Choice Hotels Int.

Choice Hotels International, Inc. engages in the franchising and operations of hotels. It operates through Hotel Franchising, and Corporate and Other segments. The Hotel Franchising segment refers to the hotel franchising operations consisting of the company's several hotel brands. The Corporate and Other segment deals with hotel revenues and rental income related to office buildings owned by the company. The company was founded in 1939 and is headquartered in Rockville, MD.

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Choice Hotels reports robust 2022 performance and optimistic 2023 outlook

Choice Hotels' strong performance in 2022 positions them for further growth in 2023, with a focus on synergies and revenue opportunities from the Radisson integration. Challenges in the economy segment are being addressed strategically to maintain royalty growth.

Choice Hotels surpasses Q1 earnings, eyes revenue growth opportunities

Choice Hotels' Q1 2023 performance exceeded expectations, driven by strong RevPAR growth and strategic focus on franchise business expansion. The company's integration efforts and financial performance are on track, with a positive outlook for future growth and revenue enhancement.

Choice Hotels reports strong Q2 earnings, eyes growth through acquisitions

Choice Hotels International's Q2 2023 earnings call highlighted robust financial performance, successful acquisitions, and a positive outlook for future growth. The company's focus on conversions, integration capabilities, and strategic acquisitions position it well for continued success in the hospitality industry.

Choice Hotels reports record earnings, eyes Wyndham acquisition synergy

Choice Hotels International delivered strong financial performance in Q3 2023, with record EBITDA levels and revenue growth, driven by successful brand integrations and strategic initiatives.
While facing challenges such as slight RevPAR decline and elevated CapEx, the company remains focused on leveraging strengths like loyalty programs and brand expansion for future growth.
Opportunities lie in expanding legacy brands, capitalizing on market segments like extended stay, and the potential synergies from the proposed Wyndham acquisition, positioning Choice Hotels for continued success.
Balancing performance, strengths, challenges, and opportunities, Choice Hotels demonstrates resilience, strategic foresight, and a commitment to sustained growth and shareholder value.

Choice Hotels exceeds 2023 targets, faces challenges with Wyndham acquisition

Choice Hotels International had a strong financial performance in 2023, focusing on growth strategies and successful integrations. Despite challenges from the potential Wyndham acquisition, the company remains committed to creating value for stakeholders. With a positive outlook for 2024, Choice Hotels is poised for continued growth and success.

Choice Hotels reports strong Q1 performance, eyes global expansion

Choice Hotels International's Q1 2024 performance reflects robust growth in revenues, EBITDA, and EPS, driven by strategic investments and acquisitions.
The company's strengths lie in its focus on revenue-intensive brands, M&A capabilities, and a strong global pipeline, positioning it for future success.
While challenges exist in managing EBITDA growth and revenue stream clarity, opportunities in unit expansion, brand conversions, and revenue diversification abound.

Choice Hotels reports stellar Q3 earnings, eyes sustained growth

Choice Hotels International demonstrated robust financial performance in Q3 2024, driven by strong earnings growth and operational excellence.
While facing challenges in international expansion and cost management, the company's focus on customer loyalty and shareholder returns positions it well for future growth.
With raised guidance and a strategic approach to value creation, Choice Hotels shows promising opportunities for sustained success and market expansion.

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Choice Hotels International, Inc. engages in the franchising and operations of hotels. It operates through Hotel Franchising, and Corporate and Other segments. The Hotel Franchising segment refers to the hotel franchising operations consisting of the company's several hotel brands. The Corporate and Other segment deals with hotel revenues and rental income related to office buildings owned by the company. The company was founded in 1939 and is headquartered in North Bethesda, MD.

Choice Hotels International, Inc. (NYSE:CHH ) Q1 2024 Results Conference Call May 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Patrick Pacious - President, CEO & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Baird Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Joe Greff - JPMorgan Charles Patrick Scholes - Truist Securities Alex Brignall - Redburn Atlantic Operator Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels International's First Quarter 2024 Earnings Call.

