Choice Hotels(CHH)

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Choice Hotels Becomes First Hotel Company to Complete Total Data Center Migration to the Cloud
Prnewswire· 2024-01-29 17:00
"By moving all of our systems to the cloud, we're ensuring that our franchisees have up-to-the-minute access to the latest innovations, saving time and money while providing industry-leading distribution and digital systems throughout the competitive hotel booking journey," said Brian Kirkland, Chief Information Officer for Choice Hotels. The migration concludes a five-year process and represents a significant milestone in Choice's continued legacy of technology innovation. The move to AWS Cloud is a key ...
Choice Hotels (CHH) Enters 2024 With New Growth Initiatives
Zacks Investment Research· 2024-01-24 21:01
Choice Hotels International, Inc. (CHH) plans on restyling and enhancing the on-property experiences of five of the eight brands across its upscale and upper upscale portfolio.By leveraging the solid base of 400 upscale hotels and counting, along with new hotel openings comprising 19 properties under Ascend Hotel Collection and nine under Cambria Hotels, CHH aims to become the go-to franchisor for developers looking for differentiated products. Also, an 8% year-over-year increase in revenue per available ro ...
After Banner 2023, Choice Hotels Enters Next Chapter of Growth for its Upscale and Upper Upscale Portfolio of Brands, Starting with Radisson Blu
Prnewswire· 2024-01-23 17:44
"Radisson Blu has proven its potential and appeal among guests and owners alike as it transcends the ordinary, redefining upper upscale by blending contemporary design with warmth and an enriching environment," said Indy Adenaw, senior vice president and general manager, upscale brands, Choice Hotels. "The upper and upscale landscape is littered with generic hotels and Choice now has the opportunity with 400 hotels and counting, and the proven success we've had, to make a statement and drive even stronger ...
Why Choice Hotels (CHH) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-01-23 15:42
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 research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...
Choice Hotels Proposes a Full Slate of Independent, Highly Qualified Individuals for Election at the 2024 Annual Meeting of Wyndham Hotels & Resorts
Prnewswire· 2024-01-22 11:30
Nominees Are Seasoned Leaders with Financial and Operational Experience Across Hospitality, Franchising and Other Relevant IndustriesWyndham Shareholders Deserve a Board Focused on Good Governance and Its Fiduciary Duty to Drive Shareholder ValueNORTH BETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) ("Choice"), one of the world's most successful lodging franchisors, today announced that it has proposed eight independent, highly qualified individuals to stand for ele ...
Here's Why Choice Hotels (CHH) is a Strong Growth Stock
Zacks Investment Research· 2024-01-17 16:16
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...
Choice Hotels International Celebrates Year of Accelerating Growth
Prnewswire· 2024-01-17 13:03
Distinct Revenue-Intense Growth Strategy Delivers Strong Development ResultsNORTH BETHESDA, Md., Jan. 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest and most successful lodging franchisors, celebrated another year of strong growth, announcing higher-than-expected brand growth across its revenue-intense segments in 2023. Choice Hotels International. (PRNewsFoto/Choice Hotels International) (PRNewsfoto/Choice Hotels International) Choice drove a 1.4% inc ...
Choice Hotels (CHH) Stock Down 7% in 3 Months: Can It Revive?
Zacks Investment Research· 2024-01-15 14:46
Shares of Choice Hotels International, Inc. (CHH) have declined 7% in the past three months against the industry’s and S&P 500’s growth of 14.4% and 9.1%, respectively. The decline can be primarily attributed to a volatile macroeconomic environment.The company believes that if inflation rates rise moderately, it will likely lead to comparable or even higher increases in hotel room rates. CHH is monitoring future inflation trends and assessing any potential impacts.The Zacks Rank #3 (Hold) company’s earnings ...
Choice Hotels accuses acquisition target Wyndham of making 'false and misleading' antitrust claims to block deal
Proactive Investors· 2024-01-10 16:58
About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine. Read more About the publisher Pr ...
Choice Hotels slams Wyndham's claims of antitrust risk in its $85-a-share bid for its smaller rival
Market Watch· 2024-01-10 13:18
Choice Hotels International Inc. CHH, -1.31% said Wednesday that the antitrust risk that Wyndham Hotels & Resorts Inc. WH, -0.84% has claimed is inherent in Choice’s hostile $85-a-share takeover bid for its smaller rival is “misleading and further reflects the board’s apparent entrenchment.” In a presentation published Wednesday and filed with the Securities and Exchange Commission, Choice Hotels said it’s disappointed that Wyndham has pushed its disinformation campaign. “Wyndham’s characterization of the ...