by GAAP, such as net income and EPS. The company’s calculation of these measurements may be different from the calculations used by other companies and comparability may therefore be limited. We discuss management’s reasons for reporting these non-GAAP measures and how each non-GAAP measure is calculated below. In addition to the specific adjustments noted below with respect to each measure, the adjusted EBITDA, adjusted net income and adjusted EPS presented herein also exclude restructuring of the company’s operations including employee severance benefit, income taxes and legal costs, acquisition related to business combination, due diligence and, transition costs, expenses associated with legal claims, loss on the sale of equity securities, net of dividend income purchased in contemplation of the proposed acquisition of Wyndham Hotels, global ERP system implementation and related costs, performance under limited debt payment guaranties and gain on sale of a hotel owned through an unconsolidated joint venture to allow for period-over-period comparison of ongoing core operations before the impact of these discrete and infrequent charges. Earnings Before Interest, Taxes, Depreciation, and Amortization and Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization: EBITDA reflects net income excluding the impact of interest expense, interest income, provision for income taxes, depreciation and amortization, impairments and gains on sale of business and assets, other (gains) and losses, equity in net income (loss) of unconsolidated affiliates and gain on extinguishment of debt. Adjusted EBITDA, presented herein, is calculated as EBITDA, as previously defined, further adjusted to exclude certain items, including, mark-to-market adjustments on non-qualified retirement plan investments, share based compensation expense (benefit) and surplus or deficits generated by reimbursable revenue from franchised and managed properties. We consider EBITDA and adjusted EBITDA to be an indicator of operating performance because it measures our ability to service debt, fund capital expenditures, and expand our business. We also use these measures, as do analysts, lenders, investors, and others, to evaluate companies because it excludes certain items that can vary widely across industries or among companies within the same industry. For example, interest expense can be dependent on a company’s capital structure, debt levels, and credit ratings, and share based compensation expense (benefit) is dependent on the design of compensation plans in place and the usage of them. Accordingly, the impact of interest expense and share based compensation expense (benefit) on earnings can vary significantly among companies. The tax positions of companies can also vary because of their differing abilities to take advantage of tax benefits and because of the tax policies of the jurisdictions in which they operate. As a result, effective tax rates and provision for income taxes can vary considerably among companies. These measures also exclude depreciation and amortization because companies utilize productive assets of different ages and use different methods of both acquiring and depreciating productive assets or amortizing franchise-agreement acquisition costs. These differences can result in considerable variability in the relative asset costs and estimated lives and, therefore, the depreciation and amortization expense among companies. Mark-to-market adjustments on non-qualified retirement-plan investments recorded in selling, general and administrative (SG&A) expenses are excluded from adjusted EBITDA, as the company accounts for these investments in accordance with accounting for deferred-compensation arrangements when investments are held in a rabbi trust and invested. Changes in the fair value of the