CHH

Marriott International (MAR) and Hilton Worldwide's (HLT) second-quarter revenue per available room

NORTH BETHESDA, Md., July 1, 2026 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), a leading global lodging franchisor, today announced that it will report second quarter 2026 earnings results on Wednesday, August 5, 2026, at approximately 6:30 a.m. ET. The Company will host a conference call on Wednesday, August 5, 2026, at 10:00 a.m. ET. Dom Dragisich, Interim Chief Executive Officer, and Scott Oaksmith, Chief Financial Officer, Choice Hotels, will review the Company's performance and lead a question-and-answer session. Participants may access the live webcast through the Company's Investor Relations website at www.investor.choicehotels.com/events-and-presentations. Participants may also dial (833) 461-5787 (U.S.) or (585) 542-9983 (international) and reference conference ID 558894687. A replay and transcript of the webcast will be available on the Company's Investor Relations website within 24 hours following the conclusion of the call. Participants are encouraged to dial into the call or access the webcast at least 15 minutes prior to the scheduled start time. About Choice Hotels®Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world, with over 7,500 hotels, representing more than 650,000 rooms, in 51 countries and territories. A wide-ranging portfolio of 22 brands that includes full-service upper upscale, midscale, extended stay, and economy properties enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com. Choice Hotels:Allie Summers, Senior Director, Investor RelationsEmail: [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/choice-hotels-international-to-report-second-quarter-2026-earnings-on-august-5-2026-302815840.html

Over the past six months, Choice Hotels has been a great trade, beating the S&P 500 by 9.7%. Its stock price has climbed to $111.19, representing a healthy 15.9% increase. This run-up might have investors contemplating their next move. Is there a buying opportunity in Choice Hotels, or does it present a risk to your portfolio? See what our analysts have to say in our full research report, it’s free. We’re happy investors have made money, but we’re swiping left on Choice Hotels for now. Here are three reasons you should be careful with CHH, plus one stock we’d rather own. We can better understand Consumer Discretionary - Travel and Vacation Providers companies by analyzing their RevPAR, or revenue per available room. This metric accounts for daily rates and occupancy levels, painting a holistic picture of Choice Hotels’s demand characteristics. Over the last two years, Choice Hotels failed to grow its RevPAR, which came in at $47.45 in the latest quarter. This performance was underwhelming and implies there may be increasing competition or market saturation. It also suggests Choice Hotels might have to invest in new amenities such as restaurants and bars to attract customers - this isn’t ideal because expansions can complicate operations and be quite expensive (i.e., renovations and increased overhead). Free cash flow isn’t a prominently featured metric in company financials and earnings releases, but we think it’s telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. Choice Hotels has shown poor cash profitability relative to peers over the last two years, giving the company fewer opportunities to return capital to shareholders. Its free cash flow margin averaged 8.8%, below what we’d expect for a consumer discretionary business. A company’s ROIC, or return on invested capital, shows how much operating profit it makes compared to the money it has raised (debt and equity). Unfortunately, Choice Hotels’s ROIC has decreased significantly over the last few years. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. Choice Hotels doesn’t pass our quality test. With its shares beating the market recently, the stock trades at 15.4× forward P/E (or $111.19 per share). While this valuation is reasonable, we don’t see a big opportunity at the...

Voss Capital established a new position in Choice Hotels International (NYSE:CHH) during the first quarter, acquiring 967,500 shares in a transaction estimated at $100.61 million based on average quarterly pricing, according to a May 15, 2026, SEC filing. According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Voss Capital initiated a new position in Choice Hotels International, acquiring 967,500 shares. The estimated value of the purchase was $100.61 million, based on the average price during the first quarter of 2026. The quarter-end value of the position was $100.14 million, reflecting both the purchase and subsequent share price movement. This was a new position for Voss Capital, LP; the stake comprised 5.31% of the fund’s reportable U.S. equity assets at quarter’s end. Top holdings after the filing: As of May 14, 2026, Choice Hotels shares were priced at $105.72, down 15% over the prior year; the stock underperformed the S&P 500 by roughly 40 percentage points over that period. Choice Hotels International franchises lodging properties under brands such as Comfort Inn, Quality, Clarion, Sleep Inn, Econo Lodge, and Cambria Hotels, and provides cloud-based property management software. The firm operates a hotel franchising business model, generating revenue primarily from franchise fees, royalties, and technology services to hotel owners. It serves hotel owners and operators worldwide, targeting both leisure and business travelers. Choice Hotels International is a leading global hotel franchisor with a diverse portfolio of well-known brands. The company leverages its scale, technology solutions, and brand recognition to attract hotel owners and deliver value to both franchisees and guests. Its asset-light model and recurring revenue streams support consistent profitability and competitive positioning within the lodging industry. Voss Capital stepped into Choice Hotels after a difficult year for the stock, but the company's latest results suggest several key growth indicators are moving in the right direction.The most encouraging numbers were found in development. Global franchise agreements awarded surged 72% year over year, while U.S. hotel openings reached a five-year high, and global net rooms increased 1.7%. Choice's pipeline also expanded to more than 77,700 rooms, with 97% concentrated in higher-value extended stay, midscal...

