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From Acquisition to Reposition: Choice Hotels Relaunches Park Inn by Radisson to Capitalize on Untapped Market within Portfolio of Hotels
Prnewswire· 2024-05-02 13:00
"The relaunch of Park Inn by Radisson into the premium value conversion space underscores our commitment to delivering an unparalleled guest experience, inspired by the simplicity and vibrant energy of parks," said Cathy Hartman, vice president, brand strategy, Choice Hotels. "The brand has been built around a promise to brighten up every stay with a refreshing blend of color, connectivity, and convenience." Park Inn by Radisson will cater to a new generation of experience-centered travelers in a way that's ...
Choice Hotels (CHH) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-05-01 15:05
The market expects Choice Hotels (CHH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Choice Hotels International Takes it to the "Next Level" at 68th Annual Convention
Prnewswire· 2024-05-01 13:00
Choice Hotels President and CEO Patrick Pacious opened the three-day event, telling Choice franchisees, "Together, we have achieved a new level of success and positioned our brands to capture even more of the growing demand for travel in the coming years." "Choice is a leader in technology and innovation, brand creation, brand renewal and franchisee retention," Pacious added. "And when we look to the future, we see a portfolio of brands that are getting stronger together: By investing in Upscale, we have be ...
Choice Hotels International Hosts "SOAR" Seminar to Attract, Mentor and Educate Historically Underrepresented Groups on Their Path to Hotel Ownership
Prnewswire· 2024-04-30 14:28
The full day development seminar, attended by prospective and current owners and operators, featured a Q&A with former NFL player and Comfort Inn and Mainstay Suites owner Chinedum Ndukwe; discussions about breaking barriers to entry within the industry; and an evening networking reception. "As the first hotel company to establish a dedicated development team solely focused on extending the opportunity of hotel ownership to underrepresented populations, the SOAR team will continue to open doors for underrep ...
Choice Hotels International Unveils Year of Sustainability Milestones in Newly Published 2023 Environmental, Social, and Governance Report
Prnewswire· 2024-04-25 13:00
"At Choice, we're committed to building a better tomorrow, today. By championing sustainable practices, we're helping hotel owners save time and money and appeal to guests and corporate clients," said Megan Brumagim, Vice President of Sustainability at Choice. "Embracing and committing to sustainability is not just the right thing to do, it's also good for business. We are proud of the progress we've made and are energized to continue our sustainability journey." Guests browsing ChoiceHotels.com can now ide ...
Choice Hotels and Influencer Jimmy Darts Make Travels Come True with Vacation Giveaway on TikTok for Two Deserving Families
Prnewswire· 2024-04-11 14:00
"Collaborating with Jimmy Darts to give away family trips brings to life how Choice Hotels makes travels come true," said Noha Abdalla, chief marketing officer, Choice Hotels. "By infusing a blend of authenticity and spontaneity, our goal is to increase awareness with younger travelers on TikTok that Choice has the perfect hotel for every trip and budget just a click away on ChoiceHotels.com."   In the giveaway unveiled by Jimmy yesterday, he spoke with several people at a grocery store in Los Angeles and s ...
Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands
Prnewswire· 2024-04-09 17:01
"Even as we up the game in upscale and extend our lead in extended stay, Choice is as committed as ever to growing and improving the performance of our great core brands," said Chief Segment and International Operations Officer Raul Ramirez. "Judd has a proven ability to develop strong relationships with hotel owners and operators while driving hotel revenue, profitability, and guest satisfaction, and I'm confident he'll help lead our core portfolio to the next level." Choice's core brand portfolio includes ...
The 3 Best Travel Stocks to Buy in April 2024
InvestorPlace· 2024-04-07 17:56
While it’s an adventurous idea in more ways than one, if you believe in the lasting power of revenge travel, these ideas for best travel stocks to buy in April could be enticing.According to research from Deloitte, the immediacy of the revenge travel sentiment has likely waned. After all, it’s been a while since governments across the world opened their borders following the Covid-19 disaster. Going abroad is no longer a must-have novelty experience. Nevertheless, consumers may prioritize vacationing in a w ...
Digital Redemption Unlocked: Choice Privileges Makes It Easier for Members to Use Points for Luxury Stays at Preferred Hotels & Resorts
Prnewswire· 2024-04-02 13:00
"Our members can look forward to remarkable experiences when they redeem points for stays at any of the hundreds of Preferred Hotels & Resorts worldwide," said Julie Purser, vice president, loyalty strategy & membership rewards, Choice Hotels International. "Booking these redemption stays directly from our website will make it easier than ever for members to access this new realm of opportunity for free night stays at a wide variety of hotels, including luxury resorts, in the locations our members want to b ...
Choice Hotels International (CHH) Up 14% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-21 16:36
A month has gone by since the last earnings report for Choice Hotels (CHH) . Shares have added about 14% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Choice Hotels International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Choice Hotels Q4 Earnings Beat Estima ...