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Questex's Hotel Management Announces the 2024 "Forty Over 40" Award Winners
Newsfilter· 2024-02-27 15:30
NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Questex's Hotel Management today announces 2024's "Forty Over 40" list, which showcases dedicated, enthusiastic leaders in the hospitality industry who are age 40 plus. Hotel Management opened its call for nominations to the greater industry to identify hospitality trailblazers 40 or over who deserve widespread recognition for their commitment and experience. More than 100 nominations were received, and 40 professionals were chosen by Hotel Management's senior edi ...
Choice Hotels (CHH) Q4 Earnings Beat Estimates, Rise Y/Y
Zacks Investment Research· 2024-02-21 16:36
Choice Hotels International, Inc. (CHH) delivered mixed fourth-quarter 2023 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top line fell year over year, while the bottom line increased from the prior-year quarter’s figure.In 2023, the company reported an uptick in growth, exceeding its full-year adjusted EBITDA and adjusted EPS guidance. The upside was propelled by the effective strategy of incorporating hotels with higher royalties per unit. The company expan ...
Choice Hotels(CHH) - 2023 Q4 - Earnings Call Transcript
2024-02-20 17:18
Choice Hotels International, Inc. (NYSE:CHH) Q4 2023 Earnings Conference Call February 20, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Patrick Pacious - President and Chief Executive Officer Scott Oaksmith - Chief Financial Officer Dominic Dragisich - Executive Vice President, Operations and Chief Global Brand Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Robert W. Baird Stephen Grambling - Morgan Stanley Robin Farle ...
Choice Hotels (CHH) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-20 15:36
Choice Hotels (CHH) reported $358.4 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 1%. EPS of $1.44 for the same period compares to $1.26 a year ago.The reported revenue represents a surprise of -3.09% over the Zacks Consensus Estimate of $369.81 million. With the consensus EPS estimate being $1.35, the EPS surprise was +6.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Factors Setting the Tone for Choice Hotels' (CHH) Q4 Earnings
Zacks Investment Research· 2024-02-19 16:56
Choice Hotels International, Inc. (CHH) is scheduled to report fourth-quarter 2023 results on Feb 20, 2023, before the opening bell.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate, but the revenues surpassed the same. Earnings and revenues increased 16.7% and 3% from the year-ago quarter’s figures, respectively.CHH topped the consensus mark in three of the last four quarters and missed on the other occasion, the average beat being 5.2%.The Trend in Estimate RevisionF ...
Choice Hotels(CHH) - 2023 Q4 - Annual Report
2024-02-19 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________________________________ FORM 10-K _______________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ...
Why Choice Hotels (CHH) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-02-19 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
Choice Hotels (CHH) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-02-14 15:21
Analysts on Wall Street project that Choice Hotels (CHH) will announce quarterly earnings of $1.35 per share in its forthcoming report, representing an increase of 7.1% year over year. Revenues are projected to reach $369.81 million, increasing 2.2% from the same quarter last year.The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projectio ...
Choice Hotels to Offer Access to Tesla Electric Vehicle Charging Stations at Participating Hotels Across the United States
Prnewswire· 2024-02-06 14:37
Collaboration Provides Guests with Charging Availability and Prepares Hotel Owners to Meet Growing Demand  NORTH BETHESDA, Md., Feb. 6, 2024 /PRNewswire/ -- Choice Hotels International (NYSE: CHH), one of the world's largest hotel franchisors, announced today an agreement with Tesla to offer Tesla Universal Wall Connectors to participating Radisson, Cambria, Comfort, Country Inn & Suites, Quality Inn and other Choice-branded hotels across the U.S. Through this agreement, Choice-branded properties can add fo ...
Choice Hotels Named by AAA and CAA as Their First New Preferred Hotel Supplier in a Decade
Prnewswire· 2024-02-05 16:01
"We are thrilled to be named AAA and CAA's first Preferred Hotel Supplier in a decade," said Abhijit Patel, vice president, revenue management and distribution, Choice Hotels. "AAA and CAA members represent a significant market with a combined membership that accounts for 31% of all paid room nights across North America. Choice's offerings are ideally positioned in drive-to markets throughout North America that will cater to AAA and CAA members." AAA and CAA members are known for their significant contribut ...