April 20, 2005
Choice Hotel Selects Shift4 as Payment Gateway
Las Vegas, NV, April 20, 2005 – Worldwide lodging franchisor Choice Hotels International, Inc. (NYSE:CHH) has signed an exclusive three year agreement with Shift4 Corporation to provide Shift4’s DOLLARS ON THE NET software to Choice Hotels franchisees.
“We are extremely pleased to be partnering with Choice Hotels in delivering our DOLLARS ON THE NET solution to their franchise properties. I think this agreement says a lot about both companies – Choice, in terms of their obvious commitment to technology and to their franchisees; and Shift4 in terms of our feature set and ease of use,” stated Dave Oder, president & CEO, Shift4 Corporation.
DOLLARS ON THE NET allows associates at Choice’s Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, and Rodeway Inn brand hotels to quickly, accurately and securely process credit card transactions from their property management systems through any processor they select. In addition, DOLLARS ON THE NET provides the management at these properties advanced auditing capabilities, robust reporting and fraud controls. Franchisees with multiple properties or properties with multiple profit centers (restaurants, gift shops, etc.) can centrally report and manage transactions for the complete enterprise right from a web-browser.
“In evaluating this transactional solution on behalf of our franchisees, we considered cost, ease of installation and functionality,” said Christopher Yellen, vice president, property systems, Choice Hotels. “We believe we found all three with Shift4.”
The initial installation of the first 2650 properties will be completed by September 30 th of 2005, but only represents the first stage of an ongoing partnership. Phase two of the project will include the installation of hundreds of additional properties and will also focus on the development of additional functionality for the properties, including check verification and debit features.