Welcome to our dedicated page for Choice Hotels International news (Ticker: $CHH), a resource for investors and traders seeking the latest updates and insights on Choice Hotels International 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 International'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 International's position in the market.
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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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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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0.85%
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News
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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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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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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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-0.21%
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Choice Hotels International, Inc. (CHH) awards $75,000 grants to over a dozen non-profits nationwide through Your Community, Your Choice program. The grants support various causes, from veteran support to youth programs and homeless services, showcasing Choice's commitment to community service and empowering hotel owners and operators.
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-1.88%
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Choice Hotels International, Inc. (CHH) declares a cash dividend of $0.2875 per share on its common stock, payable on April 17, 2024, to shareholders of record on April 2, 2024.
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0.94%
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Choice Hotels International, Inc. (CHH) reported record revenues in 2023, exceeding full-year outlook for unit growth. Total revenues grew 10% to $1.5 billion, with net income of $258.5 million. Adjusted EBITDA reached $540.5 million, a 13% increase. Domestic upscale, extended stay, and midscale brands saw accelerated growth. Global rooms pipeline grew by 6%, including a 16% increase for conversion hotels. Full-year 2024 guidance includes net income of $260-$274 million and adjusted EBITDA of $580-$600 million.
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End-of-Day
-2.8%
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Toast technology partners with Choice Hotels International to implement Toast for Hotel Restaurants technology as a brand standard for Cambria Hotels and Radisson, aiming to digitalize the guest experience and streamline food and beverage operations. The collaboration is set to accelerate growth in food and beverage programs, integrate with property management systems, and improve guest satisfaction. It includes the implementation of Toast Go® 2 handhelds, Mobile Order & Pay, Toast Online Ordering, Kiosks, Kitchen Display Systems, and Toast Payments. This collaboration aims to enhance the dining experience for guests and hotel staff, increasing lobby marketplace sales and empowering operators to drive food and beverage sales.
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Rhea-AI Sentiment
End-of-Day
0.64%
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Choice Hotels International (CHH) partners with Tesla to offer Tesla Universal Wall Connectors to participating Radisson, Cambria, Comfort, Country Inn & Suites, Quality Inn, and other Choice-branded hotels across the U.S. to meet the growing demand for electric vehicle (EV) charging. This collaboration aims to eliminate one of the biggest pain points for EV drivers traveling for business or leisure. Choice Hotels is uniquely positioned to address the growing consumer demand for EV charging, with 41% of Cambria hotels currently offering EV charging, and all expected to be outfitted with at least one charging station by the end of 2024.
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Rhea-AI Sentiment
End-of-Day
0.58%
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Choice Hotels International, Inc.
NYSE:CHH
CHH Rankings
CHH Stock Data
5.70B
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.