Investors might want to bet on Choice Hotels (CHH) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual i ...

"Our latest SOAR contracts with veteran and Latino hotel owners in New Mexico and Illinois reflect Choice's unwavering commitment to fostering diversity in hotel ownership and bringing new, diverse voices into the industry," said John Lancaster, vice president of franchise development and strategic programs at Choice Hotels International. "By providing them unparalleled support and training, Choice helps them every step of the way to ensure they SOAR in their hotel ownership journey." Walter Barela and Brai ...

In total, Choice Privileges members donated more than 21 million points, equivalent to nearly $108,000, and Choice Hotels fulfilled a $50,000 donation match. Additional donations came from company associates and matching through Choice Gives, the company's corporate charity donation matching program. "We're proud to have come together as a company with our associates and Choice Privileges members to donate over $160,000 to help communities affected by the hurricanes in the Southeast via the American Red Cro ...

Core Insights - Choice Hotels International, Inc. (CHH) is expanding its upscale hotel presence with new openings and groundbreakings for the Cambria brand, aiming to penetrate new markets across the United States [1][2][3] Expansion and Growth - CHH has significantly increased its upscale portfolio, becoming a key player in this segment, highlighted by the acquisition of Radisson Americas Hotels group in 2022 and a strong pipeline growth [2][10] - The Cambria brand has added 18 new properties in the last two years, with a current pipeline of 62 hotels, including the anticipated Cambria New York Times Square set to open in 2025 [3][11] Recent Openings - The Cambria Hotel El Centro–Imperial opened in September, marking the fifth property in California, featuring 108 rooms and 2,050 sq. ft. of meeting space [5] - The Cambria Hotel Pigeon Forge opened in October, the fourth in Tennessee, with 118 rooms and 738 sq. ft. of meeting space [6] - The Cambria Hotel Spokane Airport, the first in Washington, opened in September with 91 rooms and 1,020 sq. ft. of meeting space [7] Upcoming Developments - The Cambria Hotel Bend is set to open in 2026, featuring 131 rooms, driven by demand for outdoor activities [8] - The Cambria Hotel O'Fallon, also expected to open in 2026, will be the first in Missouri, catering to local industries [9] Financial Performance - CHH's shares have increased by 22.5% over the past six months, outperforming the Zacks Hotels and Motels industry's growth of 17.6% [10] - As of September 30, 2024, CHH's global pipeline reached 970 hotels (approximately 110,380 rooms), with 86% located in the United States [11][12]

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Choice Hotels (CHH) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Choice Hotels is one of 270 individual stocks in the Consumer Discretionar ...

With these latest openings, Choice has introduced 18 new Cambria properties in the last two years, including those in downtown Denver, Delaware's Rehoboth Beach and Niagara Falls, New York. They add to an expanding pipeline of 62 hotels, including the much-anticipated Cambria New York Times Square, opening in 2025.  Cambria hotels are now in more locations than ever before, and with a focus on approachability and premium indulgences guests value most, they are meeting traveler demand for select-service upsc ...

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Choice Hotels International, Inc. (CHH) delivered mixed third-quarter 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same. However, both metrics increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The quarter’s performance was backed by the effective execution of its growth strategy. The company accelerated unit growth and expanded its global pipeline. CHH also increased its international presence and signifi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 001-13393 | --- | --- | |----------------------------------------- ...

Choice Hotels International, Inc. (NYSE:CHH) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director of Investor Relations Pat Pacious - President, Chief Executive Officer & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Baird Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Lizzie Dove - Goldman Sachs Joseph Greff - JPMorgan Meredith Jens ...