Welcome to our dedicated page for Choice Hotels Intnl. news (Ticker: $CHH), a resource for investors and traders seeking the latest updates and insights on Choice Hotels Intnl. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Choice Hotels Intnl.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Choice Hotels Intnl.'s position in the market.
Rhea-AI Summary
Choice Hotels International, Inc. (CHH) introduces the Scenic Dreams prototype for Sleep Inn, a low-cost midscale hotel design that enhances guest experience and maintains operational efficiency. The prototype features nature-inspired interiors, efficient room layouts, and sustainability initiatives, catering to modern travelers' needs.
Rhea-AI Impact
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End-of-Day
0.89%
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Choice Hotels International, Inc. (CHH) is offering a spring promotion where guests can stay twice and get a free night to witness the total solar eclipse happening on April 8. Over 400 hotels are in the eclipse's path, with bookings up by 800% compared to last year. Choice offers a diverse portfolio of 22 hotel brands, including Cambria, Comfort, Clarion, and more, catering to travelers wanting to experience the eclipse. Choice Privileges members can earn points and redeem rewards by booking directly at ChoiceHotels.com.
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Rhea-AI Sentiment
End-of-Day
0.83%
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Wyndham Hotels & Resorts (WH) responds to Choice Hotels International, Inc.'s (CHH) withdrawal of exchange offer and nominees for the Board of Directors. The company expresses confidence in its standalone strategy and growth prospects.
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Rhea-AI Sentiment
End-of-Day
5.57%
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Rhea-AI Summary
Choice Hotels International, Inc. (CHH) announced the expiration of the exchange offer to acquire Wyndham Hotels & Resorts, Inc. (WH) shares, along with the withdrawal of independent director candidates for Wyndham's 2024 Annual Meeting. The company also increased its share repurchase authorization by five million shares, totaling approximately 6.8 million shares. Despite unsuccessful negotiations with Wyndham, Choice remains focused on its standalone strategy to create long-term value for stockholders and franchisees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.57%
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Wyndham Hotels & Resorts urges shareholders to support only its highly-qualified director nominees to protect their investment and future. The company highlights the inadequacies of Choice Hotels International's offer and emphasizes the expertise of its nominees in overseeing Wyndham's global strategy.
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Rhea-AI Sentiment
End-of-Day
5.57%
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Choice Hotels International, Inc. (CHH) has been recognized as one of America's Greatest Workplaces for Women 2024 by Newsweek. The company's commitment to diversity and wellness led to this prestigious recognition. Choice offers career growth opportunities, including the Women's Business Alliance and Women's Leadership Program, empowering women in leadership positions. Choice has also received various other employer accolades, showcasing its dedication to creating an inclusive and supportive work environment.
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Rhea-AI Sentiment
End-of-Day
0.03%
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Choice Hotels International, Inc. (CHH) announces the opening of Everhome Suites in Newnan, Georgia, marking the midscale extended stay brand's debut on the East Coast. The dual-site property alongside WoodSpring Suites aims to attract a wide range of extended stay guests. Everhome Suites has 66 properties in its pipeline, with plans for six shared site projects across the country. The demand for purpose-built extended stay products exceeds supply, positioning Everhome well in the hospitality industry. Turnstone Group, the owner of both hotels, is bullish on the performance and looks forward to adding more of Choice's extended stay brands to their portfolio.
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Rhea-AI Sentiment
End-of-Day
0.85%
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Choice Hotels International, Inc. (CHH) partners with AARP to offer discounts on hotel stays at various Choice Hotels properties, including Cambria Hotels®, Comfort®, Radisson®, Country Inn & Suites® by Radisson. AARP members will receive a 10% discount on their stays at all participating locations, catering to their travel preferences in popular destinations like Florida, California, Las Vegas, Texas, Arizona, and New York.
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Rhea-AI Sentiment
End-of-Day
4.59%
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Choice Hotels International, Inc. urges Wyndham Hotels & Resorts, Inc. stockholders to tender their shares into the exchange offer to engage constructively. Choice intends to either extend or terminate the offer based on participation, aiming to nominate independent directors for Wyndham's board. Despite offering a value of $90 per share, Wyndham has not provided specific feedback on transaction terms. Choice emphasizes the benefits of a merger, regulatory approvals, and the need for Wyndham stockholders to send a message to the board.
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Rhea-AI Sentiment
End-of-Day
4.66%
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Choice Hotels International, Inc. (CHH) hosts Mastery 2024, a tech innovation summit where 500 technologists gather for trainings and workshops, culminating in a make-a-thon to develop cutting-edge hospitality solutions. Previous projects included AI tools reducing daily tickets significantly. Choice's commitment to technology and innovation includes cloud migration to AWS and industry-first owner-facing technologies.
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Rhea-AI Sentiment
End-of-Day
-0.21%
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Choice Hotels Intnl.
NYSE:CHH
CHH Rankings
CHH Stock Data
6.07B
36.51M
37.5%
67.68%
10.64%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
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.