If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Choice Hotels (CHH) . This company, which is in the Zacks Hotels and Motels industry, shows potential for another earnings beat.When looking at the last two reports, this hotel franchiser has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.99%, on average, in the last two quarte ...

NORTH BETHESDA, Md., July 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, has been named one of "America's Best Mid-Size Companies 2024" by TIME and Statista. The list recognizes U.S. companies that generate from $100 million to $10 billion in revenue and identifies companies based on employee satisfaction, revenue growth, and sustainability transparency. "At Choice Hotels, what unites our owners, our associates, and our guests is the s ...

NORTH BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report its second quarter 2024 earnings results at approximately 6:30 a.m. EDT on Thursday, August 8, 2024. The company will also hold a conference call at 10 a.m. EDT, during which Patrick Pacious, president and chief executive officer, and Scott Oaksmith, chief financial officer, Choice Hotels, will discuss the company's performance.Choice Hotels Internatio ...

NORTH BETHESDA, Md., June 25, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company") today announced the pricing of senior notes in an aggregate principal amount of $600.0 million, in an underwritten, registered public offering.The notes will mature on August 1, 2034, will bear interest at a rate of 5.850%, and will be issued at 98.929% of par value. The notes will be unsecured, unsubordinated obligations of the Company.The Company intends to use the net proceeds from the offerin ...

Choice Hotels International, Inc. (CHH) continues to expand its extended stay brand, Everhome Suites. The company unveiled a new Everhome Suites in Lexington, KY. CHH now has more than 60 Everhome Suites in development, with 20 currently under construction. This move strengthens the company's leadership in the extended stay market.Moreover, it has over 10 Everhome Suites expected to open within the next year. In the extended stay category, the company has more than 400 properties in the pipeline across its ...

"At Choice Hotels, we were pioneers in the extended stay hotel category, and our first-mover advantage has been solidified by the performance track record of our extended stay brands," said Matt McElhare, vice president and lead for extended stay brands, Choice Hotels. "Our deep expertise and comprehensive understanding of extended stay have positioned us to help our franchisees successfully launch and expand the Everhome Suites brand across key markets including Lexington, Kentucky. With a dedicated team o ...

Thomas Barwick Elevator Pitch My rating for Choice Hotels International, Inc. (NYSE:CHH) stock is a Buy. I drew attention to Choice Hotels' corporate developments in my prior March 20, 2024 article. The current write-up focuses on the takeaways from CHH's annual shareholders' meeting and travel surveys. The latest travel surveys point to favorable near-term prospects for Choice Hotels. On the other hand, CHH's disclosures at the recent shareholders' meeting indicate that the company boasts key growth en ...

Choice Hotels International, Inc. (CHH) will expand the footprint of one of its extended stay brands, Everhome Suites, with three new properties across the Northeast markets of the United States.Developed in partnership with Highside Companies, the new extended stay properties will be located in Portsmouth, NH; Rochester, NY; and Somerset, NJ. The properties are named Everhome Suites Portsmouth, Everhome Suites Rochester and Everhome Suites Somerset, and are expected to open for service in the summer, sprin ...

"With three new properties breaking ground in key high-barrier-to-entry Northeast markets, Choice is continuing its leadership and growth in extended stay," said Matt McElhare, vice president and lead for Extended Stay Brands, Choice Hotels. "With four Everhome Suites open, over 60 in development, 20 under construction, and more than 10 expected to open within the next year, Choice has first mover advantage with a proven track record of success. Our leadership is made possible by Choice's dedicated team of ...

Choice Hotels International, Inc. (CHH) is likely to benefit from its unit growth strategy, hotel conversions and franchise business. Also, synergies through the Radisson Hotels Americas integration bode well. However, uncertain macroeconomic environments are a concern. Let us discuss the factors that highlight why investors should retain the stock for now. Growth Catalysts The company's distinct unit growth strategy continues to yield positive results, enhancing the attractiveness of its brands. By focusin ...