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.
Cambria Hotels, a brand under Choice Hotels International (NYSE: CHH), expanded significantly in 2021, opening eight new hotels while breaking ground on six more. Key locations include Calabasas, Fort Lauderdale, and Nashville. Despite a challenging environment, the brand's growth reflects strong performance and access to financing. Cambria offers upscale amenities designed for modern travelers, with nearly 60 hotels currently open and over 70 in development across the U.S.
Choice Hotels International (NYSE: CHH) has announced the launch of its Fuel Up For Winter Fun promotion through March 12, 2022. Members of the Choice Privileges loyalty program can earn a $50 gas gift card by completing two qualifying stays at participating hotels. Jamie Russo, VP of loyalty programs, emphasized the promotion aims to assist travelers in planning their winter getaways. Participants must register and book through Choice channels. The loyalty program has received accolades, highlighting its appeal to both business and leisure travelers.
Choice Hotels International (NYSE: CHH) is set to announce its 2021 fourth quarter and full-year earnings on February 16, 2022, before market opening. A conference call will follow at 11:30 a.m. Eastern Time, featuring insights from CEO Patrick Pacious and CFO Dominic Dragisich on the company's performance. Investors can dial in or listen via a live webcast on the investor relations website. The call will be available for replay after 3 p.m. Eastern Time on the same day. Choice Hotels operates over 7,100 hotels across nearly 40 countries.
Choice Hotels International, Inc. (NYSE: CHH) announces the opening of the Cambria Hotel Calabasas in California, marking its fifth property in the state. This upscale hotel features 125 rooms and is strategically located near corporate headquarters and major attractions. The hotel offers modern amenities, including multi-purpose spaces, spa-style bathrooms, and various dining options. With nearly 60 Cambria hotels currently open and over 70 more planned, Choice Hotels continues its expansion strategy, enhancing its presence across major U.S. markets.
Choice Hotels (NYSE: CHH) has commenced construction on the Cambria Hotel Niagara Falls, marking its fourth hotel to break ground in Q4 2021. This 120-room hotel, expected to open in Spring 2023, is strategically located near Niagara Falls State Park, attracting over eight million visitors annually. The hotel will feature upscale amenities and is positioned to enhance the brand's presence in major tourist destinations. With nearly 60 Cambria hotels currently open and over 70 in development across the U.S., Cambria Hotels continues its expansion efforts.
Choice Hotels International (NYSE: CHH) and Concord Hospitality Enterprises are launching a six-month hospitality management accelerator program for HBCU graduates. This initiative aims to enhance diversity within the hospitality sector by providing training at Cambria Hotels. Two Morgan State alumni will be the first participants. Additionally, Choice Hotels is engaged in the HBCU Partnership Challenge to support career opportunities for students. The program reflects the company's commitment to diversity, equity, and inclusion, along with ongoing efforts to build a diverse talent pipeline in the hospitality industry.
Choice Hotels International (NYSE: CHH) has expanded its upscale brand, Cambria Hotels, with the opening of the Cambria Hotel Louisville Downtown-Whiskey Row. This five-story hotel features 128 rooms and is strategically located near major attractions, including the KFC Yum Center and Waterfront Park. This hotel is the second Cambria location to debut in December 2021, following the opening of the Cambria Hotel Nashville Airport. The hotel offers upscale amenities including multi-purpose spaces, locally inspired design, a restaurant, and a state-of-the-art fitness center. Nearly 60 Cambria hotels are currently operational, with over 70 more in the pipeline.
Choice Hotels International (NYSE: CHH) announced a 6% increase in its quarterly cash dividend from $0.225 to $0.2375 per share. The new dividend will be payable on January 18, 2022, to shareholders recorded on January 4, 2022. This decision leads to an annual dividend rate of $0.95, reflecting the company's commitment to returning value to shareholders amidst strong operational performance.
Choice Hotels International, Inc. (NYSE: CHH) announces the opening of the Cambria Hotel Nashville Airport, marking its second location in Nashville. This 130-room hotel offers amenities like a pool shaped like a guitar, a full bar featuring local beverages, and extensive meeting spaces. Strategically located near Nashville International Airport and major corporate offices, the hotel aims to cater to both business and leisure travelers. Additionally, the brand plans further expansion in Tennessee with upcoming properties in Gatlinburg and Pigeon Forge.
Choice Hotels International (NYSE: CHH) announces a holiday promotion for its Choice Privileges loyalty program. From now until December 31, members earn double loyalty points at participating hotels, redeemable for free nights and other rewards. An exclusive Cyber Monday offer provides a 20% discount for guests booking two-night stays for travel between December 6 and December 26. Choice Privileges has over 50 million members, highlighting its success in customer engagement. The company continues its commitment to cleanliness throughout its hotels.