Welcome to our dedicated page for Choice Hotels Intl news (Ticker: CHH), a resource for investors and traders seeking the latest updates and insights on Choice Hotels Intl stock.
Choice Hotels International, Inc. (CHH) maintains its position as a leading global lodging franchisor through strategic innovation and a diverse portfolio of hospitality brands. This page serves as the definitive source for all company announcements, operational updates, and industry developments.
Investors and industry professionals will find timely updates on franchise expansions, technology initiatives like the choiceEDGE platform, and brand portfolio enhancements. The curated collection includes earnings disclosures, partnership announcements, and insights into modular conversion solutions that drive operational efficiency across properties.
With a focus on CHH's franchise-first business model and commitment to owner success, this resource provides essential context for understanding the company's market position. Regular updates ensure stakeholders stay informed about initiatives impacting extended-stay demand cycles, midscale hospitality trends, and international growth strategies.
Bookmark this page for direct access to CHH's official communications, including updates on loyalty programs, sustainability efforts, and technological advancements shaping modern hospitality operations.
Choice Hotels opened its 69th Annual Convention in Las Vegas, highlighting significant growth and strategic investments. CEO Patrick Pacious announced that the company's loyalty membership has exceeded 70 million, with members booking directly more often and showing increased length of stays.
Key achievements include: a 6% increase in direct booking conversions, $25 million in operational cost savings identified for owners, and a 9% reduction in food costs through a new purchasing program. The company's upscale portfolio grew by 44% last year, now managing over 7,500 hotels worldwide.
Notable innovations include AI-powered solutions for personalized marketing, revenue management, and a new group travel system. In extended stay, Choice leads with 500+ properties and continues expanding with brands like Everhome Suites. The WoodSpring Suites brand maintains strong performance with gross operating profits above 55%.
Choice Hotels International (NYSE: CHH) launches its 10th annual tech summit 'MasteryX' in Scottsdale, bringing together 650 associates to explore cutting-edge technologies and solve industry challenges. The summit focuses on leveraging AI, quantum computing, and other technologies to enhance business intelligence, cybersecurity, and property operations.
A notable success from last year's summit includes an automation project that reduced special rates processing time from 2.5 weeks to instant processing, generating over $31 million in sales across 450,000 room nights. The company showcases its innovation timeline, including pioneering achievements such as launching the first hotel website with real-time rates (1995), developing the first cloud-based property management system (2003), and becoming the first major hotel company to fully migrate to AWS Cloud (2024).
Choice Hotels International (NYSE: CHH), one of the world's largest lodging franchisors, has scheduled its first quarter 2025 earnings release for May 8, 2025, at 6:30 a.m. EDT. The company will host a conference call at 10:00 a.m. EDT featuring CEO Patrick Pacious and CFO Scott Oaksmith to discuss the quarterly performance.
Choice Hotels currently operates a portfolio of 22 brands across 7,500 hotels, representing more than 650,000 rooms in 46 countries and territories. Their range includes full-service upper upscale properties, midscale, extended stay, and economy accommodations.
Choice Hotels International (NYSE: CHH) announced the opening of three new Everhome Suites properties in Huntsville (Alabama), Chandler (Arizona), and Temecula (California), expanding its portfolio to 10 locations nationwide. The company aims to have 25 hotels operational by year-end, with 20 currently under construction and over 65 in the pipeline.
The expansion reflects strong growth in the extended stay segment, with Choice's domestic extended stay rooms growing 10% year-over-year. Across its four extended stay brands, Choice Hotels has 515 hotels open and nearly 400 in development. The new properties feature 98 rooms in Huntsville, 114 in Chandler, and 117 in Temecula, offering fully equipped kitchens, spa-style bathrooms, and modern amenities including 24/7 fitness centers with Peloton bikes.
Choice Hotels International (NYSE: CHH) has reached a significant milestone with the opening of its 70th Clarion Pointe hotel in Milwaukee, Wisconsin. The midscale brand, launched in 2018, continues to expand with 43 additional hotels in the pipeline and 27 planned openings this year in locations including Galveston, Texas, and Gettysburg, Pennsylvania.
