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Strength Seen in Choice Hotels (CHH): Can Its 7.1% Jump Turn into More Strength?
ZACKS· 2024-10-25 15:01
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 ...
Choice Hotels International Celebrates Major Milestone with 500th Extended Stay Property Opening, Everhome Suites Glendale
Prnewswire· 2024-10-23 13:30
"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 Hotels International and Members of Choice Privileges Come Together for Donation to American Red Cross Hurricane Relief Efforts
Prnewswire· 2024-10-22 13:00
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 ...
Choice Hotels International to Report 2024 Third Quarter Results on November 4, 2024
Prnewswire· 2024-10-17 13:00
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 ...
CHH Expands Innovative Solutions With New Lobby in a Box Package
ZACKS· 2024-10-08 17:21
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 ...
CHH Stock to Gain From the Relaunch of Radisson Individuals
ZACKS· 2024-10-07 12:21
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 Hotels relaunches Radisson Individuals as part of its portfolio of brands, adding a distinctive proposition to the upper upscale segment
Prnewswire· 2024-10-03 13:30
"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 ...
CHH Emerges as the Pioneer of Extended-Stay Conversion Hotels
ZACKS· 2024-09-24 17:36
Choice Hotels International, Inc.'s (CHH) expertise in top-tier hotel conversions is opening new doors for it in the extended-stay hotels segment along with expanding its market reach. Between Jan. 1 and Sept. 17, 2024, CHH opened 17 MainStay Suites and Suburban Studios hotels, of which 16 properties were conversions, with the average length of time between contract signing and official opening being around 120 days. The key opening markets were Las Vegas, NV; Moreno Valley, CA; Orlando and Tampa, FL. Furth ...
Hotel Equities and UIP Announce the Opening of The Quincy, Ascend Hotel Collection, an Upscale Boutique Hotel Located in the Heart of Washington, DC
Prnewswire· 2024-09-17 14:15
"We are thrilled to open the doors of The Quincy and invite guests to experience the bespoke service that Ascend Hotel Collection is celebrated for," said Owner, Steve Schwat. "Our prime location, spacious accommodations, and modern amenities make The Quincy a standout choice for anyone visiting Washington, D.C., whether they are here to explore the city's historic landmarks or conduct business." The Quincy is more than just a hotel; it serves as a bridge connecting guests with Washington, D.C.'s storied pa ...
Radisson Fairview Heights Hotel Opens in St. Louis Area
Prnewswire· 2024-09-10 14:28
Conveniently located near downtown St. Louis, the newest Radisson is less than 30 minutes from both St. Louis Lambert International Airport and St. Louis Downtown Airport and offers easy access to popular attractions like the iconic Gateway Arch, Busch Stadium, St. Louis Aquarium and the Budweiser Brewery Experience. The four-story, 119-room hotel offers a clean and modern nature-inspired design and a variety of thoughtful features and services designed to provide guests with a harmonious stay. All guest ro ...