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.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q4 2024

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.

Wyndham Hotels & Resorts Inc

Choice CEO Pat Pacious sought to restart negotiations in a Nov. 14 letter.

Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Choice Hotels (CHH) boosts Extended Stay presence In Southern California with three under-construction Everhome Suites and six more in development.

Choice Hotels (CHH) Expands the Extended Stay Brand Portfolio

Newest property marks upscale brand's ninth location in Texas, adding to lineup of properties throughout Southwest NORTH BETHESDA, Md. , Nov. 15, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) continues the rapid expansion of its contemporary upscale brand Cambria Hotels throughout the Southwest and in locations with strong business and leisure demand with the opening of the Cambria Hotel Waco University Riverfront.

Cambria Hotels Grows Texas Portfolio with Waco Opening

Choice Hotels' extended stay pipeline grows by 12 percent year over year, with latest projects developed by Paladin Equity Capital ROCKVILLE, Md. , Nov. 14, 2023 /PRNewswire/ --  Choice Hotels International, Inc.  (NYSE: CHH) continues its growth in the extended stay segment with three new Everhome Suites under construction, and six more in various stages of development across the Southern California region.

Everhome Suites Furthers Growth with Three New Hotels Under Construction in California, Six More in Development in Southern California

Move Comes as Company Continues to Expand Global Portfolio ROCKVILLE, Md. , Nov. 13, 2023 /PRNewswire/ -- Choice Hotels International, Inc.  (NYSE: CHH), one of the world's largest lodging franchisors, has named Ricardo Losada Revol as Senior Vice President and General Manager, International.

Ricardo Losada Revol Joins Choice Hotels as Senior Vice President and General Manager, International

Choice Hotels International, Inc. (NYSE:CHH ) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Allie Summers - Senior Director and IR Patrick Pacious - President and CEO Scott Oaksmith - CFO Dominic Dragisich - EVP, Operations and Chief Global Brand Officer Conference Call Participants Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Michael Bellisario - Baird David Katz - Jefferies Robin Farley - UBS Meredith Jensen - HSBC Patrick Scholes - Truist Securities Joe Greff - JPMorgan Dan Wasiolek - Morningstar Alex Brignall - Redburn Atlantic Brandt Montour - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels International's Third Quarter 2023 Earnings Call.

Choice Hotels International, Inc. (CHH) Q3 2023 Earnings Call Transcript

Choice Hotels' (CHH) third-quarter 2023 results reflect growth trend thanks to robust organic and inorganic growth strategies.

Choice Hotels (CHH) Q3 Earnings Miss, Revenues Top, View Raised

Raises Full-year 2023 Financial Guidance Grows Global Rooms Pipeline Sequentially 6% Including 27% Increase for Conversion Hotels Returns $550 Million to Shareholders Last Twelve Months ROCKVILLE, Md., Nov. 7, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its third quarter 2023 results.

Choice Hotels International Reports Third Quarter 2023 Results

New, upscale leadership set to harness segment growth and take to greater heights ROCKVILLE, Md. , Nov. 1, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), the challenger in the upscale segment, continues its growth, opening two Cambria Hotels in popular destinations this past October, and breaking ground on two others.

Cambria Hotels Furthers Nationwide Expansion with Openings in Sought-After Markets

Award-winning company culture strengthened through commitment to diversity, equity and belonging ROCKVILLE, Md., Oct. 31, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, has been named one of the "World's Top Companies for Women 2023" by Forbes.

Choice Hotels Recognized by Forbes as One of the "World's Top Companies for Women 2023" for Second Year in a Row

Choice Hotels International's flagship brand embraces the future and honors the past with new prototype, setting the stage for multigenerational travelers ROCKVILLE, Md. , Oct. 30, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) unveiled a new Comfort hotels look and feel with the opening of the first, new construction Rise & Shine™ prototype in Mountain Grove, Missouri.

