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 reports developments across its global lodging franchise business, including brand growth, franchise agreements, hotel openings, revenue management, and performance across extended stay, midscale, upscale, and economy segments. Company updates frequently reference brands and platforms such as Sleep Inn, Ascend Collection, Radisson, Choice Privileges, and franchise-owner tools that support booking, distribution, and hotel operations.
Recurring news also covers technology deployment in hospitality, including AI-enabled solutions such as Choice Hotels Business Direct, EasyBid, CHARLIE, RAISE, AgentCore, and AgentForce. Other updates address international expansion, the Canadian direct franchising model, loyalty and traveler research, annual convention themes, and quarterly operating results for the franchise-driven hotel portfolio.
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.