Choice Hotels International (CHH) 8-K Results of Operations and Financial Condition

Exhibit 99.2

Choice Hotels International, Inc.

Domestic Hotel Pipeline of Hotels Under Construction, Awaiting Conversion or Approved for Development

(Unaudited)

A hotel in the domestic pipeline does not always result in an open and operating hotel due to various factors.

	June 30, 2006 Units			June 30, 2005 Units			Variance
							Conversion				New Construction				Total
	Conversion	New Construction	Total	Conversion	New Construction	Total	Units		%		Units		%		Units		%
Comfort Inn	40	101	141	26	64	90	14		54	%	37		58	%	51		57	%
Comfort Suites	4	202	206	1	134	135	3		300	%	68		51	%	71		53	%
Sleep Inn	—	85	85	1	64	65	(1	)	-100	%	21		33	%	20		31	%
Mainstay	1	35	36	1	27	28	—		0	%	8		30	%	8		29	%
Cambria	—	28	28	—	6	6	—		NM		22		367	%	22		367	%
Quality	55	14	69	58	11	69	(3	)	-5	%	3		27	%	—		0	%
Clarion	18	4	22	10	1	11	8		80	%	3		300	%	11		100	%
Econo Lodge	24	6	30	38	10	48	(14	)	-37	%	(4	)	-40	%	(18	)	-38	%
Rodeway	50	1	51	18	1	19	32		178	%	—		0	%	32		168	%
Suburban	1	18	19	—	—	—	1		NM		18		NM		19		NM
	193	494	687	153	318	471	40		26	%	176		55	%	216		46	%
	June 30, 2006 Rooms			June 30, 2005 Rooms			Variance
							Conversion				New Construction				Total
	Conversion	New Construction	Total	Conversion	New Construction	Total	Units		%		Units		%		Units		%
Comfort Inn	3,319	6,909	10,228	2,260	4,320	6,580	1,059		47	%	2,589		60	%	3,648		55	%
Comfort Suites	260	15,216	15,476	48	9,998	10,046	212		442	%	5,218		52	%	5,430		54	%
Sleep Inn	—	6,060	6,060	59	4,465	4,524	(59	)	-100	%	1,595		36	%	1,536		34	%
Mainstay	32	2,804	2,836	32	2,180	2,212	—		0	%	624		29	%	624		28	%
Cambria	—	3,212	3,212	—	710	710	—		NM		2,502		352	%	2,502		352	%
Quality	5,228	963	6,191	5,288	798	6,086	(60	)	-1	%	165		21	%	105		2	%
Clarion	2,607	338	2,945	1,351	90	1,441	1,256		93	%	248		276	%	1,504		104	%
Econo Lodge	1,650	291	1,941	2,362	555	2,917	(712	)	-30	%	(264	)	-48	%	(976	)	-33	%
Rodeway	3,389	30	3,419	1,508	34	1,542	1,881		125	%	(4	)	-12	%	1,877		122	%
Suburban	147	1,310	1,457	—	—	—	147		NM		1,310		NM		1,457		NM
	16,632	37,133	53,765	12,908	23,150	36,058	3,724		29	%	13,983		60	%	17,707		49	%