• Choice Hotels average return on assets for 2023 was 13.38, a 21.52% decline from 2022.
• Choice Hotels average return on assets for 2022 was 17.05, a 68.15% decline from 2021.
• Choice Hotels average return on assets for 2021 was 10.14, a 1.5% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.