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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.
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.
Choice Hotels' conversion abilities and collaborative approach with developers solidify its position in the extended-stay hotel segment.
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.
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.
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.
Choice Hotels Continues to Grow its Upscale Portfolio with Opening at 'Gateway to the West' NORTH BETHESDA, Md. , Sept. 10, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), the industry's player to watch in the upscale segment, further expanded its upscale portfolio with the opening of the Radisson Hotel Fairview Heights - St. Louis in Fairview Heights, Illinois.
The hotel industry is expected to continue facing macro headwinds. Poor industry outlook, with weakening demand for hotels in 2H24, impacts CHH's revenue growth. CHH's underperformance in RevPAR, room growth, and FCF conversion rate make it less attractive compared to peers, leading to a hold rating.
Conversion Agreement Signed with Choice's Suburban Studios Extended Stay Brand NORTH BETHESDA, Md. , Aug. 27, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, announced its first contract under the recently reintroduced SOAR (Supporting Ownership Access and Representation) program, designed to create hotel ownership opportunities for underrepresented entrepreneurs.
Choice Hotels (CHH) is making strategic moves to further solidify its position in the extended stay market.