Franchise opportunities compared
Choice Hotels International vs Tl N
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Choice Hotels International
$9,490,495 – $55,271,100
2026 FDD · Item 7 · PDF p. 49Tl N
$2,270 – $17,910
2026 FDD · Item 7 · PDF p. 16Initial franchise fee · Item 5
Choice Hotels International
Not available
Tl N
Not available
Royalty · Item 6
Choice Hotels International
6%
2026 FDD · Item 6 · PDF p. 33Tl N
$124
2026 FDD · Item 6 · PDF p. 11Before you compare
- Both sets of figures come from 2026 FDDs.
- Only Choice Hotels International has reviewed Item 19 figures here.
Financial commitment
Choice Hotels InternationalChoice Hotels International
Tl N
Choice Hotels International
Tl N
Choice Hotels International
Tl N
Choice Hotels International
Tl N
System scale & health
Choice Hotels InternationalChoice Hotels International
Tl N
Choice Hotels International
Tl N
Choice Hotels International
Tl N
Choice Hotels International
Tl N
Choice Hotels International
Tl N
Financial performance (Item 19), by location group
Choice Hotels InternationalNo reviewed Item 19 figures
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Choice Hotels International vs Tl N: common questions
- Which costs less to open, Choice Hotels International or Tl N?
- Choice Hotels International: $9,490,495 – $55,271,100 (2026 FDD · Item 7 · PDF p. 49); Tl N: $2,270 – $17,910 (2026 FDD · Item 7 · PDF p. 16). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Tl N. Estimates are not quotes, and the FDD years may differ.
- How do Choice Hotels International and Tl N royalties compare?
- Choice Hotels International: 6% (2026 FDD · Item 6 · PDF p. 33); Tl N: $124 (2026 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Choice Hotels International or Tl N?
- Choice Hotels International: 46 (2026 FDD · Item 20 · PDF p. 81); Tl N: 188 (2026 FDD · Item 20 · PDF p. 33). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Choice Hotels International and Tl N disclose financial performance (Item 19)?
- Choice Hotels International has reviewed Item 19 figures for 2 location groups; Tl N has no reviewed Item 19 figures on file. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching

Full Choice Hotels International report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Tl N report
Every reviewed fee, Item 19 group, outlet table and territory disclosure