Board Approves Dividend of $0.2875 Per Share on the Company's Common Stock NORTH BETHESDA, Md., May 20, 2026 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), a leading global lodging franchisor with a capital-light, franchise-driven model, announced that its board of directors has declared a cash dividend of $0.2875 per share on the company's common stock. The dividend is payable on July 15, 2026, to shareholders of record on July 1, 2026. About Choice Hotels®Choice Hotels International, Inc. (NYSE: CHH), is one of the largest lodging franchisors in the world, with over 7,500 hotels, representing more than 650,000 rooms, in 51 countries and territories. A wide-ranging portfolio of 22 brands that includes full-service upper upscale, midscale, extended stay, and economy properties enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com. Forward-Looking StatementsCertain matters discussed in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology, such as "expect," "estimate," "believe," "anticipate," "should," "will," "forecast," "plan," "project," "assume," or similar words of futurity. All statements other than historical facts are forward-looking statements. These forward-looking statements are based on management's current beliefs, assumptions, and expectations regarding future events, which, in turn, are based on information currently available to management. Such statements may relate to projections of the company's revenue, expenses, EBITDA, adjusted EBITDA, earnings, debt levels, ability to repay outstanding indebtedness, payment of dividends, repurchases of common stock and other financial and operational measures, including the company's occupancy and open hotels, RevPAR, and liquidity, among other matters. We caution you not to place undue reliance on any such forward-looking statements. Forward-looking statements do not guarant...

Last week's profit announcement from Choice Hotels International, Inc. (NYSE:CHH) was underwhelming for investors, despite headline numbers being robust. Our analysis uncovered some concerning factors that we believe the market might be paying attention to. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To properly understand Choice Hotels International's profit results, we need to consider the US$95m gain attributed to unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's as you'd expect, given these boosts are described as 'unusual'. If Choice Hotels International doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Choice Hotels International's statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that Choice Hotels International's statutory profits are better than its underlying earnings power. But at least holders can take some solace from the 27% per annum growth in EPS for the last three. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Case in point: We've spotted 2 warning signs for Choice Hotels International you should be mindful of and 1 of them can't be ignored. Today we've zoomed in on a single data point to better understand the nature of Choice Hotels International's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While...

Choice Hotels International, Inc. reported first-quarter 2026 results on April 30, 2026, with revenue rising to US$340.58 million from US$332.86 million a year earlier, while net income declined to US$20.3 million and diluted earnings per share from continuing operations fell to US$0.44. Despite lower earnings, the company maintained its full-year 2026 net income guidance of US$265 million to US$275 million and diluted EPS outlook of US$5.72 to US$5.94, underscoring management’s confidence in its asset-light growth, franchise expansion, and technology investment plans. Next, we’ll examine how maintaining full-year earnings guidance, despite softer first-quarter profits, influences Choice Hotels International’s existing investment narrative. We've uncovered the 13 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. To own Choice Hotels International, you need to be comfortable with a franchise-heavy, asset-light model that leans on extended stay and midscale brands, plus growing international fees, to support earnings. The latest quarter’s revenue uptick but sharply lower net income does not appear to change the key near term catalyst, which is improving rooms growth and franchisee economics, nor the biggest risk, which remains softer RevPAR from government and international inbound travel. The most relevant recent announcement is management’s decision to hold full year 2026 net income guidance at US$265 million to US$275 million and diluted EPS at US$5.72 to US$5.94. In the context of weaker first quarter profits, this guidance matters because it ties directly to the catalyst of an asset-light model with higher revenue hotels and technology efficiencies, while also testing how resilient that outlook is against ongoing RevPAR and macro pressures. Yet investors should not ignore the risk that ongoing softness in government and inbound demand could pressure RevPAR and fee revenue more than current guidance implies... Read the full narrative on Choice Hotels International (it's free!) Choice Hotels International's narrative projects $1.7 billion revenue and $399.0 million earnings by 2029. Uncover how Choice Hotels International's forecasts yield a $114.13 fair value, a 13% upside to its current price. Before this earnings miss, the most optimistic analysts were penciling in about US$1.9 billion of revenue and US$392.0 mil...

