Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection. The company also develops and markets cloud-based property management software to non-franchised hoteliers. As of December 31, 2020, it had 7,147 hotels with 597,977 rooms located in 50 states, the District of Columbia and approximately 40 countries and territories. The company was founded in 1939 and is based in Rockville, Maryland.
IPO Year:
Exchange: NYSE
Website: choicehotels.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $150.00 | Buy → Hold | Jefferies |
| 9/18/2024 | $105.00 | Sell | Goldman |
| 7/19/2024 | $120.00 | Neutral → Underweight | JP Morgan |
| 6/21/2024 | $125.00 | Neutral | Susquehanna |
| 3/11/2024 | $96.00 → $156.00 | Underperform → Buy | Jefferies |
| 1/2/2024 | $119.00 → $96.00 | Hold → Underperform | Jefferies |
| 12/14/2023 | $115.00 | Underweight → Neutral | JP Morgan |
| 10/23/2023 | $131.00 | Hold | HSBC Securities |
| 9/25/2023 | $145.00 | Buy | Argus |
| 3/16/2023 | $133.00 → $134.00 | Neutral → Outperform | Robert W. Baird |
SC 13G - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13D/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13D/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13D/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13D/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
SC 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
NORTH BETHESDA, Md., Nov. 18, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) today announced two new contracts as part of its Supporting Ownership Access and Representation (SOAR) program, which aims to help empower and support hotel ownership for underrepresented entrepreneurs. The new contracts – a WoodSpring Suites in Truth or Consequences, New Mexico, and a Rodeway Inn in Effingham, Illinois – are part of the 17 SOAR contracts signed year-to-date. During the first 15 years of the SOAR program, Choice averaged 1 contract per month and has increased that to an average of 2 per month in the last five years.
With new properties in California, Tennessee, Missouri, Oregon, and Washington, Cambria Hotels cements Choice as player to watch in upscale NORTH BETHESDA, Md., Nov. 13, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) continues to achieve cross-country growth in the upscale segment with three new Cambria Hotel openings and two groundbreakings this fall. The recently opened properties, located in Imperial, California; Pigeon Forge, Tennessee; and Spokane, Washington, and upcoming groundbreakings in O'Fallon, Missouri and Bend, Oregon introduce Cambria into new markets and build on Choice's goal to bring the brand to more regions nationwide.
Drives EPS Growth of 23% Year-over-Year Raises Full-year 2024 Net Income, EPS, and RevPAR Guidance NORTH BETHESDA, Md., Nov. 4, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, today reported its third quarter 2024 results. Highlights include: Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023.Net income increased 15% to $105.7 million for third quarter 2024, representing diluted earnings per share (EPS) of $2.22, a quarterly re
Members can redeem points at more than 7,000 hotels around the world, including 1,000 luxury and upscale, full-service hotels across Radisson, Radisson Blu, Cambria Hotels and others NORTH BETHESDA, Md., Oct. 31, 2024 /PRNewswire/ -- Choice Privileges, the award-winning rewards program of Choice Hotels International, Inc. (NYSE:CHH), is introducing new features aimed at giving members more value and opportunities to use their points. Starting in early 2025, Choice will triple its reward night booking window to 50 weeks, give members the option to redeem points for the premium features that matter most to them, and introduce Choice RewardSaver, a redemption tool that gives customers a better
Across the Industry, Choice Has the Fastest Growing Economy Extended Stay Portfolio and Leads in Economy New Construction Extended Stay Choice's Extended Stay Hotels Help Deliver Returns on Investment and Gross Operating Profit NORTH BETHESDA, Md., Oct. 23, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) celebrates a pivotal moment in its growth journey with the opening of its 500th extended stay property, an Everhome Suites in Glendale, Arizona. This achievement underscores Choice's rapid expansion and leadership in the economy and midscale extended stay market, powered by a playbook that helps drive revenue and lowers total cost of ownership with strategic new builds an
NORTH BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, will report its third quarter 2024 earnings results at approximately 6:30 a.m. EST on Monday, November 4, 2024. The company will also hold a conference call at 10 a.m. EST, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (i
New Modular Design Package Offers a Quick Way to Implement Multi-Use Lobby Spaces Tailored for Long-Stay Guests, Expanding Choice's Conversion Offerings with the Previously Introduced "Kitchen in a Box" NORTH BETHESDA, Md., Oct. 7, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the largest hotel franchisors in the world, is expanding its portfolio of innovative solutions for its extended stay hotel conversions with the introduction of Lobby in a Box—a proprietary and exclusive to Choice modular design package that allows hoteliers to transform public spaces such as lobby dining areas into multi-functional, revenue-generating spaces in as little as 120 days for its