The brand's success is attributed to its flexible, low-cost conversion approach and focus on delivering elevated essentials for value-conscious travelers. Clarion Pointe hotels feature modern design, curated food and beverage offerings, fitness essentials, and on-demand TV casting. The brand participates in the Choice Privileges rewards program with over 68 million members.
Choice Hotels supports franchise owners with advanced technological tools including the choiceEDGE reservation platform and choiceADVANTAGE property management system. The company has also partnered with Bridge to provide hotel owners access to affordable financing solutions.
Choice Hotels International (NYSE: CHH) has unveiled new value-engineered prototypes for Comfort and Country Inn & Suites by Radisson, aiming to enhance owner profitability and brand distinction. The updates promise a 10-15% reduction in construction costs while adding revenue-generating spaces.
The Comfort prototype adds three keys within existing footprint, reduces FF&E package SKUs by 30%, and optimizes costs by 16%. The brand, with over 2,100 locations and 122 in pipeline, features an open lobby design and enhanced breakfast areas.
The Country Inn & Suites prototype gains 18 keys while reducing minimum land footprint. The brand has shown strong performance with a 19-point increase in RevPAR Index and 20% rise in direct online contribution.
Both brands benefit from Choice Hotels' franchisee support system, including ChoiceMAX revenue management solution and ChoiceConnect portal. The Choice Privileges rewards program serves over 69 million members across 7,100 hotels in 46 countries.
Choice Hotels International (NYSE: CHH) reports significant performance improvements for Country Inn & Suites by Radisson since its integration with Radisson Hotels Americas two years ago. The brand achieved a 19-point increase in RevPAR Index and a 20% rise in direct online contribution.
Key achievements include increased revenue from group and business travelers, higher booking conversion rates, and 38 new properties added to the development pipeline. The company introduced a refreshed guestroom design in 2023, receiving positive feedback with 84% guest approval.
Choice Hotels launched ChoiceConnect, a mobile-friendly owner's portal, and demonstrated success with revenue optimization tools like ChoiceROCS and ChoiceMAX. Hotels using ChoiceROCS showed a 2% higher RevPAR Index compared to non-participating properties in 2024.
Choice Hotels International (NYSE: CHH) is expanding its Choice Privileges sponsorship with Trackhouse Racing for the 2025 NASCAR Cup Series season. The program will now include both Ross Chastain (No.1 Chevrolet) and Daniel Suárez (No. 99 Chevrolet) as sponsored drivers.
The expansion follows strong customer engagement in 2024, where members redeemed millions of points for VIP racing experiences, with nearly 90% using points earned through hotel stays or Choice Privileges Mastercard. Almost 80% of participants were Choice Hotels Elite members.
Choice Privileges experiences will be available at all 38 NASCAR Cup Series races in 2025. The brand will be featured as the primary paint scheme on Trackhouse Racing cars at select races in Martinsville, Kansas City, St. Louis, and Charlotte. Members can use points to bid on exclusive experiences including team transporter tours, pit road access, driver meet-and-greets, and watching races from the pit box.
Choice Hotels International (NYSE: CHH) has declared a quarterly cash dividend of $0.2875 per share on its common stock, payable on April 16, 2025, to shareholders of record on April 1, 2025.
The company, one of the world's largest lodging franchisors, operates a diverse portfolio of 22 brands across multiple segments, from full-service upper upscale to economy properties. Choice Hotels currently maintains over 7,500 hotels with more than 650,000 rooms across 46 countries and territories.
Choice Hotels International (NYSE: CHH) reported strong fourth quarter and full-year 2024 results, exceeding top-end earnings guidance. Net income increased 16% to $299.7 million for full-year 2024, with diluted EPS up 22% to $6.20. The company achieved record adjusted EBITDA of $604.1 million, a 12% increase year-over-year.
Key operational highlights include a 3.3% growth in global rooms system, with 4.3% growth in domestic upscale, extended stay, and midscale rooms portfolio. The company opened 407 hotels globally, a 21% increase from 2023. A strategic partnership with Westgate Resorts added 21 hotels and 14,471 rooms in Q4 2024. Domestic RevPAR increased by 4.5% in Q4 2024.
The company repurchased 3.1 million shares for $382.1 million during 2024 and projects 2025 net income between $288-300 million, with adjusted EBITDA expected between $625-640 million.
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