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That supply demand imbalance is really driving higher performance in he extended stay space, notes Matt McElhare. He discusses summer outlook for the hotel and lodging industry, highlighting Choice Hotels (CHH).
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.
Choice Hotels' (CHH) Everhome Suites brand traction and interest from commercial real estate investors underscore its potential for success.
Choice Hotels (CHH) first-quarter 2024 results benefit from impressive outcomes of the effective realization of revenue synergies, stemming from the Radisson Americas acquisition.
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.
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.
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.
Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to share outlooks on recent IPO stocks.
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.
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.