Choice Hotels International, Inc. (CHH) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Choice Hotels (CHH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Choice Hotels (CHH) Q1 Earnings: A Look at Key Metrics

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.

Choice Hotels (CHH) Q1 Earnings Beat Estimates

Record Global Rooms Pipeline, up 10% Sequentially including a 36% Increase for Conversion Hotels Repurchases $196.6 Million of Common Stock Year-to-Date through April 30, 2024 Relaunches Park Inn by Radisson NORTH BETHESDA, Md., May 8, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its first quarter 2024 results.

Choice Hotels International Reports First Quarter 2024 Results

Besides Wall Street's top -and-bottom-line estimates for Choice Hotels (CHH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Choice Hotels (CHH) Q1: Wall Street Projections for Key Metrics

Choice awards first contract to conversion hotel that offers premium value to younger travelers NORTH BETHESDA, Md. , May 2, 2024 /PRNewswire/ -- During its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, announced the relaunch of Park Inn by Radisson.

From Acquisition to Reposition: Choice Hotels Relaunches Park Inn by Radisson to Capitalize on Untapped Market within Portfolio of Hotels

Choice Hotels (CHH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Choice Hotels (CHH) Reports Next Week: Wall Street Expects Earnings Growth

Thousands of Choice hotel owners and operators gather in Las Vegas for educational sessions, a vendor marketplace and to hear how Choice plans to continue driving strong results for its system NORTH BETHESDA, Md. , May 1, 2024 /PRNewswire/ -- Choice Hotels International (NYSE: CHH), one of the world's largest lodging franchisors, kicked off its 68th annual convention in Las Vegas yesterday, highlighting the company's strong competitive position and its plans to help owners and operators capitalize on the growing demand for leisure and business travel.

Choice Hotels International Takes it to the "Next Level" at 68th Annual Convention

Industry's first and only dedicated development team focused on creating a more inclusive hospitality industry reintroduces program with a new name and hosts second annual HERtels luncheon NORTH BETHESDA, Md. , April 30, 2024 /PRNewswire/ -- Ahead of its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, hosted its SOAR (Supporting Ownership Access & Representation) development seminar to reintroduce its program to create hotel ownership opportunities for underrepresented entrepreneurs.

Choice Hotels International Hosts "SOAR" Seminar to Attract, Mentor and Educate Historically Underrepresented Groups on Their Path to Hotel Ownership

Highlights Include Committing to Reduce Greenhouse Gas Emissions, Incorporating Sustainability into Property Improvement Plans, and a Refreshed Approach to Human Trafficking Awareness and Prevention  NORTH BETHESDA, Md., April 25, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today published its 2023 Environmental, Social, and Governance Report.

Choice Hotels International Unveils Year of Sustainability Milestones in Newly Published 2023 Environmental, Social, and Governance Report

NORTH BETHESDA, Md. , April 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report its first quarter 2024 earnings results at approximately 6:30 a.m.

Choice Hotels International to Report 2024 First Quarter Results on May 8, 2024

Choice Hotels Engages the Next Generation of Travelers with its First Ever TikTok Marketing Campaign  NORTH BETHESDA, Md., April 11, 2024 /PRNewswire/ --  Choice Hotels International, Inc.  (NYSE: CHH) announced today it has partnered with influencer Jimmy Darts to give away two unforgettable trips on TikTok.

Choice Hotels and Influencer Jimmy Darts Make Travels Come True with Vacation Giveaway on TikTok for Two Deserving Families

Move Bolsters Company's Commitment to Upper Midscale, Midscale and Economy Brands, Including Comfort, Country Inn & Suites, Quality Inn, Econo Lodge and More NORTH BETHESDA, Md. , April 9, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, announced today that it has promoted Judd Wadholm to Senior Vice President and General Manager, Core Brands.