Relaunch marks the latest major investment in the Radisson Hotels Americas brands since Choice's acquisition in 2022 NORTH BETHESDA, Md., Oct. 3, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) today announces the relaunch of Radisson Individuals in the Americas region as an upper upscale soft brand focused on full-service, boutique and independent hotels that stand apart for their distinctive local character and superior guest service. This latest major investment in the Radisson Hotels Americas brands since their acquisition in 2022 builds on Choice's legacy as a pioneer of the soft brand segment and strengthens its portfolio with an offering that serves a fast-growing se
Demand for extended stay hotels exceeds supply, and owning these hotels is a way to invest in the hottest segment in hospitality NORTH BETHESDA, Md., Sept. 23, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) continues to lead in the extended stay segment, opening 17 MainStay Suites and Suburban Studios between January 1 and September 17, 2024. Breaking into the key markets of Las Vegas, Nevada (with a second hotel opening later this month); Moreno Valley, California; Orlando and Tampa, Florida, 16 of the 17 hotels opened across the two brands are conversions, with the average length of time between contract signing and doors opening around 120 days. Half of the nearly 70 p
Nestled among iconic landmarks, the new 99-room hotel features full kitchens in all guest rooms WASHINGTON, Sept. 17, 2024 /PRNewswire/ -- Hotel Equities (HE) and Urban Investment Partners (UIP) proudly announce the opening of The Quincy, Ascend Hotel Collection, located in the heart of Washington, D.C. The Quincy is an upscale boutique hotel that seamlessly combines comfort, convenience, and style, making it an ideal choice for both business and leisure travelers alike. Located at 1823 L St. NW, The Quincy is in the core of D.C.'s business district, steps from the metro and a short walk to the White House. The hotel, franchised by Choice Hotels International (NYSE:CHH), is owned by 1823 Own
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
4 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Issuer)
Jefferies downgraded Choice Hotels from Buy to Hold and set a new price target of $150.00
Goldman initiated coverage of Choice Hotels with a rating of Sell and set a new price target of $105.00
JP Morgan downgraded Choice Hotels from Neutral to Underweight and set a new price target of $120.00
Susquehanna initiated coverage of Choice Hotels with a rating of Neutral and set a new price target of $125.00
Jefferies upgraded Choice Hotels from Underperform to Buy and set a new price target of $156.00 from $96.00 previously
Jefferies downgraded Choice Hotels from Hold to Underperform and set a new price target of $96.00 from $119.00 previously
JP Morgan upgraded Choice Hotels from Underweight to Neutral and set a new price target of $115.00
HSBC Securities initiated coverage of Choice Hotels with a rating of Hold and set a new price target of $131.00
Argus initiated coverage of Choice Hotels with a rating of Buy and set a new price target of $145.00
Robert W. Baird upgraded Choice Hotels from Neutral to Outperform and set a new price target of $134.00 from $133.00 previously
Choice Hotels Intl (NYSE:CHH) underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 1 0 Last 30D 0 0 0 1 0 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Choice Hotels Intl, presenting an average target of $127.6, a high estimate of $144.
JP Morgan analyst Joseph Greff downgrades Choice Hotels Intl (NYSE:CHH) from Neutral to Underweight and announces $120 price target.
The notes will mature on August 1, 2034, will bear interest at a rate of 5.850%, and will be issued at 98.929% of par value. The notes will be unsecured, unsubordinated obligations of the Company.
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Choice Hotels Intl (NYSE:CHH) in the last three months. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 0 1 0 Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $126.4, a high estimate of $144.00, and a low estimate of $112.00. A 5.67% drop is evident in the current average co
Susquehanna analyst Christopher Stathoulopoulos initiates coverage on Choice Hotels Intl (NYSE:CHH) with a Neutral rating and announces Price Target of $125.
8 analysts have shared their evaluations of Choice Hotels Intl (NYSE:CHH) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 4 2 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 0 1 0 3M Ago 0 1 2 1 0 Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $133.88, a high estimate of $156.00, and a low estimate of $112.00. This upward trend is evident, with
Truist Securities analyst Patrick Scholes maintains Choice Hotels Intl (NYSE:CHH) with a Hold and lowers the price target from $146 to $144.
Across the recent three months, 8 analysts have shared their insights on Choice Hotels Intl (NYSE:CHH), expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 3 3 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 1 0 2M Ago 0 1 2 1 0 3M Ago 0 0 0 1 0 Analysts have set 12-month price targets for Choice Hotels Intl, revealing an average target of $130.75, a high estimate of $156.00
Deutsche Bank analyst Carlo Santarelli maintains Choice Hotels Intl (NYSE:CHH) with a Hold and lowers the price target from $128 to $112.
