"We're excited to continue Cambria Hotels' expansion showcasing its unique offerings and top-notch amenities to even more guests in top destinations including Niagara Falls, Rehoboth, North Conway, and Denver," said Indy Adenaw, senior vice president and general manager, upscale, Choice Hotels. "Each new Cambria Hotel that opens, with its stylish yet approachable esthetic, great amenities including a full bar, and perfectly situated location, makes the upscale brand a go-to for travelers whether they are lo ...

Core Viewpoint - Choice Hotels has demonstrated a strong performance in beating earnings estimates, indicating potential for continued success in upcoming reports [3][7]. Group 1: Earnings Performance - For the most recent quarter, Choice Hotels reported earnings of $1.28 per share, exceeding the expected $1.15 per share by 11.30% [1]. - In the previous quarter, the company reported $1.44 per share against an expectation of $1.35 per share, resulting in a surprise of 6.67% [1]. - On average, the company has surpassed earnings estimates by 8.99% over the last two quarters [7]. Group 2: Earnings Estimates and Predictions - Recent estimates for Choice Hotels have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a likelihood of another earnings beat [4][10]. - The current Earnings ESP for Choice Hotels stands at +3.52%, suggesting analysts are optimistic about its near-term earnings potential [10]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [8].

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. (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 ...

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 ...

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 ...

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 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 ...

"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 ...

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 ...