"With over 60 Everhome Suites in various stages of development and an extended stay pipeline of more than 400 properties across four brands, Choice is continuing its leadership and growth in extended stay," said Matt McElhare, vice president and extended stay segment lead. "We're excited to officially mark the opening of the third Everhome Suites and look forwarding to demonstrating the brand's performance as a first mover in lower midscale." Standard design elements include locally inspired artwork through ...

Choice Hotels International, Inc. (CHH) delivered mixed first-quarter 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top line fell year over year, while the bottom line increased. Following the results, the company’s shares declined 5.3% on May 7.Patrick Pacious, president and CEO, expressed satisfaction with first-quarter performance, which was built on the company's record financial results in 2023. CHH benefited from impressive outcomes of the effectiv ...

"This year's convention was about celebrating the new level of success that Choice and its franchisees have achieved together," said Choice Hotels President and CEO Patrick Pacious. "I've never been more optimistic about our shared future. With our brands well positioned to capture even more of the growing travel demand, we have a tremendous opportunity in front of us." During the event, Choice awarded and celebrated the top-performing hotels through Choice's Premier Awards and the Best of Choice Awards, th ...

Yes, Alex, that's -- it's a direct franchise market for us. So those are direct franchise agreements. It's a full fee sort of model there. And it's effectively doubled the size of our footprint in France. So that's kind of how we're doing it. The brand is [indiscernible]. So they're going to continue to sort of operate with that flag as well. So it's a good opportunity for us to continue to drive the growth of our direct franchise business in Europe on the continent in particular. Yes. So they're paying. Th ...

Table of Contents | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------| | | | | CHOICE HOTELS INTERNATIONAL, (Exact name of registrant as specified in its charter) _____________________________________________ | INC. | | | | | Delaware (State or Other Jurisdiction of | 52-1209792 (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 915 Meeti ...

Choice Hotels (CHH) reported $331.95 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of $1.28 for the same period compares to $1.12 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $345.02 million, representing a surprise of -3.79%. The company delivered an EPS surprise of +11.30%, with the consensus EPS estimate being $1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Choice Hotels (CHH) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.30%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.35 per share when it actually produced earnings of $1.44, delivering a surprise of 6.67%.Over the last four quarters, the com ...

| --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------|-------|-----------------|-------|---------------| | Net income | $ | 2024 \n31,009 | $ | 2023 \n52,820 | | Loss on investments in equity securities, net of dividend income | | 3,187 | | — | | Net reimbursable deficit (surplus) from franchised and managed properties | | 16,922 | | (2,500) | | Business combination, diligence and transition costs | | 11,947 | | 7,854 | | | | | | | | Ope ...

Wall Street analysts forecast that Choice Hotels (CHH) will report quarterly earnings of $1.15 per share in its upcoming release, pointing to a year-over-year increase of 2.7%. It is anticipated that revenues will amount to $345.02 million, exhibiting an increase of 3.7% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial proj ...

"The relaunch of Park Inn by Radisson into the premium value conversion space underscores our commitment to delivering an unparalleled guest experience, inspired by the simplicity and vibrant energy of parks," said Cathy Hartman, vice president, brand strategy, Choice Hotels. "The brand has been built around a promise to brighten up every stay with a refreshing blend of color, connectivity, and convenience." Park Inn by Radisson will cater to a new generation of experience-centered travelers in a way that's ...