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Choice Hotels International (CHH) backlog: remaining performance obligations

How much revenue Choice Hotels International already has under contract, how fast it converts, and who it is with.

Data as of .

Choice Hotels International backlog history

$0$500M$1B$2BDec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2026Sep 2026Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
30 Sep 2026$236M$1.63B0.1 yrs$108M
30 Jun 2026$230M$1.62B0.1 yrs$104M
31 Mar 2026$222M$1.60B0.1 yrs$113M
31 Dec 2025$220M$1.60B0.1 yrs$101M
30 Sep 2025$234M$1.60B0.1 yrs$110M
30 Jun 2025$218M$1.58B0.1 yrs$106M
31 Mar 2025$221M$1.59B0.1 yrs$116M
31 Dec 2024$217M$1.58B0.1 yrs$234M
30 Sep 2024$214M$1.55B0.1 yrs$103M
30 Jun 2024$212M$1.55B0.1 yrs$106M
31 Mar 2024$210M$1.54B0.1 yrs$116M
31 Dec 2023$210M$1.54B0.1 yrs$242M

Questions

What is Choice Hotels International's backlog?
Choice Hotels International reported $236M of remaining performance obligations at 30 Sep 2026, up 1% from a year earlier and up 3% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.