Choice Hotels(CHH)

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Will Choice Hotels (CHH) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-17 17:15
For the most recent quarter, Choice Hotels was expected to post earnings of $1.15 per share, but it reported $1.28 per share instead, representing a surprise of 11.30%. For the previous quarter, the consensus estimate was $1.35 per share, while it actually produced $1.44 per share, a surprise of 6.67%. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change ...
Choice Hotels Recognized by TIME and Statista's Inaugural List of "America's Best Mid-Size Companies 2024"
Prnewswire· 2024-07-11 14:58
Core Insights - Choice Hotels International, Inc. has been recognized as one of "America's Best Mid-Size Companies 2024" by TIME and Statista, highlighting its employee satisfaction, revenue growth, and sustainability transparency [1][2] Company Overview - Choice Hotels is one of the largest lodging franchisors globally, with nearly 7,500 hotels and over 630,000 rooms across 45 countries and territories [4] - The company operates a diverse portfolio of 22 brands, catering to various traveler needs from upscale to economy segments [4] Awards and Recognition - In addition to the recent accolade, Choice Hotels has received multiple awards, including: - Newsweek's "America's Greatest Workplaces for Women" (2024) - Fortune's "America's Most Innovative Companies" (2023) - Forbes' "World's Best Employers" (2022) [2]
Choice Hotels International to Report 2024 Second Quarter Results on August 8, 2024
Prnewswire· 2024-07-10 13:00
Choice Hotels International. (PRNewsFoto/Choice Hotels International) (PRNewsfoto/Choice Hotels International) Choice Hotels International. (PRNewsFoto/Choice Hotels International) (PRNewsfoto/Choice Hotels International) The call will be recorded and available for replay on the investor relations website within 24 hours. In addition, the call will be archived on the investor relations website and can be accessed via the Events and Presentations tab. Choice Hotels International, Inc. (NYSE: CHH) is one of t ...
Choice Hotels Announces Pricing Of Senior Notes Offering
Prnewswire· 2024-06-25 21:42
The notes will mature on August 1, 2034, will bear interest at a rate of 5.850%, and will be issued at 98.929% of par value. The notes will be unsecured, unsubordinated obligations of the Company. A copy of the prospectus included in the registration statement may also be obtained from the SEC's website at www.sec.gov. Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world, with nearly 7,500 hotels, representing more than 630,000 rooms, in 45 countries and terri ...
Choice Hotels' (CHH) Everhome Suites Expands in Lexington
ZACKS· 2024-06-12 16:21
Moreover, it has over 10 Everhome Suites expected to open within the next year. In the extended stay category, the company has more than 400 properties in the pipeline across its four brands as of the first quarter of 2024. Choice's domestic extended stay hotel portfolio expanded by 17.4% from March 31, 2023, to March 31, 2024, fueled by growth in its economy and midscale extended stay brands. Focus on Extended Stay Brand On Jun 6, 2024, the company unveiled plans to expand the Everhome Suites brand with th ...
Choice Hotels: Positive Read-Throughs From Travel Surveys And Shareholder Meeting
Seeking Alpha· 2024-06-09 06:26
Thomas Barwick My rating for Choice Hotels International, Inc. (NYSE:CHH) stock is a Buy. Recent Travel Surveys Were Favorable But Choice Hotels' guidance is pretty conservative, which stands in contrast with the reasonably bullish travel surveys cited above. In specific terms, CHH anticipates that the company's Revenue Per Available Room or RevPAR will be "flat to 2%" higher for full-year 2024 as indicated in its investor presentation slides. My opinion is that CHH's actual full-year 2024 RevPAR will be at ...
Choice Hotels' (CHH) Everhome Suites Expands With 3 New Hotels
ZACKS· 2024-06-07 16:45
Choice Hotels International, Inc. (CHH) will expand the footprint of one of its extended stay brands, Everhome Suites, with three new properties across the Northeast markets of the United States. Developed in partnership with Highside Companies, the new extended stay properties will be located in Portsmouth, NH; Rochester, NY; and Somerset, NJ. The properties are named Everhome Suites Portsmouth, Everhome Suites Rochester and Everhome Suites Somerset, and are expected to open for service in the summer, spri ...
Everhome Suites Expands Presence in the Northeast with Three New Groundbreakings in New Hampshire, New Jersey, and New York
Prnewswire· 2024-06-06 14:00
"With three new properties breaking ground in key high-barrier-to-entry Northeast markets, Choice is continuing its leadership and growth in extended stay," said Matt McElhare, vice president and lead for Extended Stay Brands, Choice Hotels. "With four Everhome Suites open, over 60 in development, 20 under construction, and more than 10 expected to open within the next year, Choice has first mover advantage with a proven track record of success. Our leadership is made possible by Choice's dedicated team of ...
Here's Why You Should Retain Choice Hotels' (CHH) Stock
ZACKS· 2024-05-30 17:21
Choice Hotels International, Inc. (CHH) is likely to benefit from its unit growth strategy, hotel conversions and franchise business. Also, synergies through the Radisson Hotels Americas integration bode well. However, uncertain macroeconomic environments are a concern. Let us discuss the factors that highlight why investors should retain the stock for now. Growth Catalysts The company's distinct unit growth strategy continues to yield positive results, enhancing the attractiveness of its brands. By focusin ...
Discover Hidden Gems: Choice Hotels Associates Recommend Top Summer Hotels and Destinations
Prnewswire· 2024-05-21 16:23
Addendum This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 915 Meeting St, North Bethesda, MD 20852, email: [email protected]. About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale an ...