Choice Hotels International, Inc. (CHH)
Market Cap | 6.59B |
Revenue (ttm) | 779.01M |
Net Income (ttm) | 251.54M |
Shares Out | 46.54M |
EPS (ttm) | 5.17 |
PE Ratio | 27.38 |
Forward PE | 19.83 |
Dividend | $1.15 (0.81%) |
Ex-Dividend Date | Oct 1, 2024 |
Volume | 292,972 |
Open | 140.52 |
Previous Close | 140.70 |
Day's Range | 140.40 - 142.41 |
52-Week Range | 108.91 - 153.81 |
Beta | 1.24 |
Analysts | Sell |
Price Target | 132.92 (-6.12%) |
Earnings Date | Nov 4, 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]
Financial Performance
In 2023, CHH's revenue was $760.01 million, an increase of 12.34% compared to the previous year's $676.50 million. Earnings were $257.13 million, a decrease of -22.15%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for CHH stock is "Sell." The 12-month stock price forecast is $132.92, which is a decrease of -6.12% from the latest price.
News
Everhome Suites Continues to Demonstrate Strong Growth with Key New Openings in North Carolina and Wyoming and a Groundbreaking in Tennessee
Choice Hotels International's Everhome Suites brand maintains momentum following 500th extended stay property milestone, with 65 Everhome properties and nearly 400 portfolio-wide in the pipeline NORTH...
Choice Hotels Announces Quarterly Cash Dividend
Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md. , Dec. 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leadin...
Choice Hotels International Announces 2024 Grant Recipients of "Your Community, Your Choice" Program, Donates $75,000 to Support Local Communities
Choice Hotels celebrates 5th year of the program helping hotels donate a combined total of $275,000 to local nonprofits across the country NORTH BETHESDA, Md. , Dec. 3, 2024 /PRNewswire/ -- In celebra...
Choice Hotels Announces Two New SOAR Contracts Supporting Hotel Ownership Opportunities for Underrepresented Entrepreneurs
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)...
Choice Hotels International's Campaign Benefitting American Red Cross Hurricane Relief Efforts Raises Over $160,000 in Total from Choice Privileges Points Donations and Corporate Matching
NORTH BETHESDA, Md. , Nov. 14, 2024 /PRNewswire/ -- Through a matching campaign, Choice Hotels International, Inc. (NYSE: CHH) associates and members of the Choice Privileges rewards program have dona...
Choice Hotels Continues Upscale Category Growth with New Cambria Hotels Openings and Key Groundbreakings Across the U.S.
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 H...
Choice Hotels: Still A Buy With Earnings Beat And Guidance Raise
CHH's Q3 2024 non-GAAP adjusted EPS rose by +22.5% YoY and exceeded the consensus estimate by +16.6%, thanks to royalty rate expansion and a higher number of hotel rooms. The company raised its full-y...
Choice Hotels International, Inc. (CHH) Q3 2024 Earnings Call Transcript
Choice Hotels International, Inc. (NYSE:CHH) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director of Investor Relations Pat Pacious - Pre...
Choice Hotels International Reports Strong Third Quarter 2024 Results
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), on...
Choice Privileges to introduce longer booking window, more redemption options
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, M...
Choice Hotels International Celebrates Major Milestone with 500th Extended Stay Property Opening, Everhome Suites Glendale
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...
Choice Hotels International and Members of Choice Privileges Come Together for Donation to American Red Cross Hurricane Relief Efforts
Choice Privileges points donation and Choice corporate matching campaign continues NORTH BETHESDA, Md. , Oct. 22, 2024 /PRNewswire/ -- Through a matching campaign, Choice Hotels International, Inc. (N...
Choice Hotels International to Report 2024 Third Quarter Results on November 4, 2024
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 a...
Choice Hotels International Unveils Exclusive and Proprietary "Lobby in a Box" to Streamline Extended Stay Hotel Conversions and Elevate the Guest Experience
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 Bo...
Choice Hotels relaunches Radisson Individuals as part of its portfolio of brands, adding a distinctive proposition to the upper upscale segment
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...
Choice Hotels Opened 17 MainStay Suites and Suburban Studios Since January 2024 Breaking into Las Vegas, Moreno Valley, Orlando, and Tampa Markets, Demonstrating Best-In-Class Conversion Capabilities and Leadership in the Extended Stay 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 Inte...
Hotel Equities and UIP Announce the Opening of The Quincy, Ascend Hotel Collection, an Upscale Boutique Hotel Located in the Heart of Washington, DC
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) prou...
Radisson Fairview Heights Hotel Opens in St. Louis Area
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 indu...
Choice Hotels International: Worst Performer Among Peers
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...
Choice Hotels Announces First Contract Awarded Under Recently Reintroduced SOAR Program to Support Hotel Ownership Opportunities for Historically Underrepresented Entrepreneurs
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 lar...
Everhome Suites Continues to Expand with Three New Locations Breaking Ground in Key Markets
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 Hotel...
Choice Hotels International Installs Beehives at its North Bethesda Headquarters to Promote Sustainability and Local Biodiversity in Collaboration with Bee Downtown
150,000 bees, living in hives with a "Bee Hotel" design selected by Choice associates, are already producing local honey NORTH BETHESDA, Md., Aug. 15, 2024 /PRNewswire/ -- Choice Hotels International,...
Choice Hotels International Engages Top-Tier Agencies, 72andSunny New York for Creative and dentsu X for Digital Media, to Continue Taking Its Consumer Marketing to the Next Level
Together, Choice and its agencies will help increase awareness and drive direct bookings to its diverse portfolio of 22 hotel brands, including Radisson, Cambria Hotels, Comfort Hotels, Country Inn & ...
Choice Hotels International's WoodSpring Suites Ranked #1 in Guest Satisfaction by J.D. Power
Extended Stay Brand Takes Top Honors for Third Consecutive Year NORTH BETHESDA, Md. , Aug. 12, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), an industry leader in extended stay, ...
Choice Hotels International, Inc. (CHH) Q2 2024 Earnings Call Transcript
Choice Hotels International, Inc. (NYSE:CHH) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Pat Pacious - Pres...