investments are recognized as both compensation expense in SG&A and other gains and losses. As a result, the changes in the fair value of the investments do not have a material impact on the company’s net income. Surpluses and deficits generated from reimbursable revenues from franchised and managed properties are excluded, as the company’s franchise and management agreements require these revenues to be used exclusively for expenses associated with providing franchise and management services, such as central reservation systems, hotel employee and operating costs, reservation delivery and national marketing and media advertising. Franchised and managed property owners are required to reimburse the company for any deficits generated from these activities and the company is required to spend any surpluses generated in future periods. Since these activities will be managed to break-even over time, quarterly or annual surpluses and deficits have been excluded from the measurements utilized to assess the company’s operating performance. Adjusted Net Income and Adjusted Earnings Per Share: Adjusted net income and EPS exclude the impact of surpluses or deficits generated from reimbursable revenue from franchised and managed properties and gains on extinguishment of debt. Surpluses and deficits generated from reimbursable revenue from franchised and managed properties are excluded, as the company’s franchise agreements require these revenues to be used exclusively for expenses associated with providing franchised and managed services, such as central reservation systems, hotel employee and operating costs, reservation delivery and national marketing and media advertising. Franchised and managed property owners are required to reimburse the company for any deficits generated from activities and the company is required to spend any surpluses generated in future periods. Since these activities will be managed to break-even over time, quarterly or annual surpluses and deficits have been excluded from the measurements utilized to assess the company’s operating performance. We consider adjusted net income and adjusted EPS to be indicators of operating performance because excluding these items allows for period-over-period comparisons of our ongoing operations. Occupancy: Occupancy represents the total number of room nights sold divided by the total number of room nights available at a hotel for a given period. Occupancy measures the utilization of the hotels’ available capacity. Management uses occupancy to gauge demand at a specific hotel or group of hotels in a given period. The company calculates occupancy based on information as reported by its franchisees. To accurately reflect occupancy, the company may revise its prior years’ operating statistics for the most current information provided. Average Daily Rate (ADR): ADR represents hotel room revenue divided by the total number of room nights sold for a given period. ADR measures the average room price attained by a hotel and ADR trends provide useful information concerning the pricing environment and the nature of the customer base of a hotel or group of hotels. ADR is a commonly used performance measure in the industry, and management uses ADR to assess pricing levels that the company is able to generate. The company calculates ADR based on information as reported by its franchisees. To accurately reflect ADR, the company may revise its prior years’ operating statistics for the most current information provided. RevPAR: RevPAR is calculated by dividing hotel room revenue by the total number of room nights available to guests for a given period. Management considers RevPAR to be a meaningful indicator of hotel performance and therefore company royalty and system revenues as it provides a metric correlated to the two key drivers of