Choice Hotels(CHH)

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Choice Hotels International to Report 2024 Fourth Quarter and Full-Year Results on February 20, 2025
Prnewswire· 2025-01-23 12:13
To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (international) and use the conference ID 13131. 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 ...
Choice Hotels International Launches National Marketing Campaign to Inspire People to Maximize their Vacations and "Check Into More"
Prnewswire· 2025-01-14 15:00
Marketing Strategy - The company has observed a cultural shift in travel preferences, with travelers focusing more on experiences rather than just destinations [1] - The company's marketing strategy leverages actor Keegan-Michael Key's relatability and comedic style to showcase the versatility of its hotel options and rewards program [1] - The 2025 media strategy, developed with dentsu X, targets families, young professionals, and business travelers through a video-first approach across connected TV, online video, and social media [3] - The campaign emphasizes personalized messaging and advanced targeting technologies to engage new and existing guests, with expanded partnerships on platforms like Hulu, Disney, Peacock, and Amazon [3] Rewards Program - The Choice Privileges rewards program has 68 million members globally and offers new features such as RewardSaver room rates starting at 6,000 points and expanded booking windows from 14 to 50 weeks [2] - Members can redeem points for premium room features, stays at over 7,000 hotels, and exclusive experiences like college sports and Trackhouse Racing events [2] Brand Portfolio - The company's portfolio includes over 7,500 hotels across 45 countries, offering a range of brands from full-service upscale to midscale, extended stay, and economy [7] - Key brands highlighted in the campaign include Radisson, Cambria, Quality Inn, and Comfort, each offering unique amenities such as modern workspaces, locally inspired designs, free hot breakfast, and spacious rooms [6] Innovative Tools - The company launched the "Time Off Tooolbox," featuring customizable time-off request videos and out-of-office messages created with Keegan-Michael Key's assistance [4] - These tools aim to make the process of requesting time off and setting up out-of-office replies more enjoyable and personalized [4]
Choice Hotels Launches Points Donation Campaign with Corporate Matching to Support California Wildfire Relief via the American Red Cross
Prnewswire· 2025-01-13 15:02
NORTH BETHESDA, Md., Jan. 13, 2025 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) is announcing a new campaign benefitting the American Red Cross relief efforts to help people impacted by the 2025 California wildfires. Choice Privileges members' donations to the Red Cross will now be eligible for a match from Choice Hotels of up to $25,000. Choice Hotels supports the American Red Cross "We are committed to supporting the communities affected by the wildfires in California. By matching do ...
Choice Hotels International Introduces Reimagined Visual Identities for Radisson, Radisson Blu and Radisson Individuals in the Americas, One of Several Features to Come to Hotels this Year
Prnewswire· 2025-01-07 14:30
New logos, which will start to appear at hotels this year, shepherd in a new phase of Radisson upscale brand advancements, including first on-property elements developed by Choice following its repositioning of the brands Download new logos here.NORTH BETHESDA, Md., Jan. 7, 2025 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) begins the next chapter of its reimagination of the Radisson Hotels Americas brands, which it acquired in 2022, with the introduction of new visual identities, including ...
Choice Hotels International Recognized as One of America's Most Responsible Companies in 2025 by Newsweek
Prnewswire· 2025-01-06 15:00
"We are honored to be recognized as one of America's Most Responsible Companies," said Megan Brumagim, Vice President of Upscale Brands and Chief Sustainability Officer for Choice Hotels International. "This accolade underscores our commitment to help make tomorrow even better than today. We remain dedicated to creating a positive impact in the communities we serve and empowering and equipping our owners to continue to advance in their sustainability efforts." Choice Hotels has various initiatives, includin ...
Choice Hotels Boosts Everhome Suites Line-Up With New Properties
ZACKS· 2024-12-17 12:10
Choice Hotels International, Inc. (CHH) continues to expand its Everhome Suites portfolio to meet rising demand. The company recently announced the opening of two new Everhome Suites properties in Fayetteville, NC; and Cheyenne, WY; alongside a groundbreaking in Clarksville, TN. The expansion highlights Choice Hotels' strategic focus on high-growth markets and its efforts to address an undersupplied extended stay segment.The expansion of Everhome Suites has been backed by a partnership with Highside Compani ...
