STOCK TITAN

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

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Choice Hotels International concluded its 68th Annual Convention in Las Vegas, NV, one of the largest to date. The event featured the relaunch of Park Inn by Radisson, the reintroduction of the SOAR program for hotel ownership opportunities, and awards for top-performing hotels. Choice expressed optimism about future growth and celebrated owners' success.

Positive
  • Choice Hotels International showcased its commitment to creating hotel ownership opportunities for underrepresented entrepreneurs through the reintroduction of the SOAR program.

  • Choice Hotels President and CEO, Patrick Pacious, expressed optimism about the company's shared future and its potential to capture a growing demand for travel.

  • The company celebrated top-performing hotels and franchisees during the event, highlighting their success and commitment to excellence in guest service and operational performance.

Negative
  • No significant negative business aspects were highlighted in the press release.

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

NORTH BETHESDA, Md., May 9, 2024 /PRNewswire/ -- Last week, Choice Hotels International (NYSE: CHH) concluded its 68th Annual Convention in Las Vegas, NV, one of the largest to date. Over the course of three days, Choice provided owners and operators with a roadmap on how together they will capitalize on their competitive position to capture the growing demand for travel. Choice announced the relaunch of Park Inn by Radisson and its strategic repositioning into the premium value space. The company also reintroduced the SOAR program and reaffirmed its over twenty-year commitment to create hotel ownership opportunities for underrepresented entrepreneurs.

"This year's convention was about celebrating the new level of success that Choice and its franchisees have achieved together," said Choice Hotels President and CEO Patrick Pacious. "I've never been more optimistic about our shared future. With our brands well positioned to capture even more of the growing travel demand, we have a tremendous opportunity in front of us."

During the event, Choice awarded and celebrated the top-performing hotels through Choice's Premier Awards and the Best of Choice Awards, the company's most coveted accolades.

Premier Award Winners

  • Kunal Dave of Laxmi Hotels Group (Premier Developer Award): Dave has been a Choice owner for over a decade and currently owns more than 25 Choice hotels spanning Economy, Midscale, Upper Midscale, and Extended Stay. He excels at repositioning and rebranding properties to drive up revenue and profitability.
  • Bob Patel of Omaha Hotels, Inc. (Premier Legacy Award): Patel began his relationship with Choice over 15 years ago by purchasing an Econo Lodge in Janesville, Wisconsin. Today, he has 15 Choice hotels under the Comfort, Country, Sleep Inn, Quality Inn, and MainStay Suites brands. A longtime member of the Wisconsin Hotel Association, he is passionate about mentoring aspiring entrepreneurs.

Best of Choice Winners

Like the Premier winners, the Best of Choice award recipients were selected for their demonstrated commitment to superior guest service and operational excellence. The best international properties and the best hotel per brand in the U.S. were selected.

About Choice Hotels® 
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale and a leader in midscale and extended stay, Choice® has over 7,500 hotels, representing more than 630,000 rooms, in 46 countries and territories. A diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay and economy enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/choice-hotels-international-concludes-68th-annual-convention-one-of-its-largest-ever-302140979.html

SOURCE Choice Hotels International, Inc.

FAQ

What was one of the highlights of Choice Hotels International's 68th Annual Convention?

Choice Hotels International celebrated the relaunch of Park Inn by Radisson during the annual convention.

What program was reintroduced to create hotel ownership opportunities for underrepresented entrepreneurs?

The SOAR program was reintroduced by Choice Hotels International to provide ownership opportunities for underrepresented entrepreneurs.

Who was awarded the Premier Developer Award during the convention?

Kunal Dave of Laxmi Hotels Group received the Premier Developer Award for his excellence in repositioning and rebranding Choice hotels.

Which hotel won the Best of Choice award in Traverse City, Michigan?

Cambria Hotel Traverse City was awarded the Best of Choice award in Traverse City, Michigan.

How many hotels does Choice Hotels International have globally?

Choice Hotels International has over 7,500 hotels worldwide, representing more than 630,000 rooms across 46 countries and territories.

Choice Hotels International, Inc.

NYSE:CHH

CHH Rankings

CHH Latest News

CHH Stock Data

5.45B
36.51M
37.5%
67.68%
10.64%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
NORTH BETHESDA

About CHH

the comfort® brand family, including comfort inn®, comfort inn & suites®, and comfort suites®, features a modern look and amenities designed to help you feel refreshed and ready to take on the day. we offer a consistent, warm and welcoming experience with benefits that actually matter, so you can be at your best. comfort® hotels are located everywhere guests want to stay, with more than 1,600 properties in the u.s. and over 2,100 internationally.at the heart of the comfort brand is a commitment to enabling our owners’ success. the launch of the comfort rise & shine prototype further solidifies the brand's leadership position in the upper midscale segment and positions comfort for future growth and competitive outperformance.