Management identifies an inflection point in underlying trends, transitioning to a more accretive, asset-light model with significantly lower capital intensity. U.S. net rooms growth is improving sequentially, supported by gross openings reaching a five-year high and exits at their lowest level since 2023. Franchisee unit economics are strengthening through a combination of higher revenue delivery and a 25% reduction in prototype costs for key midscale brands. The development model is heavily conversion-led, with 60% of franchise agreements executed in Q1 expected to open within the same calendar year. Strategic focus on higher-revenue segments is yielding results, with 97% of the global pipeline in brands expected to be 1.7 times more accretive than the current portfolio. International scaling serves as a secondary growth engine, particularly in Canada where a shift to a direct franchise model drove 30% net rooms growth. Technology is cited as a core differentiator, utilizing a cloud-based infrastructure to deploy AI tools that have improved group RFP response times by 30%. Full-year 2026 guidance is maintained as the company moves past prior-year hurricane-related comparisons, though management remains cautious and measured due to the broader macroeconomic environment. Management expects U.S. net rooms growth to return to positive territory in 2026, supported by a 17% year-over-year increase in the conversion pipeline. Capital intensity is projected to decline materially, with net capital outlays for 2026 expected to be approximately 70% lower than 2025 levels. The company intends to accelerate capital recycling as hotel transaction markets improve, selling assets while retaining long-term franchise agreements. Free cash flow conversion is targeted to reach 60% to 65% over the next several years as the peak investment phase for Cambria and Everhome concludes. Q1 RevPAR was significantly impacted by a 410 basis point headwind from lapping hurricane-related demand in the prior year. Adjusted EBITDA and EPS declines in Q1 were attributed to the timing of SG&A costs and a temporary adjustment to the effective income tax rate. Equity losses in affiliates increased due to the timing of ramping new Everhome properties, which management expects to turn profitable as they stabilize. The company flagged 'unknown unknowns' such as government shutdowns or macro volati...

Choice’s asset‑light, conversion‑led strategy is driving a pickup in rooms growth: gross openings rose ~32–37% YoY, conversions are expected to account for >80% of full‑year openings, U.S. net exits fell to their lowest level since 2023, and the pipeline expanded sequentially. Underlying demand and RevPAR trends are improving once hurricane‑impacted comps are excluded — U.S. RevPAR was up ~1.8% YoY and turned positive in February and March — but management kept guidance unchanged, citing macro uncertainty and limited booking visibility. Q1 results showed adjusted EBITDA of $126M and adjusted EPS of $1.07 while the company maintained full‑year targets (adjusted EBITDA of $632–$647M and adjusted EPS of $6.92–$7.14), noted sharply lower capital intensity, and outlined $175–$225M of planned share repurchases for 2026. Interested in Choice Hotels International, Inc.? Here are five stocks we like better. The Most Shorted Stocks in June: Hold, Short, or Squeeze? Choice Hotels International (NYSE:CHH) executives said first-quarter 2026 results were in line with internal expectations and pointed to what they described as an “inflection point” in underlying trends toward improving rooms growth, better RevPAR, and lower capital intensity as the company moves beyond a period of higher investment in select brands. President and CEO Patrick Pacious told investors the company’s asset-light strategy centers on strengthening franchisee economics to drive demand and rooms growth, which then supports “higher quality earnings and free cash flow.” Pacious said the company is seeing evidence of that model translating into results, citing sequential improvement in U.S. net rooms growth, improving unit economics, and a material decline in capital intensity. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Hilton Demonstrates Asset Light is Right for Investors Pacious said U.S. net rooms growth is improving sequentially, with gross openings up 32% year-over-year, first-quarter hotel openings at a five-year high, and exits at their lowest level since 2023. He also said the U.S. pipeline expanded sequentially, while the company’s international portfolio “continues to scale as an additional growth engine.” Chief Financial Officer Scott Oaksmith reported that global rooms grew 1.7% year-over-year in the quarter, led by 2.5% growth in higher revenue segments. Oaksmith said room...

