Choice Hotels (CHH) Q2 Earnings & Revenues Lag, Up Y/Y
Choice Hotels(CHH) ZACKS·2024-08-10 01:35
Choice Hotels International, Inc. (CHH) delivered lower-than-expected second-quarter 2024 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate. However, both metrics increased on a year-over-year basis. The quarter's performance was backed by strong demand trends across the company's diversified portfolio of brands. This uptrend in demand aided in accelerating global hotel openings, expanding international market reach and increasing the size of its rewards program. Moreover, CH ...