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. (NYSE: CHH) is described by the company as one of the largest lodging franchisors in the world, with a portfolio of more than 7,500 hotels and nearly 650,000 rooms across 46–47 countries and territories. The CHH news feed on Stock Titan surfaces company announcements and third-party coverage related to its franchising operations, brand portfolio, and financial performance.
News about Choice Hotels frequently covers earnings releases and outlook, including quarterly results, revenue trends, net room growth, and guidance updates. The company regularly issues press releases and files Form 8-K reports to discuss results of operations and financial condition, as well as to share supplemental investor materials.
Another major news theme is international and segment expansion. Recent announcements describe the addition of 50 Quality Suites hotels in France, the launch of MainStay Suites in Australia, entry into the African market with three hotels in Kenya, and growth in Canada through a direct franchising model. These stories highlight Choice’s focus on upscale, extended stay, and midscale segments and its goal of expanding its global footprint.
Investors and observers will also see updates on the Choice Privileges rewards program, including enhancements to tiers, milestone rewards, and redemption options, as well as community initiatives such as the “Your Community, Your Choice” grant program that supports local nonprofits nominated by franchisees. Governance and executive-related news, such as changes to severance and non-competition agreements disclosed via Form 8-K, also appear in the news flow.
By following the CHH news page, readers can track how Choice Hotels communicates its strategy in franchising, loyalty, international growth, and community engagement, alongside its regular financial reporting and shareholder return announcements.
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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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Choice Hotels International (NYSE: CHH) has signed an agreement with Noble Investment Group to develop nine new WoodSpring Suites hotels in Georgia and South Carolina within the next two years. This expansion signals increased institutional interest in the economy extended-stay segment, where Choice Hotels is a leader. WoodSpring Suites offers fully equipped suites designed for longer stays, including kitchens and laundry facilities. As of September 30, 2022, Choice Hotels has over 200 open WoodSpring locations and 205 more in the pipeline, positioning itself for further growth in the hospitality market.