Choice Hotels Promotes Judd Wadholm to Senior Vice President and General Manager, Core Brands

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Choice Privileges continues to offer members many ways to earn points including with co-branded credit cards redeemable for stays at hotels around the world NORTH BETHESDA, Md., April 2, 2024 /PRNewswire/ -- Choice Privileges, the award-winning rewards program of Choice Hotels International, Inc. (NYSE: CHH) has made it easier to book redemption stays at more than 300 Preferred Hotels & Resorts properties by enabling digital redemption on ChoiceHotels.com.

Digital Redemption Unlocked: Choice Privileges Makes It Easier for Members to Use Points for Luxury Stays at Preferred Hotels & Resorts

Move Comes as Company Continues Legacy of Technological Innovation in Hospitality Industry NORTH BETHESDA, Md. , March 25, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors and a leader in hospitality technology, announced today that it has promoted Sireesha Kunduri to Chief of Product Engineering.

Choice Hotels Promotes Sireesha Kunduri to Chief of Product Engineering

Choice Hotels International (CHH) reported earnings 30 days ago. What's next for the stock?

Choice Hotels International (CHH) Up 14% Since Last Earnings Report: Can It Continue?

Research finds value engineered prototype increases guests' likelihood to stay, maintains low build and operating costs, while delivering a unique midscale experience for guests NORTH BETHESDA, Md., March 20, 2024 /PRNewswire/ -- Sleep Inn, a leading limited service, lifestyle brand from Choice Hotels International, Inc. (NYSE: CHH) known for its modern, nature-inspired, stylish design, has now revealed the interior details for its latest prototype, Scenic Dreams.

Lifestyle Hotel Sleep Inn Unveils Newly Redesigned Guestrooms and Common Areas as Part of its Scenic Dreams Prototype, Developed in Collaboration with Owners and Operators

CHH has abandoned plans to buy its peer Wyndham Hotels, which means that it has the potential to allocate more capital to other areas. Choice Hotels recently disclosed the expansion of its share buyback plan and the opening of a new midscale extended stay hotel in Georgia. The stock continues to be rated as a Buy, taking into account its recent developments, which I view as favorable.

Choice Hotels: Favorable Developments

Wyndham Hotels & Resorts Inc

Choice Hotels International (CHH) has ended its roughly $7.8 billion takeover bid for competitor Wyndham Hotels & Resorts (WH), as it accused Wyndham's board of a "refusal to constructively and substantively engage on terms."

Choice Hotels Ends $7.8 Billion Takeover Bid for Wyndham

Choice Hotels ended a hostile bid for rival budget-hotel chain Wyndham Hotels, and let expire a tender offer for the latter's stock.

Choice Hotels Stock Is Rising. The Bid for Wyndham Hotels Is Over.

Choice Hotels has terminated its hostile takeover bid for rival US budget accommodation operator Wyndham Hotels & Resorts Inc (NYSE:WH) after failing to gain the support of Wyndham's shareholders, the company said. Choice went public with its cash-and-stock takeover offer in October, which was valued at about $7.8 billion.

Choice walks away from $7.8B Wyndham Hotels takeover bid

Choice Hotels International Inc.'s stock jumped 7.5% on Monday, after the company said it's scrapping its effort to acquire Wyndham Hotels & Resorts Inc. after conceding that a deal is not available at this time.

Choice Hotels scraps effort to buy Wyndham Hotels after board refuses to hold talks

PARSIPPANY, N.J. , March 11, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham") today commented on the expiration of Choice Hotels International, Inc.'s (NYSE: CHH) ("Choice") exchange offer and its decision to withdraw its slate of nominees for election to Wyndham's Board of Directors at the 2024 Annual Meeting of Shareholders: "The Wyndham Board is pleased that Choice has ended its hostile pursuit and proxy contest, following the expiration of its unsolicited exchange offer," said Stephen P.

Wyndham Comments on Expiration of Choice's Unsolicited Exchange Offer and Withdrawal of Director Nominees

Choice Hotels said it is abandoning its roughly $7 billion takeover bid for rival Wyndham Hotels & Resorts after attempting to drive a deal through despite being rebuffed by Wyndham's board.

News for Choice Hotels Int. Stock (CHH)