
Core Insights - Choice Hotels reported revenue of $389.77 million for the quarter ended December 2024, reflecting an 8.8% increase year-over-year and a surprise of +3.12% over the Zacks Consensus Estimate of $377.97 million [1] - The earnings per share (EPS) for the quarter was $1.55, up from $1.44 in the same quarter last year, with an EPS surprise of +3.33% compared to the consensus estimate of $1.50 [1] Financial Performance Metrics - RevPAR (Revenue per Available Room) grew by 4.5%, exceeding the average estimate of 1.8% based on three analysts, with a reported RevPAR of $50.51 compared to the estimated $49.48 [4] - Domestic franchise rooms totaled 511,739, surpassing the average estimate of 496,427 [4] - Occupancy rate was reported at 53.6%, slightly below the average estimate of 54.1% [4] - Total franchise rooms reached 653,810, exceeding the estimated 641,044 [4] - Average Daily Rate (ADR) was $94.32, higher than the estimated $92.04 [4] Revenue Breakdown - Other revenues from franchised and managed properties amounted to $200.80 million, exceeding the average estimate of $190.37 million, representing a year-over-year change of +10.6% [4] - Royalty, licensing, and management fees generated $120.14 million, slightly below the average estimate of $121.07 million, with a year-over-year increase of +2.8% [4] - Revenues from owned hotels were $28.11 million, surpassing the average estimate of $26.87 million, reflecting a +19.3% year-over-year change [4] - Initial franchise fees were reported at $6.47 million, slightly below the average estimate of $6.67 million, indicating a -1.1% year-over-year change [4] - Platform and procurement services fees totaled $17.69 million, close to the estimated $17.72 million, with a +4.5% change year-over-year [4] - Other revenues reached $16.55 million, exceeding the average estimate of $14.58 million, representing a significant year-over-year change of +28.9% [4]