Comfort® Hotels Unveils New Look and Feel with First Rise & Shine™ Prototype Opening in Mountain Grove, Missouri

Choice Sees a Clear Path to Completion and Remains Committed to the Transaction Ready to Move Expeditiously to Provide Requisite Transaction Certainty Strongly Urges Wyndham to Return to the Negotiating Table ROCKVILLE, Md. , Oct. 25, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company" or "Choice"), today called upon the board of directors of Wyndham Hotels & Resorts, Inc. (NYSE: WH) ("Wyndham") to engage in good faith discussions so that shareholders of both companies can benefit from the compelling combination.

Choice Hotels Calls on Wyndham Hotels & Resorts to Engage in Discussions

Choice Hotels' (CHH) bid to acquire Wyndham (WH) at $90 per share, a mix of stock and cash, faces resolute rejection.

Choice Hotels (CHH) Faces Setback as Wyndham Rejects Buyout Bid

Choice Hotels International Inc.'s hostile bid for Wyndham Hotels & Restaurants Inc. could result in a potential proxy battle, says Truist Securities.

Choice Hotels' hostile bid for Wyndham Hotels may result in a proxy battle, Truist says

The stock of Wyndham Hotels & Resorts Inc. (WH) rose more than 8% in trading Tuesday after Choice Hotels International Inc. (CHH) proposed to acquire the company with a $90-a-share stock-and-cash deal valued at approximately $7.8 billion. Choice shares fell 5.6% after the news.

Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal

CHH sees its EBITDA expanding by +10% in fiscal 2024 as per the company's most recent financial guidance. In contrast, the consensus FY 2024 EBITDA growth forecast for Choice Hotels is +7.5%, and this leaves room for potential positive surprises. I maintain my Buy rating for CHH, as I have identified the above-expectations 2024 EBITDA growth as the key re-rating catalyst for the stock.

Choice Hotels: 2024 EBITDA Growth Could Exceed Expectations

Wyndham rejects the offer, saying it involves significant business and execution risk.

Choice Hotels Unveils $7.8 Billion Takeover Offer For Wyndham

A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offering inflation-hit customers a wide choice of affordable hotels.

Wyndham rejects Choice Hotels nearly $8B offer

Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeover the world's largest hotel franchiser. Choice CEO discussed the hostile bid on CNBC Choice Hotels has valued the hotel company at $9.

Choice Hotels resorts to a hostile bid to take over Wyndham Hotels

Proposal Presents Unacceptable Risk to Wyndham Shareholders PARSIPPANY, N.J. , Oct. 17, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) ("Wyndham" or the "Company"), the world's largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, announced that its Board of Directors unanimously rejected a highly conditional, unsolicited stock-and-cash proposal by Choice Hotels International, Inc. (NYSE: CHH) ("Choice") to acquire all outstanding shares of Wyndham.

WYNDHAM BOARD OF DIRECTORS REJECTS UNSOLICITED PROPOSAL FROM CHOICE

Choice Hotels offered to buy Wyndham Hotels and Resorts in a deal worth nearly $10 billion, including debt, after Wyndham walked way from the negotiating table a few weeks ago.

Choice Hotels offers to buy Wyndham in $7.8B hostile bid

Hilton Worldwide Holdings

InterContinental Hotels Group

The industry is benefiting from increasing demand and RevPAR. Stocks like HLT, IHG and CHH will likely benefit from the prevailing scenario.

3 Hotels & Motels Stocks to Buy From a Promising Industry

Wyndham Hotels and Resorts' shares have soared 13% in premarket trading following a nearly $10 billion hostile takeover bid from Choice Hotels International. The move comes after six months of failed negotiations aimed at merging the two companies to form one of the largest budget hotel operators in the United States.

Wyndham Hotels stock jumps 13% premarket as Choice goes hostile

Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.

Choice Hotels' Bid for Wyndham Hotels Could Shake Up Budget-Hotel Industry

Choice Hotels International Inc. CHH has launched a hostile to acquire Wyndham Hotels & Resorts Inc. WH, sending Wyndham's stock rising 17.7% in premarket trades Tuesday, while Choice shares fell 5.5%. Choice is offering to purchase Wyndham at a price of $90 per share, payable in a mix of cash and stock.

News for Choice Hotels Int. Stock (CHH)