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Discover Hidden Gems: Choice Hotels Associates Recommend Top Summer Hotels and Destinations
Prnewswire· 2024-05-22 00:23
"Choice is uniquely positioned for guests taking road trips this summer with 4,000 of our hotels located within one mile of a highway entrance and more than 2,000 located near popular destinations, including beaches and national parks," said Noha Abdalla, Chief Marketing Officer, Choice Hotels. "From scenic escapes and family getaways to cultural gems and romantic weekends, Choice has 'A Stay for Any You' across 22 brands for travelers looking to make memories this summer, all bookable on ChoiceHotels.com." ...
Choice Hotels (CHH) Boosts Presence in Nampa With New Hotel
Zacks Investment Research· 2024-05-14 22:11
Choice Hotels International, Inc. (CHH) recently announced the opening of Everhome Suites in Nampa, Idaho. This marks the brand's third hotel opening.Developed in collaboration with Highside Companies, Everhome Nampa marks the first of eight planned properties. The four-story, 122-room hotel offers amenities such as fully-equipped kitchens, spa-style bathrooms, pet-friendly accommodations and contemporary lobby and outdoor spaces. The Nampa Hotel showcases the brand's Closer to Home design package, incorpor ...
Everhome Suites Debuts First Hotel Reflecting Brand Standard Prototype in Nampa, Idaho to Meet Growing Demand in Market
Prnewswire· 2024-05-13 21:01
"With over 60 Everhome Suites in various stages of development and an extended stay pipeline of more than 400 properties across four brands, Choice is continuing its leadership and growth in extended stay," said Matt McElhare, vice president and extended stay segment lead. "We're excited to officially mark the opening of the third Everhome Suites and look forwarding to demonstrating the brand's performance as a first mover in lower midscale." Standard design elements include locally inspired artwork through ...
Choice Hotels (CHH) Q1 Earnings Top, Revenues Miss, Stock Down
Zacks Investment Research· 2024-05-10 01:21
文章核心观点 - 公司在第一季度业绩表现参差不齐,收入低于预期但利润超预期 [1][3][4] - 公司受益于收购Radisson Americas带来的协同效应,但受到复活节时间变化和同比基数较高的影响 [2][5] - 公司调低了2024年全年业绩指引,但仍保持乐观态度 [9][10] 财务数据总结 - 收入为3.319亿美元,同比下降0.3% [4] - 调整后每股收益为1.28美元,超出预期11.3% [3] - 调整后EBITDA为1.243亿美元,高于预期 [7] - 现金和现金等价物为4.21亿美元,较年末增加 [8] - 长期债务为12亿美元,较年末有所增加 [8] 运营数据总结 - 特许经营和版税收入同比下降2%至1.055亿美元 [5] - 国内可用客房收入(RevPAR)同比下降590个基点,但与2019年同期相比仍增长8.2% [5] - 有效特许经营费率同比上升4个基点至5.03% [5] - 总运营费用同比增长7% [6] 2024年展望 - 调整后净利润预期为3.06-3.2亿美元,调整后EBITDA预期为5.8-6亿美元 [9] - 调整后每股收益预期为6.30-6.60美元 [9] - 国内RevPAR预计持平至增长2%,有效特许经营费率预计中个位数增长 [10]
Choice Hotels International Concludes 68th Annual Convention, One of its Largest Ever
Prnewswire· 2024-05-09 21:00
"This year's convention was about celebrating the new level of success that Choice and its franchisees have achieved together," said Choice Hotels President and CEO Patrick Pacious. "I've never been more optimistic about our shared future. With our brands well positioned to capture even more of the growing travel demand, we have a tremendous opportunity in front of us." During the event, Choice awarded and celebrated the top-performing hotels through Choice's Premier Awards and the Best of Choice Awards, th ...
Choice Hotels(CHH) - 2024 Q1 - Earnings Call Transcript
2024-05-09 02:30
Choice Hotels International, Inc. (NYSE:CHH) Q1 2024 Results Conference Call May 8, 2024 10:00 AM ET Company Participants Allie Summers - Senior Director and Investor Relations Patrick Pacious - President, CEO & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America Michael Bellisario - Baird Stephen Grambling - Morgan Stanley David Katz - Jefferies Robin Farley - UBS Joe Greff - JPMorgan Charles Patrick Scholes - Truist Securities Alex Brignall - Redbu ...
Choice Hotels(CHH) - 2024 Q1 - Quarterly Report
2024-05-09 01:56
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 001-13393 _____________________________________________ CHOICE HOTELS ...
Compared to Estimates, Choice Hotels (CHH) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-08 22:36
Choice Hotels (CHH) reported $331.95 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of $1.28 for the same period compares to $1.12 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $345.02 million, representing a surprise of -3.79%. The company delivered an EPS surprise of +11.30%, with the consensus EPS estimate being $1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Choice Hotels (CHH) Q1 Earnings Beat Estimates
Zacks Investment Research· 2024-05-08 20:41
Choice Hotels (CHH) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.30%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.35 per share when it actually produced earnings of $1.44, delivering a surprise of 6.67%.Over the last four quarters, the com ...
Choice Hotels(CHH) - 2024 Q1 - Quarterly Results
2024-05-08 20:06
净收入和盈利 - 第一季度2024年净收入为3100万美元,每股摊薄收益为0.62美元[2] - 第一季度2024年调整后净收入为6370万美元,同比增长9%[3] - 第一季度2024年调整后EBITDA增长至1.243亿美元,同比增长17%[4] - 第一季度2024年总收入为3.319亿美元,较2023年同期略有下降[10] - 公司发布2024年全年调整后每股摊薄收益指引为6.30至6.60美元[9] 酒店发展 - 全球房间管道截至2024年3月31日,较2023年底增长10%,达到超过11.5万间客房[5] - Ascend Hotel Collection的酒店数量和客房数量分别为202家和22,833间,较去年同期减少了8家酒店和719间客房[46] - Cambria Hotels的酒店数量和客房数量分别为73家和10,094间,较去年同期增加了7家酒店和1,094间客房,增幅分别为10.6%和12.2%[46] - WoodSpring的酒店数量和客房数量分别为240家和28,960间,较去年同期增加了26家酒店和3,126间客房,增幅均为12.1%[46] 股票回购和授权股份 - 公司截至2024年4月30日通过回购计划回购了1.966亿美元的普通股[7] - 公司在2024年3月增加了500万股授权股份回购计划[7] 财务展望 - 公司2024年全年展望中,预计国内RevPAR增长为平稳至2%[21] - 公司预计2024年全年的EBITDA范围为481,500千美元至501,500千美元[48] - 公司预计2024年全年的调整后EBITDA范围为580,000千美元至600,000千美元[48] 财务术语解释 - EBITDA反映了净收入,不包括利息费用、利息收入、所得税准备金、折旧和摊销、减值和出售企业和资产的收益、其他(收益)和损失、未合并联营公司的净收入(损失)和债务摊销收益[31] - 调整后的EBITDA排除了非合格退休计划投资的市场调整、股权补偿费用(收益)和来自特许和管理物业可退还收入的盈余或赤字[31] - 调整后的净收入和调整后的每股收益排除了来自特许和管理物业可退还收入的盈余或赤字和债务摊销收益[34]