operations at a hotel: occupancy and ADR. The company calculates RevPAR based on information as reported by its franchisees. To accurately reflect RevPAR, the company may revise its prior years’ operating statistics for the most current information provided. RevPAR is also a useful indicator in measuring performance over comparable periods. Pipeline: Pipeline is defined as hotels awaiting conversion, under construction or approved for development, and master development agreements committing owners to future franchise development. Contacts Allie Summers, Senior Director, Investor Relations IR@choicehotels.com © 2024 Choice Hotels International, Inc. All rights reserved. Choice Hotels International, Inc. Exhibit 1 Condensed Consolidated Statements of Income (Unaudited) (In thousands, except per share amounts) Three months ended September 30, Nine months ended September 30, Variance Variance 2024 2023 $ % 2024 2023 $ % REVENUES Royalty, licensing and management fees $ 147,151 $ 148,512 $ (1,361) (1) % $ 394,431 $ 396,503 $ (2,072) (1) % Initial franchise fees 5,866 6,194 (328) (5) % 19,133 21,240 (2,107) (10) % Platform and procurement services fees 16,178 15,542 636 4 % 58,060 58,186 (126) — % Owned hotels 31,936 26,239 5,697 22 % 85,345 74,075 11,270 15 % Other 13,857 11,436 2,421 21 % 45,251 33,211 12,040 36 % Other revenues from franchised and managed properties 212,976 217,634 (4,658) (2) % 592,849 602,554 (9,705) (2) % Total revenues 427,964 425,557 2,407 1 % 1,195,069 1,185,769 9,300 1 % OPERATING EXPENSES Selling, general and administrative 49,077 44,042 5,035 11 % 162,697 151,387 11,310 7 % Business combination, diligence and transition costs 984 10,871 (9,887) (91) % 17,723 30,613 (12,890) (42) % Depreciation and amortization 10,861 9,633 1,228 13 % 32,623 29,468 3,155 11 % Owned hotels 22,343 18,628 3,715 20 % 62,370 53,924 8,446 16 % Other expenses from franchised and managed properties 192,916 207,341 (14,425) (7) % 575,102 583,095 (7,993) (1) % Total operating expenses 276,181 290,515 (14,334) (5) % 850,515 848,487 2,028 — % Operating income 151,783 135,042 16,741 12 % 344,554 337,282 7,272 2 % OTHER EXPENSES AND INCOME, NET Interest expense 22,038 16,168 5,870 36 % 66,064 46,522 19,542 42 % Interest income (2,411) (1,897) (514) 27 % (6,557) (5,836) (721) 12 % Loss on extinguishment of debt 331 — 331 NM 331 — 331 NM Other (gain) loss (4,013) 1,343 (5,356) (399) % (133) (2,752) 2,619 (95) % Equity in net gain of affiliates (1,310) (1,801) 491 (27) % (9,088) (1,923) (7,165) 373 % Total other expenses and income, net 14,635 13,813 822 6 % 50,617 36,011 14,606 41 % Income before income taxes 137,148 121,229 15,919 13 % 293,937 301,271 (7,334) (2) % Income tax expense 31,432 29,205 2,227 8 % 70,076 71,717 (1,641) (2) % Net income $ 105,716 $ 92,024 $ 13,692 15 % $ 223,861 $ 229,554 $ (5,693) (2) % Basic earnings per share $ 2.24 $ 1.83 $ 0.41 22 % $ 4.64 $ 4.51 $ 0.13 3 % Diluted earnings per share $ 2.22 $ 1.81 $ 0.41 23 % $ 4.61 $ 4.47 $ 0.14 3 % Choice Hotels International, Inc. Exhibit 2 Condensed Consolidated Balance Sheets (Unaudited) (In thousands) September 30, December 31, 2024 2023 ASSETS Cash and cash equivalents $ 58,565 $ 26,754 Accounts receivable, net 210,925 195,896 Other current assets 69,112 73,880 Total current assets 338,602 296,530 Property and equipment, net 580,021 493,478 Operating lease right-of-use assets 81,987 85,101 Goodwill 220,187 220,187 Intangible assets, net 863,811 811,075 Notes receivable, net of allowances 99,722 78,900 Investments in equity securities, at fair value — 116,374 Investments for employee benefit plans, at fair value 47,788 39,751 Investments in affiliates 109,732 70,579 Other assets 202,196 182,824 Total assets $ 2,544,046 $ 2,394,799 LIABILITIES AND SHAREHOLDERS' (DEFICIT) EQUITY Accounts payable $ 152,781 $ 131,284 Accrued