CHOICE HOTELS INTERNATIONAL REPORTS STRONG THIRD QUARTER 2024 RESULTS Drives EPS Growth of 23% Year-over-Year Raises Full-year 2024 Net Income, EPS, and RevPAR Guidance NORTH BETHESDA, Md., November 4, 2024 – Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its third quarter 2024 results. Highlights include: • Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023. • N ...

Drives EPS Growth of 23% Year-over-Year Raises Full-year 2024 Net Income, EPS, and RevPAR Guidance NORTH BETHESDA, Md., Nov. 4, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its third quarter 2024 results.Highlights include: Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023. Net income increased 15% to $105.7 million for third quarter 2024 ...

Choice Privileges' more than 66 million members can redeem their points at over 7,000 hotels ranging from upscale properties to extended stay hotels located in 45 countries and territories around the world. Members can soon access these properties with the following new features: Expanded booking window: Book a reward night up to 50 weeks in advance, giving them more time to plan their trip. Premium room types: Redeem points for the premium features that matter most to them, such as extra space, a better v ...

Choice Hotels (CHH) shares rallied 7.1% in the last trading session to close at $141.35. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.1% gain over the past four weeks.Strong demand trends across Choice Hotels’ diversified portfolio of brands along with international market reach expansion bode well for the company. This hotel franchiser is expected to post quarterly earnings of $1.91 per share in its upc ...

"Reaching 500 open extended stay properties is a testament to our strategic focus on this high growth category, proven extended stay hotel operating model, and tried and true brand prototypes, all of which make Choice's expertise the best in the industry," said Patrick Pacious, President and CEO of Choice Hotels, International. "As we continue to grow, we're committed to working with developers to deliver high-quality, cost-effective properties that provide an excellent long-staying guest experience and unp ...

Choice Privileges members have donated more than 14 million points, equivalent to over $70,000, to date. Choice has fulfilled a $20,000 donation match and committed to match another $30,000, as the campaign continues. Additional donations have come from company associates and matching through Choice Gives, the company's corporate charity donation matching program."We're thankful for the support and proud of our Choice Privileges members, associates, and company for donating over $90,000 to the American Red ...

To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (international) and use the conference ID 91747. A live webcast will also be available under the Events and Presentations tab of the company's investor relations website, www.investor.choicehotels.com. 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 Pr ...

Following positive results from its Kitchen in a Box initiative, Choice Hotels International, Inc. (CHH) is expanding its portfolio of innovative solutions for extended stay hotel conversions by introducing Lobby in a Box. This exclusive design package helps convert public spaces into functional, revenue-generating areas, specifically for Suburban Studios and MainStay Suites, with transformations completed in about 120 days. This new Modular Design Package from Choice Hotels provides a quick solution for cr ...

Since the acquisition of Radisson Hospitality in 2022, the growth trajectory of Choice Hotels International, Inc. (CHH) has gone up through the years. Further enhancing this growth path, the company recently announced the relaunch of Radisson Individuals in the Americas region as an upper upscale soft brand. This strategic investment highlighted the company's legacy as a pioneer of the soft brand segment and strengthened its product portfolio. More on CHH's New Investment The relaunched Radisson Individuals ...

"Choice is a different company today than we were just a few years ago. We've seen tremendous excitement for our upscale and upper upscale brands including Radisson, Radisson Blu, Radisson Red, Ascend Hotel Collection and Cambria. That's a testament to the strategic investments we've made to provide a strong value proposition to developers interested in growing within these segments," said Patrick Pacious, president and chief executive officer of Choice Hotels International. "With Radisson Individuals, we h ...