Choice Hotels International is a global hotel franchise that develops and operates a diverse portfolio of lodging brands catering to various market segments. With a strong presence in both the economy and midscale lodging sectors, the company offers a range of accommodations from budget-friendly options to more upscale experiences. Choice Hotels is dedicated to empowering its franchisees with robust marketing support, innovative technology solutions, and a commitment to customer satisfaction, enabling them to provide quality service to travelers. The company's network spans numerous countries, providing guests with a wide array of choices for their lodging needs while fostering strong brand loyalty among its clientele.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the travel and vacation providers industry, including Norwegian Cruise Line (NYSE:NCLH) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Wyndham (NYSE:WH) and the rest of the travel and vacation providers stocks fared in Q3.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Choice Hotels (NYSE:CHH) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the travel and vacation providers industry, including Travel + Leisure (NYSE:TNL) and its peers.
Hotel franchisor Choice Hotels (NYSE:CHH) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $428 million. Its non-GAAP profit of $2.23 per share was 16.6% above analysts’ consensus estimates.
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of July 15-19, 2024.
Hotels typically see a significant boost in business during the summer months, primarily due to the favorable weather conditions. The warm temperatures and sunny days make it an ideal time for travel, encouraging people to take vacations.
U.S. stocks are on track for a mixed start on Wednesday as the market digests mixed earnings reports and looks ahead to more speeches by Federal Reserve officials.
While some investors often look to the stars for strategies, one unique analysis sheds light on how the stock market responds to solar eclipses in the U.S.
Choice Hotels International revealed the expiration of the exchange offer to acquire Wyndham Hotels & Resorts and also withdrew its nomination of independent director candidates for election at Wyndham's 2024 Annual Meeting of Stockholders.
