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as of close, Oct 20, 2026
☾ AH $113.46 +3.48%
Choice Hotels International Inc.Stock · Consumer DiscretionaryRussell 3000 · 0.004% of IWVRussell 1000 · 0.004% of IWBUS Stock Market · 0.004% of VTI
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Choice Hotels International Inc. drawdown: 27.3% below the all-time high (price)

Choice Hotels International Inc. is 27.3% below its all-time high, set Dec 31, 2021 (as of market close, Oct 20, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−27.3%
72.7% of ATH
All-time high
$155.99
Dec 31, 2021
Time below the high
4.8 yrs
since Dec 31, 2021
Worst-ever drawdown
−67.3%
Oct 9, 2008
Longest underwater
8.6 yrs
between all-time highs
Today's level first reached
Mar 17, 2021
5.6 yrs ago
Last time this deep
Jun 10, 2024
in a previous episode

% of all-time high since 1996: price#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%40%60%80%
CHH close · log5.0010.0020.0050.00100
200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jul 11, 2006Oct 9, 2008−67.3%2.2 yrsFeb 13, 20158.6 yrs
Oct 3, 1997Sep 18, 2000−62.2%3.0 yrsJul 18, 20013.8 yrs
Feb 19, 2020Mar 23, 2020−50.5%33 daysDec 4, 20209 mo
Dec 31, 2021Dec 9, 2025−45.9%3.9 yrsnot yet4.8 yrs+
Aug 24, 2001Sep 20, 2001−40.1%27 daysDec 24, 20014 mo
Mar 20, 2015Jan 19, 2016−35.5%10 moMay 2, 20172.1 yrs
May 2, 2002Oct 18, 2002−35.0%6 moJun 11, 200313 mo
Dec 31, 1996Apr 28, 1997−27.7%4 moJul 15, 19976 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1996: how far Choice Hotels International Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Choice Hotels International Inc. from its all-time high?
Choice Hotels International Inc. is currently 27.3% below its all-time high, set Dec 31, 2021 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Choice Hotels International Inc. drawdown ever?
The deepest decline on record in our data (since 1996) took Choice Hotels International Inc. 67.3% below its prior high, bottoming Oct 9, 2008. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from CHH; no free deep history exists for Choice Hotels International Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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