expenses and other current liabilities 122,172 109,248 Deferred revenue 103,194 108,316 Current portion of long-term debt — 499,268 Liability for guest loyalty program 100,639 94,574 Total current liabilities 478,786 942,690 Long-term debt 1,810,731 1,068,751 Long-term deferred revenue 132,332 133,501 Deferred compensation & retirement plan obligations 53,361 45,657 Operating lease liabilities 109,930 109,483 Liability for guest loyalty program 46,797 43,266 Other liabilities 8,261 15,853 Total liabilities 2,640,198 2,359,201 Total shareholders' (deficit) equity (96,152) 35,598 Total liabilities and shareholders' (deficit) equity $ 2,544,046 $ 2,394,799 Choice Hotels International, Inc. Exhibit 3 Condensed Consolidated Statements of Cash Flows (Unaudited) (In thousands) Nine months ended September 30, 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 223,861 $ 229,554 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 32,623 29,468 Depreciation and amortization – other expenses from franchised and managed properties 20,236 27,544 Franchise agreement acquisition cost amortization 20,584 14,616 Non-cash share-based compensation and other charges 32,445 34,670 Non-cash interest, investments, and affiliate income, net (7,529) (1,709) Deferred income taxes (21,086) (4,315) Equity in net loss (gain) of affiliates, less distributions received 56 (621) Franchise agreement acquisition costs, net of reimbursements (84,085) (72,867) Change in working capital and other 19,435 (9,150) Net cash provided by operating activities 236,540 247,190 CASH FLOWS FROM INVESTING ACTIVITIES Investments in other property and equipment (33,620) (35,933) Investments in owned hotel properties (81,239) (45,470) Contributions to investments in affiliates (47,695) (24,573) Issuances of notes receivable (24,405) (4,319) Distributions from sales of affiliates 15,850 868 Collections of notes receivable 2,277 9,923 Proceeds from sales of equity securities 108,149 — Other items, net (2,680) (3,761) Net cash used in investing activities (63,363) (103,265) CASH FLOWS FROM FINANCING ACTIVITIES Net borrowings pursuant to revolving credit facilities 154,500 191,500 Proceeds from the issuance of long-term debt 593,574 — Repayment of long-term debt (500,000) — Debt issuance costs (8,069) (755) Purchases of treasury stock (348,964) (304,400) Dividends paid (42,488) (42,073) Proceeds from the exercise of stock options 9,279 6,719 Net cash used in financing activities (142,168) (149,009) Net change in cash and cash equivalents 31,009 (5,084) Effect of foreign exchange rate changes on cash and cash equivalents 802 (50) Cash and cash equivalents, beginning of period 26,754 41,566 Cash and cash equivalents, end of period $ 58,565 $ 36,432 Exhibit 4 CHOICE HOTELS INTERNATIONAL, INC. SUPPLEMENTAL OPERATING INFORMATION DOMESTIC HOTEL SYSTEM (UNAUDITED) For the three months ended September 30, 2024 For the three months ended September 30, 2023 Change Average Daily Average Daily Average Daily Rate Occupancy RevPAR Rate Occupancy RevPAR Rate Occupancy RevPAR Upscale & Above (1) $ 159.88 64.2 % $ 102.69 $ 160.49 63.0 % $ 101.17 (0.4) % 120 bps 1.5 % Midscale & Upper Midscale (2) 106.57 61.0 % 65.04 107.75 62.2 % 67.04 (1.1) % (120) bps (3.0) % Extended Stay (3) 65.45 73.3 % 47.99 64.65 74.5 % 48.17 1.2 % (120) bps (0.4) % Economy (4) 75.69 50.5 % 38.20 76.97 51.6 % 39.73 (1.7) % (110) bps (3.8) % Total $ 102.10 61.1 % $ 62.41 $ 103.31 61.9 % $ 63.99 (1.2) % (80) bps (2.5) % For the nine months ended September 30, 2024 For the nine months ended September 30, 2023 Change Average Daily Average Daily Average Daily Rate Occupancy RevPAR Rate Occupancy RevPAR Rate Occupancy RevPAR Upscale & Above (1) $ 153.87 59.1 % $ 91.01 $ 152.59 58.2 % $ 88.82 0.8 % 90 bps 2.5 % Midscale & Upper Midscale (2) 101.86 57.0 % 58.04 102.90 58.3 % 