<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTER ENDED AUGUST 31, 1997 COMMISSION FILE NO. 1-11915
CHOICE HOTELS INTERNATIONAL, INC.
10750 COLUMBIA PIKE
SILVER SPRING, MD. 20901
(301) 979-5000
Delaware 53-1985619
------------------------ -------------------------
(STATE OF INCORPORATION) (I.R.S. EMPLOYER
IDENTIFICATION NUMBER)
-------------------------------------------
(Former name, if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past 90 days.
Yes X No
----- -----
SHARES OUTSTANDING
CLASS AT AUGUST 31, 1997
- ----------------------- ------------------------
Common Stock, $0.01
par value per share 59,672,784
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================================================================================
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
CHOICE HOTELS INTERNATIONAL, INC.
Date: October 16, 1997 /s/ Michael J. DeSantis
---------------- -----------------------------
By: Michael J. DeSantis
Senior Vice President,
General Counsel and Secretary
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets, the consolidated statements of income and the
consolidated statements of cash flows and is qualified in its entirety by
reference to such financial statements and the notes thereto.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAY-31-1998
<PERIOD-START> JUN-01-1997
<PERIOD-END> AUG-31-1997
<CASH> 8,199
<SECURITIES> 0
<RECEIVABLES> 10,720
<ALLOWANCES> 637
<INVENTORY> 581
<CURRENT-ASSETS> 82,269
<PP&E> 413,512
<DEPRECIATION> 61,984
<TOTAL-ASSETS> 439,069
<CURRENT-LIABILITIES> 73,742
<BONDS> 235,755
0
0
<COMMON> 640
<OTHER-SE> 128,182
<TOTAL-LIABILITY-AND-EQUITY> 439,069
<SALES> 0
<TOTAL-REVENUES> 54,098
<CGS> 0
<TOTAL-COSTS> 42,354
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 4,500
<INCOME-PRETAX> 7,244
<INCOME-TAX> 2,982
<INCOME-CONTINUING> 4,262
<DISCONTINUED> 11,853
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 16,115
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
