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Choice Hotels International (CHH) Up 14% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-22 00:36
A month has gone by since the last earnings report for Choice Hotels (CHH) . Shares have added about 14% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Choice Hotels International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Choice Hotels Q4 Earnings Beat Estima ...
Lifestyle Hotel Sleep Inn Unveils Newly Redesigned Guestrooms and Common Areas as Part of its Scenic Dreams Prototype, Developed in Collaboration with Owners and Operators
Prnewswire· 2024-03-20 21:00
"Choice Hotels strives to bring an intentional approach to design and development, ensuring that every new concept not only withstands the test of time but also has the potential to deliver noticeable results to our owners' bottom lines and guest satisfaction scores," said Jason Cowan, senior vice president, signature development, Choice Hotels. "The next generation of Sleep Inn incorporates inviting, wellness-focused elements that cater to the needs and senses of modern travelers. Coupled with its low cost ...
Less than a Month Away from the Total Solar Eclipse, Travelers are Booking Hotels at a Record Rate of 800% Compared to Last Year
Prnewswire· 2024-03-15 03:21
Choice Hotels的优势 - Choice Hotels提供完美的酒店选择,价格合适,地理位置优越,适合任何旅行者的需求[1] - Choice Hotels的酒店位于美国各地,包括沿着日全食路径的酒店,顾客可以在Choice Hotel的酒店预订并观看日全食[2] Choice Hotels的定位 - Choice是自然爱好者和星空观察者的绝佳选择,其酒店大多位于美国的郊区、州际公路旁和小镇地区,方便前往海滩和国家公园[3]
Choice Hotels Ends $7.8 Billion Takeover Bid for Wyndham
Investopedia· 2024-03-12 00:00
Key TakeawaysChoice Hotels on Monday ended its takeover bid for Wyndham Hotels, which had been valued at about $7.8 billion.Choice said it generated positive interest in the deal among Wyndham's shareholders, but overall it felt there was no path to complete the acquisition.Wyndham called Choice's offer "inadequate and uncertain" in its own statement and letter to shareholders.Choice's stock was up more than 4% in late-morning trading Monday, while Wyndham shares were up about 0.9%.Choice said its board has ...
Choice Hotels Provides Update on Exchange Offer and Proposal to Acquire Wyndham Hotels & Resorts
Prnewswire· 2024-03-11 18:30
The Company today issued the following statement: Since beginning this process in April 2023, Choice has attempted to engage in good-faith negotiations with Wyndham through numerous different avenues, including increasing the proposed offer multiple times and expressing an openness to further enhancing the offer with due diligence, offering a one-way NDA to share its confidential information with Wyndham, and offering above-market regulatory protections. Given Wyndham's refusal to constructively and substan ...
Choice Hotels Named One of America's Greatest Workplaces for Women 2024 by Newsweek
Prnewswire· 2024-03-09 02:09
"We are honored to be recognized by Newsweek as one of America's greatest workplaces for women," said Pat Pacious, President and Chief Executive Officer, Choice Hotels International. "Choice Hotels is committed to driving a culture that's equal parts inclusive and performance based. This recognition further demonstrates that Choice is delivering on its commitment to the career advancement and the wellbeing of all our associates." Choice remains dedicated to offering its associates more career and growth opp ...
Everhome Suites Makes its Debut on the East Coast with Opening in Newnan, GA, Continuing the Brand's Growth
Prnewswire· 2024-03-07 22:00
"When Everhome first launched in January 2022, it was the first new midscale extended stay brand to come onto the scene in nearly a decade. We purposefully designed the brand with input from our biggest WoodSpring owners and developers to drive high performance," said Matt McElhare, vice president for extended stay brands at Choice Hotels. "Now, our developers are recognizing the complementary opportunity, pairing Everhome and WoodSpring on a shared site, which enables them to appeal to a wide range of exte ...
Choice Hotels is proud to offer AARP members discounts on over 7,000 Hotels Across 22 Hotel Brands
Prnewswire· 2024-03-06 22:15
"We are delighted to provide AARP's nearly 38 million members with discounts on hotel accommodations," said Abhijit Patel, vice president, revenue management and distribution, Choice Hotels. "Many AARP members are avid travelers who frequently book hotel accommodations, and Choice's portfolio offers members a diverse range of hotels to meet their needs. We are excited to extend our commitment to exceptional experiences and value to the AARP member community." According to AARP Research's 2023 Travel Trends ...
Choice Hotels Urges Wyndham Stockholders to Tender Their Shares Before the March 8th Deadline
Prnewswire· 2024-03-05 19:30
交易要约 - Choice Hotels International, Inc.敦促Wyndham Hotels & Resorts, Inc.的股东在2024年3月8日下午5:00 ET之前将股份投入交换要约[1] - Choice Hotels International, Inc.在过去几个月取得了重大进展,包括提供高于市场水平的监管保护措施,但Wyndham Hotels & Resorts, Inc.仍未对具体交易条款提供任何反馈[2] - Choice Hotels International, Inc.坚信其当前的报价反映了充分的价值,提出的每股90美元的价值远远超过Wyndham Hotels & Resorts, Inc.作为独立业务所能实现的水平[3]
Choice Hotels Kicks Off 9th Annual "Mastery" Tech Innovation Summit, Operating at the Intersection of Hospitality, Franchising and Technology
Prnewswire· 2024-03-05 01:10
技术创新 - Choice Hotels International, Inc. 举办了 "Mastery 2024" 技术创新峰会,旨在推动公司技术团队的创新和学习[1] - Choice Hotels International, Inc. 的技术团队在 make-a-thon 活动中利用先进技术开发新软件产品,以提高公司和酒店业主的价值和盈利能力[1] 技术投资 - Choice Hotels International, Inc. 的长期技术投资为酒店业主提供了优势,公司已将整个系统基础设施迁移到 AWS 云端,并推出了多项行业首创的面向业主的技术产品[3]