60.00 (1.0) % (130) bps (3.3) % Extended Stay (3) 63.84 72.1 % 46.04 64.28 73.5 % 47.24 (0.7) % (140) bps (2.5) % Economy (4) 71.83 47.6 % 34.20 72.65 49.0 % 35.57 (1.1) % (140) bps (3.8) % Total $ 97.45 57.4 % $ 55.93 $ 98.59 58.3 % $ 57.50 (1.2) % (90) bps (2.7) % Effective Royalty Rate For the three months ended For the nine months ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 System-wide 5.05 % 4.99 % 5.05 % 4.99 % (1) Includes Ascend Hotel Collection, Cambria, Park Plaza, Radisson, Radisson Blu, Radisson Individuals, and Radisson RED brands. (2) Includes Clarion, Comfort Inn, Country Inn, Park Inn, Quality Inn, Radisson Inn, and Sleep Inn brands. (3) Includes Everhome Suites, Mainstay Suites, Suburban Studios, and WoodSpring Suites brands. (4) Includes Econo Lodge and Rodeway brands. Exhibit 5 CHOICE HOTELS INTERNATIONAL, INC. SUPPLEMENTAL HOTEL AND ROOM SUPPLY DATA (UNAUDITED) September 30, 2024 September 30, 2023 Variance Hotels Rooms Hotels Rooms Hotels % Rooms % Ascend Hotel Collection 201 22,957 208 23,187 (7) (3.4) % (230) (1.0) % Cambria Hotels 75 10,226 69 9,398 6 8.7 % 828 8.8 % Radisson (1) 61 14,296 66 15,499 (5) (7.6) % (1,203) (7.8) % Comfort (2) 1,669 131,205 1,667 131,027 2 0.1 % 178 0.1 % Quality 1,623 118,361 1,614 119,067 9 0.6 % (706) (0.6) % Country 418 33,327 427 33,996 (9) (2.1) % (669) (2.0) % Sleep 421 29,610 430 30,331 (9) (2.1) % (721) (2.4) % Clarion (3) 188 19,763 182 19,763 6 3.3 % — — % Park Inn 25 2,818 4 363 21 525.0 % 2,455 676.3 % WoodSpring 249 29,989 231 27,862 18 7.8 % 2,127 7.6 % MainStay 132 9,459 124 8,503 8 6.5 % 956 11.2 % Suburban 110 9,178 91 7,954 19 20.9 % 1,224 15.4 % Everhome 6 685 1 98 5 500.0 % 587 599.0 % Econo Lodge 650 37,955 671 39,429 (21) (3.1) % (1,474) (3.7) % Rodeway 450 25,365 471 26,557 (21) (4.5) % (1,192) (4.5) % Domestic Franchises 6,278 495,194 6,256 493,034 22 0.4 % 2,160 0.4 % International Franchises 1,237 139,758 1,207 134,660 30 2.5 % 5,098 3.8 % Total Franchises 7,515 634,952 7,463 627,694 52 0.7 % 7,258 1.2 % (1) Includes Radisson, Radisson Blu, Radisson Individuals, and Radisson Red brands. (2) Includes Comfort family of brand extensions including Comfort Inn and Comfort Suites. (3) Includes Clarion family of brand extensions including Clarion and Clarion Pointe. Exhibit 6 CHOICE HOTELS INTERNATIONAL, INC. SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION (UNAUDITED) EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION ("EBITDA") AND ADJUSTED EBITDA (dollar amounts in thousands) Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 Net income $ 105,716 $ 92,024 $ 223,861 $ 229,554 Income tax expense 31,432 29,205 70,076 71,717 Interest expense 22,038 16,168 66,064 46,522 Interest income (2,411) (1,897) (6,557) (5,836) Loss on extinguishment of debt 331 — 331 — Other (gain) loss (4,013) 1,343 (133) (2,752) Equity in net gain of affiliates (1,310) (1,801) (9,088) (1,923) Depreciation and amortization 10,861 9,633 32,623 29,468 EBITDA $ 162,644 $ 144,675 $ 377,177 $ 366,750 Share-based compensation 5,425 5,890 15,484 16,503 Mark to market adjustments on non-qualified retirement plan investments 2,533 (913) 7,185 2,955 Franchise agreement acquisition costs amortization and charges 4,011 2,972 11,592 8,368 Net reimbursable deficit (surplus) from franchised and managed properties 1,148 (7,889) 30,703 (13,150) Global ERP system implementation and related costs 586 — 586 — Business combination, diligence and transition costs 984 10,871 17,723 30,613 Operational restructuring charges 255 275 788 1,844 Limited payment guarantee charge — — — 1,551 Expenses associated with legal claims — — 2,430 — Adjusted EBITDA $ 177,586 $ 155,881 $ 463,668 $ 415,434 ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE (EPS) (dollar amounts in thousands, except per share amounts) Three months ended