Thomas Barwick Summary I am neutral on Choice Hotels International (NYSE:CHH). My summarized thesis is that CHH will continue to suffer from macro pressure in the near term, and the stock will trade at a discount to peers because of the relative underperformance. Company overview CHH is a hotel franchisor with franchise agreements and owned hotels under various brands that has presence across the economy, midscale, upper midscale, and upscale chain scale hotels. As of 2Q24, CHH has a total room capacity of ...

"We're so excited to announce the first contract under the newly reintroduced SOAR program and to work with franchisees like Damon Healey. Our team is dedicated to opening doors so that underrepresented entrepreneurs can soar as hotel owners," said John Lancaster, vice president of franchise development and strategic programs at Choice Hotels International. "Choice has, if not the best, one of the best franchise models, especially in the extended stay category. That's why I'm thrilled that our hard work and ...

Choice Hotels International, Inc. (CHH) , a global leader in the lodging industry, is making strategic moves to further solidify its position in the extended stay market. The company recently broke ground on three new Everhome Suites in San Antonio, TX; Bowling Green, KY and Wichita, KS. These new developments are a testament to Choice Hotels' commitment to expanding its footprint in high-demand markets, particularly in the midscale extended stay segment. Collaborating with Highside Companies, Choice Hotels ...

Choice continues to break ground and open Everhome Suites extended stay hotels across the country. The Everhome Suites San Antonio marks the sixth property under construction in Texas. This will be Choice's second Everhome Suites in Kentucky and the first in Kansas. "These three new locations speak to our continued leadership in new construction midscale extended stay," said Ron Burgett, senior vice president, extended stay development, Choice Hotels. "We're opening hotels at a rapid pace and providing fran ...

A different company today than even two years ago, Choice Hotels has expanded to eight upscale and fullservice hotel brands globally, introduced new vibrant designs for several of its well-known select-service and lifestyle hotel brands, is opening extended stay hotels to meet growing demand for stays longer than a week, and is transforming its rewards program, Choice Privileges, to be more experiential and offer even more benefits and ways to earn and redeem points. Together with Choice's in-house marketin ...

WoodSpring Suites took top honors in the prestigious study for a third consecutive year, having been ranked the #1 economy extended stay brand in 2023 and the #1 overall economy hotel brand in 2022. An all newconstruction brand, WoodSpring offers longer-term guests a welcoming environment and spacious, smartly designed suites with in-room kitchens at affordable weekly and monthly rates. "Choice Hotels is leading the way in the fast-growing extended stay segment, and this recognition, for a third consecutive ...

Choice Hotels International, Inc. (CHH) delivered lower-than-expected second-quarter 2024 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate. However, both metrics increased on a year-over-year basis. The quarter's performance was backed by strong demand trends across the company's diversified portfolio of brands. This uptrend in demand aided in accelerating global hotel openings, expanding international market reach and increasing the size of its rewards program. Moreover, CH ...

SECOND QUARTER 2024 EARNINGS RESULTS PRESENTATION Cambria Hotel, Rehoboth Beach, DE 1 August 8, 2024 48 CHOICE Forward-looking Statements 2 Information set forth herein includes "forward-looking statements." Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology, such as "expect," "estimate," "believe," "anticipate," "should," "will," "forecast," "plan," "project," "assume," or similar words of futurity. All statements other than hist ...

Choice Hotels International, Inc. (NYSE:CHH) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Pat Pacious - President, Chief Executive Officer & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Dany Asad - Bank of America Stephen Grambling - Morgan Stanley David Katz - Jefferies Daniel Hogan - Baird Robin Farley - UBS Securities Joe Greff - JPMorgan Patrick Scholes - Truist Securities Brandt ...

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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 001-13393 | --- | --- | |---------------------------------------------- ...