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 International (NYSE: CHH) has expanded its Safe Stays by ReloShare initiative by including Radisson Hotels Americas, increasing the number of hotels participating in the emergency lodging program for victims of violence to over 90% of its U.S. locations. Launched in February 2022, the platform facilitates anonymous bookings, helping social service agencies provide immediate housing for survivors. Additionally, as of January 10, 2023, more than 6,000 hotels within the Choice portfolio offer safe accommodations, contributing to efforts against domestic violence.
Choice Hotels International (NYSE: CHH) has opened the Cambria Hotel Savannah Downtown Historic District, marking its first property in Georgia. Located in Savannah's National Historic Landmark District, the six-story hotel features 101 rooms and provides easy access to popular attractions and local employers. The hotel boasts modern amenities, including upscale rooms, spa-style bathrooms, and a state-of-the-art fitness center. As of September 30, 2022, Choice Hotels has over 60 Cambria locations in the U.S. and plans for nearly 70 more.
Choice Hotels International (NYSE: CHH) has announced the groundbreaking of a new WoodSpring Suites hotel in Corona, Southern California. This 122-room extended stay property is set to open in late 2023, expanding Choice's footprint in California. The hotel will feature smoke-free rooms with kitchen amenities, a 24-hour fitness center, and complimentary amenities for guests. The development is part of a broader strategy that includes multiple new properties, aiming to meet the rising demand for extended stay accommodations across the U.S.
Choice Hotels International (NYSE: CHH) has appointed Sally Bartas as the new chief talent and culture officer. This position aims to enhance the company's talent management initiatives and HR strategies, including diversity and inclusion programs. Bartas joins from Stanley Black & Decker, where she held senior HR roles. The appointment follows awards for Choice Hotels' culture, including recognition from Forbes as one of the Best Employers for Veterans 2022. As of September 30, 2022, Choice Hotels operates nearly 7,500 hotels worldwide, supporting a robust corporate growth strategy.
The Ascend Hotel Collection, part of Choice Hotels International (NYSE: CHH), expands with the addition of The Windsor Hotel in Americus, Georgia. This historic boutique hotel, originally built in 1892, has undergone a multi-year transformation and is now equipped with luxurious amenities, including a fitness center and on-site dining options. The partnership with Edgewater Group LLC highlights the brand's success in attracting growth-minded franchise owners. Ascend's unique offerings aim to provide authentic guest experiences while enhancing its global portfolio.
Choice Hotels International (CHH) has declared a cash dividend of $0.2375 per share on its common stock. This dividend is set to be paid on January 17, 2023, to stockholders on record as of January 3, 2023. As of September 30, 2022, Choice Hotels operates nearly 7,500 hotels across 46 countries, providing a diverse range of lodging options. This announcement underscores the company's commitment to returning value to its shareholders.
Choice Hotels International (NYSE: CHH) has announced the groundbreaking of the Everhome Suites in Nampa, Idaho, enhancing its extended stay portfolio. This development comes after a successful quarter, with over 50 hotels in the Everhome brand pipeline since its 2020 launch. The four-story, 122-room facility is set to open in late 2023, catering to longer-staying guests with modern amenities. This strategic investment aims to meet rising demand and enhance its presence in key markets, reinforcing Choice's position in the extended stay segment.
Choice Hotels International (NYSE: CHH) has expanded its upscale brand by opening the Cambria Hotel Minneapolis Downtown, the third Cambria location in the Twin Cities. This new 121-room hotel is strategically located in the heart of Minneapolis, close to restaurants, breweries, and attractions like the U.S. Bank Stadium. The hotel offers modern amenities tailored for both leisure and business travelers. With over 60 Cambria hotels in the U.S. and nearly 70 more in development, the brand aims to enhance its presence in key urban centers.
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