September 30, Nine months ended September 30, 2024 2023 2024 2023 Net income $ 105,716 $ 92,024 $ 223,861 $ 229,554 Loss on extinguishment of debt 250 — 250 — (Gain) Loss on investments in equity securities, net of dividend income (635) — 5,076 — Net reimbursable (surplus) deficit from franchised and managed properties (538) (7,975) 18,660 (15,525) Business combination, diligence and transition costs 794 8,169 13,398 23,113 Operational restructuring charges 194 204 596 1,392 Limited payment guarantee charge — — — 1,174 Expenses associated with legal claims — — 1,830 — Gain on sale of an affiliate — — (5,446) — Global ERP system implementation and related costs 443 — 443 — Adjusted Net Income $ 106,224 $ 92,422 $ 258,668 $ 239,708 Diluted Earnings Per Share $ 2.22 $ 1.81 $ 4.61 $ 4.47 Loss on extinguishment of debt 0.01 — 0.01 — (Gain) Loss on investments in equity securities, net of dividend income (0.01) — 0.10 — Net reimbursable (surplus) deficit from franchised and managed properties (0.02) (0.15) 0.37 (0.30) Business combination, diligence and transition costs 0.02 0.16 0.28 0.45 Operational restructuring charges — — 0.01 0.03 Limited payment guarantee charge — — — 0.02 Expenses associated with legal claims — — 0.04 — Gain on sale of an affiliate — — (0.11) — Global ERP system implementation and related costs 0.01 — 0.01 — Adjusted Diluted Earnings Per Share (EPS) $ 2.23 $ 1.82 $ 5.32 $ 4.67 Exhibit 7 CHOICE HOTELS INTERNATIONAL, INC. SUPPLEMENTAL INFORMATION - 2024 OUTLOOK (UNAUDITED) Guidance represents the company's range of estimated outcomes for the full year ended December 31, 2024 EBITDA AND ADJUSTED EBITDA (in thousands) Full Year Full Year Lower Range Upper Range Net income $ 276,000 $ 284,000 Income tax expense 86,700 88,500 Interest expense 88,000 88,000 Interest income (8,400) (8,400) Loss on extinguishment of debt 300 300 Other gain (500) (500) Equity in net gain of affiliates (10,000) (9,800) Depreciation and amortization 51,900 51,900 EBITDA $ 484,000 $ 494,000 Share-based compensation 20,800 20,800 Mark to market adjustments on non-qualified retirement plan investments 7,100 7,100 Franchise agreement acquisition costs amortization 15,200 15,400 Net reimbursable deficit from franchised and managed properties 39,600 39,600 Global ERP system implementation and related costs 1,700 1,700 Business combination, diligence and transition costs 18,300 18,100 Operational restructuring charges 800 800 Expenses associated with legal claims 2,500 2,500 Adjusted EBITDA $ 590,000 $ 600,000 ADJUSTED NET INCOME & DILUTED EARNINGS PER SHARE (EPS) (in thousands, except per share amounts) Full Year Full Year Lower Range Upper Range Net income $ 276,000 $ 284,000 Loss on extinguishment of debt 200 200 Loss on investments in equity securities, net of dividend income 5,100 5,100 Net reimbursable deficit from franchised and managed properties 29,800 29,800 Business combination, diligence and transition costs 13,600 13,600 Operational restructuring charges 600 600 Expenses associated with legal claims 1,800 1,800 Gain on sale of an affiliate (5,300) (5,300) Global ERP system implementation and related costs 1,200 1,200 Adjusted Net Income $ 323,000 $ 331,000 Diluted Earnings Per Share $ 5.74 $ 5.91 Loss on extinguishment of debt 0.01 0.01 Loss on investments in equity securities, net of dividend income 0.11 0.11 Net reimbursable deficit from franchised and managed properties 0.61 0.61 Business combination, diligence and transition costs 0.28 0.28 Operational restructuring charges 0.01 0.01 Expenses associated with legal claims 0.04 0.04 Gain on sale of an affiliate (0.11) (0.11) Global ERP system implementation and related costs 0.01 0.01 Adjusted Diluted Earnings Per Share (EPS) $ 6.70 $ 6.87

the item shown at left

other guidance in this release

Text is the filed exhibit, verbatim.