Choice Hotels International, Inc. (CHH)

NYSE: CHH · IEX Real-Time Price · USD
118.40
-1.66 (-1.38%)
May 17, 2024, 4:00 PM EDT - Market closed
-1.38%
Market Cap 5.70B
Revenue (ttm) 1.54B
Net Income (ttm) 236.70M
Shares Out 48.16M
EPS (ttm) 4.68
PE Ratio 25.30
Forward PE 18.10
Dividend $1.15 (0.97%)
Ex-Dividend Date Jul 1, 2024
Volume 274,834
Open 120.30
Previous Close 120.06
Day's Range 117.90 - 120.75
52-Week Range 108.91 - 136.02
Beta 1.22
Analysts Hold
Price Target 128.44 (+8.48%)
Earnings Date May 8, 2024

About CHH

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza... [Read more]

Industry Lodging
IPO Date Sep 16, 1997
Employees 1,836
Stock Exchange NYSE
Ticker Symbol CHH
Full Company Profile

Financial Performance

In 2023, CHH's revenue was $1.54 billion, an increase of 10.14% compared to the previous year's $1.40 billion. Earnings were $258.51 million, a decrease of -22.17%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CHH stock is "Hold." The 12-month stock price forecast is $128.44, which is an increase of 8.48% from the latest price.

Price Target
$128.44
(8.48% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Choice Hotels Announces Quarterly Cash Dividend

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 leadi...

3 days ago - PRNewsWire

Oracle Hospitality Hotel Merchandising Solution to be Offered to Choice Hotels International's Portfolio of Upscale Hotels

With the Oracle Nor 1 AI-powered upselling tool, properties can help increase revenue while providing tailored experiences to guests Properties using Nor1 eStandby Upgrade averaged a 17% uptick in ups...

Other symbols: ORCL
4 days ago - PRNewsWire

Everhome Suites Debuts First Hotel Reflecting Brand Standard Prototype in Nampa, Idaho to Meet Growing Demand in Market

Everhome Suites Continues to Grow with its Third Opening and Over 60 Hotels in the Pipeline NORTH BETHESDA, Md. , May 13, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) announced t...

5 days ago - PRNewsWire

Choice Hotels International Concludes 68th Annual Convention, One of its Largest Ever

Highlights included the relaunch of Park Inn by Radisson, the reintroduction of the SOAR program to create hotel ownership opportunities for underrepresented entrepreneurs, and awards for top hotels N...

9 days ago - PRNewsWire

Choice Hotels International Reports First Quarter 2024 Results

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 R...

10 days ago - PRNewsWire

Earnings Exchange: Uber, Reddit, and Choice Hotels

Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to share outlooks on recent IPO stocks.

Other symbols: RDDTUBER
11 days ago - CNBC Television

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

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...

16 days ago - PRNewsWire

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

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 B...

17 days ago - PRNewsWire

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

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 BETHE...

18 days ago - PRNewsWire

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Choice Hotels International, Inc. (NYSE: CHH)

NEW YORK, April 26, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Choice Hotels International, Inc. (NYSE: CHH) concerning possible breaches of fiduciary du...

22 days ago - PRNewsWire

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

Highlights Include Committing to Reduce Greenhouse Gas Emissions, Incorporating Sustainability into Property Improvement Plans, and a Refreshed Approach to Human Trafficking Awareness and Prevention  ...

23 days ago - PRNewsWire

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

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 ...

4 weeks ago - PRNewsWire

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

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...

5 weeks ago - PRNewsWire

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

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 /PRNew...

5 weeks ago - PRNewsWire

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

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 /PRNewsw...

6 weeks ago - PRNewsWire

Choice Hotels Promotes Sireesha Kunduri to Chief of Product Engineering

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 th...

7 weeks ago - PRNewsWire

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

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., M...

2 months ago - PRNewsWire

Choice Hotels Ends $7.8 Billion Takeover Bid for Wyndham

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 substa...

Other symbols: WH
2 months ago - Investopedia

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

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

Other symbols: WH
2 months ago - Barrons

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

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 a...

Other symbols: WH
2 months ago - Market Watch

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

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") exchan...

Other symbols: WH
2 months ago - PRNewsWire

Choice Hotels Scraps Roughly $7 Billion Bid For Wyndham After Rebuff

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.

Other symbols: WH
2 months ago - WSJ

Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts

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 Del...

Other symbols: WH
2 months ago - PRNewsWire

Wyndham Board of Directors Sends Letter to Shareholders Highlighting Clear Path to Deliver Value Substantially in Excess of Choice's Inadequate and Risk-Laden Offer

Urges Shareholders to Protect Their Investment and the Future of Wyndham by Supporting Only Wyndham's Eight Highly-Qualified Director Nominees Encourages Shareholders to Visit StayWyndham.com for More...

Other symbols: WH
2 months ago - PRNewsWire

Choice Hotels Named One of America's Greatest Workplaces for Women 2024 by Newsweek

Widely recognized as a "best place to work," Choice is dedicated to diversity and the overall wellness of its associates NORTH BETHESDA, Md. , March 8, 2024 /PRNewswire/ -- Choice Hotels International...

2 months ago - PRNewsWire