Choice Hotels: Positive Read-Throughs From Travel Surveys And Shareholder Meeting
Choice Hotels(CHH) Seeking Alpha·2024-06-09 06:26
Thomas Barwick My rating for Choice Hotels International, Inc. (NYSE:CHH) stock is a Buy. Recent Travel Surveys Were Favorable But Choice Hotels' guidance is pretty conservative, which stands in contrast with the reasonably bullish travel surveys cited above. In specific terms, CHH anticipates that the company's Revenue Per Available Room or RevPAR will be "flat to 2%" higher for full-year 2024 as indicated in its investor presentation slides. My opinion is that CHH's actual full-year 2024 RevPAR will be at ...