U.S. stocks are on track for a mixed start on Wednesday as the market digests mixed earnings reports and looks ahead to more speeches by Federal Reserve officials. Given the paucity of any market-moving economic data, the spotlight will likely be on central bank officials’s statements about rates and inflation. The still-contained bond yields suggest traders are still harboring hopes of rate cuts this year. The importance of each incoming data, therefore, can’t be emphasized enough. “Wall Street will continue to root for bad economic news since it wants to guilt the Fed to begin cutting key interest rates sooner rather than later,” said fund manager Louis Navellier. FuturesPerformance
Choice Hotels reinforces its leadership and first-mover advantage in extended stay with groundbreakings in Texas, Kansas, and Kentucky NORTH BETHESDA, Md., Aug. 20, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, continues to strengthen its leadership position in extended stay with three new Everhome Suites breaking ground in San Antonio, Texas; Bowling Green, Kentucky; and Wichita, Kansas. All three were developed in collaboration with Highside Companies. These groundbreakings, along with eight others earlier this year, demonstrate Choice's first-mover advantage in the category, continuing to capitalize on extended stay dema
After 3.9 million points redeemed for college football experiences, rewards program continues expanding exclusive sports opportunities for members NORTH BETHESDA, Md., Jan. 31, 2024 /PRNewswire/ -- Choice Privileges, the award-winning rewards program of Choice Hotels International, Inc. (NYSE:CHH), announced a sponsorship with Trackhouse Racing for the 2024 NASCAR Cup series season. As part of the continued reinvigoration of the program, Choice Privileges is offering exclusive VIP passes, grandstand tickets, merchandise and more for races throughout the season. Choice Privileges is increasingly strengthening rewards and opportunities for members following the successful college football, bas
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. A veteran finance and international business development executive, Mr. Losada Revol joins Choice as the company continues to expand its global footprint. In the newly created role, Mr. Losada Revol is charged with driving the growth and performance of Choice's international segment, which n
The role deepens company's relationship with guests ROCKVILLE, Md., Aug. 15, 2022 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH)—one of the world's largest lodging franchisors—has appointed Noha Abdalla to the role of chief marketing officer, reporting directly to President and Chief Executive Officer, Patrick Pacious. As a key member of the senior executive team, Abdalla will be a champion for the guest experience, leading the company's marketing, advertising, communications, and brand-building functions to advance Choice's corporate strategy across guest touchpoints. She will also help develop a future state technology and infrastructure roadmap for Choice's marketing vision,
ROCKVILLE, Md., July 22, 2021 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, has appointed Donna Vieira to its board of directors. Vieira is executive vice president and chief commercial officer at Sallie Mae where she oversees the company's top line revenue growth, credit, pricing and loss mitigation, as well as products, sales, marketing, customer and digital experience, and business development. Previously, she was chief marketing officer of consumer banking and wealth management at JPMorgan Chase. She is a
Drives EPS Growth of 23% Year-over-Year Raises Full-year 2024 Net Income, EPS, and RevPAR Guidance NORTH BETHESDA, Md., Nov. 4, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, today reported its third quarter 2024 results. Highlights include: Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023.Net income increased 15% to $105.7 million for third quarter 2024, representing diluted earnings per share (EPS) of $2.22, a quarterly re
NORTH BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, will report its third quarter 2024 earnings results at approximately 6:30 a.m. EST on Monday, November 4, 2024. The company will also hold a conference call at 10 a.m. EST, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (i
Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md., Sept. 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, announced that its board of directors has declared a cash dividend of $0.2875 per share on the company's common stock. The dividend is payable on October 16, 2024, to shareholders of record on October 1, 2024. About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale
Raises Midpoint of Full-year 2024 EPS GuidanceGlobal Rooms Pipeline up 22% and Openings up 20% Year-over-Year NORTH BETHESDA, Md., Aug. 8, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, today reported its second quarter 2024 results. Highlights include: Total revenues reached $435.2 million for second quarter 2024, a quarterly record and a 2% increase compared to the same period of 2023.Net income increased 3% to $87.1 million for the second quarter of 2024, representing diluted earnings per share (EPS) of $
NORTH BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's largest lodging franchisors, will report its second quarter 2024 earnings results at approximately 6:30 a.m. EDT on Thursday, August 8, 2024. The company will also hold a conference call at 10 a.m. EDT, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-9445 (
Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md., May 15, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH), one of the world's leading lodging franchisors, announced that its board of directors has declared a cash dividend of $0.2875 per share on the company's common stock. The dividend is payable on July 16, 2024, to shareholders of record on July 1, 2024. About Choice Hotels® Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale and a le
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. Highlights include: Net income was $31.0 million for first quarter of 2024, representing diluted earnings per share (EPS) of $0.62. As a result of one-time items, including due d
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. EDT on Wednesday, May 8, 2024. The company will also hold a conference call at 10 a.m. EDT, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance. To participate in the teleconference, please dial (800) 549-8228 (domestic) or (646) 564-2877 (in
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. Holmes, Chairman of the Board. "We are confident in Wyndham's standal
Announces Expiration of Exchange Offer and Withdrawal of Independent Director Candidates for Election at Wyndham's 2024 Annual Meeting Increases Share Repurchase Authorization Projects to Continue Delivering Strong Earnings Growth NORTH BETHESDA, Md., March 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE:CHH) (the "Company" or "Choice") today announced the expiration of the exchange offer to acquire all of the issued and outstanding shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) ("Wyndham"). The Company is also withdrawing its nomination of the highly qualified, independent director candidates for election at Wyndham's 2024 Annual Meeting of Stockholders. The Company fu
SCHEDULE 13G/A - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
144 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
144 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Subject)
10-Q - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
8-K - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
10-Q - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
8-K - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
8-K - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
8-K - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)
424B5 - CHOICE HOTELS INTERNATIONAL INC /DE (0001046311) (Filer)