Everhome Suites Continues to Demonstrate Strong Growth with Key New Openings in North Carolina and Wyoming and a Groundbreaking in Tennessee
Prnewswire· 2024-12-16 14:35
Core Insights - Choice Hotels and Highside Companies are expanding their collaboration with the addition of new Everhome Suites properties, reflecting a strong commitment to the extended stay segment [1][2][3] - The new hotels are strategically located in Fayetteville, Cheyenne, and Clarksville, catering to growing markets in defense, healthcare, and manufacturing sectors [2][3] - Everhome Suites offers a range of amenities designed for extended stay guests, including fully equipped kitchens, spa-style bathrooms, and communal spaces [3][6] Company Overview - Choice Hotels International, Inc. is one of the largest lodging franchisors globally, with over 7,500 hotels and nearly 635,000 rooms across 45 countries [7] - The company focuses on providing support to hotel owners through advanced cloud-based solutions for managing reservations and property management [4] - Highside Companies, founded in 2019, has nearly $875 million in active projects and specializes in investment and development solutions across various asset classes [8] Market Position - The Everhome Suites brand is positioned to meet the needs of extended stay guests, emphasizing comfort and convenience with apartment-style suites and modern amenities [6] - The collaboration between Choice Hotels and Highside Companies highlights a strategic approach to capitalize on the growing demand for extended stay accommodations [2][3] - The properties are designed to attract diverse visitors, including military personnel and healthcare professionals, ensuring a welcoming experience [3]
Zacks Industry Outlook Marriott, Hyatt and Choice Hotels International
ZACKS· 2024-12-11 08:16
For Immediate ReleaseChicago, IL – December 11, 2024 – Today, Zacks Equity Research Marriott International, Inc. (MAR) , Hyatt Hotels Corp. (H) and Choice Hotels International, Inc. (CHH) .Industry: Hotels and MotelsLink: https://www.zacks.com/commentary/2381350/3-hotels-motels-stocks-to-watch-amid-industrys-uncertain-prospectsThe Zacks Hotels and Motels industry faces challenges from rising costs, weakening demand, geopolitical tensions and ongoing economic uncertainty. However, industry participants are c ...
Choice Hotels (CHH) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-12-04 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Choice Hotels (CHH) Up 7.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-04 17:36
Core Viewpoint - Choice Hotels reported mixed Q3 2024 results, with earnings exceeding estimates while revenues fell short, but both metrics showed year-over-year growth [2][6]. Financial Performance - Adjusted EPS for Q3 was $2.23, surpassing the Zacks Consensus Estimate of $1.91 by 16.8%, compared to $1.82 in the prior-year quarter [6]. - Quarterly revenues reached $428 million, missing the consensus mark of $436.4 million by 1.9%, but grew 1% from $425.6 million year-over-year [6]. - Total operating expenses decreased by 5% year-over-year to $276.2 million, lower than the estimated $290.9 million [9]. - Adjusted EBITDA was $177.6 million, reflecting a 14% year-over-year increase, exceeding the expected $174.9 million [10]. Business Strategy and Growth - The company's growth strategy was effectively executed, leading to accelerated unit growth and an expanded global pipeline [3]. - Choice Hotels raised its guidance for adjusted net income, adjusted EPS, and revenue per available room (RevPAR) for 2024 due to solid performance [4][12]. - The adjusted net income is now anticipated to be between $323 million and $331 million, up from the previous estimate of $309.5 million to $321 million [12]. - Adjusted EPS is expected to range from $6.70 to $6.87, an increase from the prior projection of $6.40 to $6.65 [13]. Market Position and Outlook - The company is well-positioned to deliver bottom-line growth and maintain shareholder value, supported by its business strategies amid improving demand [5]. - Estimates for Choice Hotels have trended upward, with a consensus estimate shift of 10.98% over the past month [14][15]. - The stock has a Zacks Rank 1 (Strong Buy), indicating expectations for above-average returns in the coming months [17]. Industry Comparison - Choice Hotels is part of the Zacks Hotels and Motels industry, where Hilton Worldwide Holdings Inc. reported revenues of $2.87 billion for the last quarter, reflecting a year-over-year change of +7.3% [18].