Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Choice Hotels ( (CHH) ) has provided an update.
Choice Hotels International reported a strong financial performance for the fourth quarter and full-year 2024, surpassing earnings guidance. The company’s net income increased by 16% to $299.7 million, and its global net rooms system size grew by 3.3%. Key achievements included a strategic partnership with Westgate Resorts, the opening of 407 hotels globally, and a significant expansion of both domestic and international portfolios. Additionally, Choice Hotels enhanced its rewards program, increased revenue per available room (RevPAR), and executed a substantial share repurchase program, reflecting a robust growth strategy and positive outlook for 2025.
More about Choice Hotels
Choice Hotels International, Inc. is a leading global lodging franchisor with a focus on upscale, extended stay, and midscale segments. The company operates a diverse portfolio of hotels and provides lodging options ranging from economy to luxury accommodations, catering to a wide range of travelers worldwide.
YTD Price Performance: 4.23%
Average Trading Volume: 298,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7B
Learn more about CHH stock on TipRanks’ Stock Analysis page.
