Choice Hotels (CHH) Stock Down 7% in 3 Months: Can It Revive?
CHHChoice Hotels(CHH) Zacks Investment Research·2024-01-15 22:46

Shares of Choice Hotels International, Inc. (CHH) have declined 7% in the past three months against the industry’s and S&P 500’s growth of 14.4% and 9.1%, respectively. The decline can be primarily attributed to a volatile macroeconomic environment.The company believes that if inflation rates rise moderately, it will likely lead to comparable or even higher increases in hotel room rates. CHH is monitoring future inflation trends and assessing any potential impacts.The Zacks Rank #3 (Hold) company’s earnings ...