Image source: The Motley Fool. Thursday, April 30, 2026 at 11:00 a.m. ET President & Chief Executive Officer — Patrick S. Pacious Chief Financial Officer — Scott E. Oaksmith Need a quote from a Motley Fool analyst? Email [email protected] Patrick S. Pacious: Thank you, Allie, and good morning, everyone. We appreciate you joining us today. We delivered first quarter results in line with our expectations, signaling an inflection point in underlying trends toward rooms growth, RevPAR improvement, and lower capital intensity. The work we have done over the past several years has now positioned us as a more accretive, asset-light growth model with significantly lower capital intensity and stronger unit economics, which is reflected in the continued expansion in our average royalty rate. Taken together, this supports more consistent earnings growth and increasing returns to shareholders. At Choice Hotels International, Inc., our strategy is built on a straightforward, repeatable model. Improving franchisee economics drives demand and rooms growth, which we convert into higher-quality earnings and free cash flow. We reinvest that cash in high-return, capital-light opportunities and return excess capital to shareholders in a disciplined and increasingly predictable way. We are now seeing this translate more clearly into our results. First, U.S. net rooms growth is inflecting and improving sequentially, with gross openings up 32% year over year, first quarter hotel openings at a five-year high, and exits at their lowest level since 2023. Our U.S. pipeline is also expanding sequentially, providing greater visibility into future growth. At the same time, our international portfolio continues to scale as an additional growth engine. Second, franchisee unit economics are improving, driven by stronger revenue delivery and lower hotel development and operating costs. This is resulting in stronger returns across the system, reflected in our strong voluntary franchisee retention rate and continued expansion in our average royalty rates, with improving RevPAR now flowing through a higher-quality, more revenue-intense system. And third, as we move beyond a period of elevated investment that has achieved its strategic objectives, capital intensity is now declining materially, with development outlays coming down. As market conditions continue to improve, we intend to accelerate capit...

Choice Hotels (CHH) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20.68%. A quarter ago, it was expected that this hotel franchiser would post earnings of $1.56 per share when it actually produced earnings of $1.6, delivering a surprise of +2.56%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Choice Hotels, which belongs to the Zacks Hotels and Motels industry, posted revenues of $340.58 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.95%. This compares to year-ago revenues of $332.86 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Choice Hotels shares have added about 23.2% since the beginning of the year versus the S&P 500's gain of 4.2%. While Choice Hotels has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Choice Hotels was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank...

For the quarter ended March 2026, Choice Hotels (CHH) reported revenue of $340.58 million, up 2.3% over the same period last year. EPS came in at $1.07, compared to $1.34 in the year-ago quarter. The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $334.08 million. With the consensus EPS estimate being $1.35, the EPS surprise was -20.68%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Choice Hotels performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: RevPAR: $47.45 compared to the $46.50 average estimate based on three analysts. Global System by Region - U.S - Rooms: 497,881 versus the three-analyst average estimate of 497,748. Global System by Region - Total System - Rooms: 658,348 compared to the 658,452 average estimate based on three analysts. Global System by Region - Total International - Rooms: 160,467 versus 161,695 estimated by two analysts on average. Average Daily Rate (ADR): $90.73 versus $92.02 estimated by two analysts on average. RevPAR Growth: -0.8% versus -1.5% estimated by two analysts on average. Occupancy: 52.3% versus the two-analyst average estimate of 51%. Revenues- Revenue for reimbursable costs from franchised and managed properties: $123.9 million versus the three-analyst average estimate of $117.74 million. Revenues- Franchise and management fees: $149.63 million versus $145.44 million estimated by three analysts on average. Revenues- Owned Hotels: $30.43 million compared to the $28.17 million average estimate based on three analysts. The reported number represents a change of +9.2% year over year. Revenues- Partnership services and fees: $24.73 million versus $29.12 million estimated by three analysts on average. Revenues- Other: $11.87 million versus the three-analyst average estimate of $12.18 million. View all Key Company Metrics for Choice Hotels here>>> Shares of Choice Hotels have returned +14.1% o...