Choice Hotels International Publishes 2024 Sustainability Report
Rhea-AI Summary
Choice Hotels International (NYSE: CHH) has released its 2024 Sustainability Report, highlighting significant environmental and social initiatives. The company has expanded its emissions reporting to include Scope 3 greenhouse gas emissions, preparing for science-based targets. Choice Hotels announced a $150,000 annual partnership with the National Park Foundation, leveraging its strategic advantage of having 95% of U.S. hotels within 90 minutes of national parks.
The company's "Your Community, Your Choice" grant program marked its fifth anniversary, having contributed $275,000 to local nonprofits since inception. Choice Hotels received multiple recognitions, including being named one of America's Most Responsible Companies by Newsweek, winning a World Sustainable Travel & Hospitality Award for CO2 sequestration technology, and receiving the PACT Freedom Award for anti-trafficking efforts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- First-time reporting of comprehensive Scope 3 emissions, demonstrating transparency and commitment to environmental goals
- Strategic $150,000 partnership with National Park Foundation, leveraging proximity of 95% of U.S. hotels to national parks
- Successful community grant program with $275,000 in total contributions
- Multiple sustainability and social responsibility awards received in 2024
Negative
- None.
News Market Reaction – CHH
On the day this news was published, CHH gained 2.31%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"At Choice Hotels, we are dedicated to building a better tomorrow, today, by integrating sustainable practices across our business," said Megan Brumagim, Vice President, Upscale Brands and Chief Sustainability Officer for Choice Hotels International. "Our 2024 Sustainability Report highlights our commitment to reducing our environmental footprint and driving long-term value for hotel owners. We are proud of the progress we've made and remain energized to continue our journey towards a more sustainable tomorrow."
Key Highlights of the 2024 Sustainability Report
Carbon Emissions: Choice Hotels has reported its Scope 3 greenhouse gas emissions for the first time, alongside Scope 1 and 2 emissions. Choice has calculated its full greenhouse gas inventory as an important step towards fulfilling its commitment to set science-based targets.
National Parks Foundation: Choice Hotels also announced a collaboration with the National Park Foundation (NPF). Choice will contribute
Your Community, Your Choice: In 2024, Choice's "Your Community, Your Choice" grant program celebrated its fifth anniversary, donating a total of
Awards and Recognitions: Choice Hotels has been honored with several awards in 2024, including:
- Recognized as one of America's Most Responsible Companies in 2025 by Newsweek and Statista, underscoring Choice Hotels' dedication to making a positive global impact through its various sustainability initiatives.
- Received an inaugural 2024 World Sustainable Travel & Hospitality Award for the installation of CarbinX at the Radisson Blu Mall of America in
Minnesota , in collaboration with CleanO2, making it the first hotel in the world equipped with this technology that sequesters CO2 emissions. - Honored with the PACT Freedom Award for its leadership and innovative approach to help prevent human trafficking.
To download Choice Hotel's 2024 Sustainability report, please visit: https://investor.choicehotels.com/overview/default.aspx
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About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH), is one of the largest lodging franchisors in the world, with over 7,500 hotels, representing nearly 650,000 rooms, in 46 countries and territories. A wide-ranging portfolio of 22 brands that includes full-service upper upscale, midscale, extended stay, and economy properties 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.
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SOURCE Choice Hotels International, Inc.