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India

Choice Hotels International Inc (CHH.N)

CHH.N on New York Stock Exchange

80.85USD
20 Apr 2018
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$-0.65 (-0.80%)
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Latest Key Developments (Source: Significant Developments)

Choice Hotels To Acquire Woodspring Suites Brand And Franchise Business For About $231 Mln
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Choice Hotels International Inc ::CHOICE HOTELS TO ACQUIRE WOODSPRING SUITES BRAND AND FRANCHISE BUSINESS.CHOICE HOTELS INTERNATIONAL INC - DEAL FOR APPROXIMATELY $231 MILLION, SUBJECT TO CUSTOMARY ADJUSTMENTS.CHOICE HOTELS INTERNATIONAL INC - PLANS TO ACQUIRE WOODSPRING HOTEL BRANDS, INCLUDING FRANCHISE OPERATIONS, MARKETING AND DEVELOPMENT.CHOICE HOTELS INTERNATIONAL INC - ACQUISITION WILL BE FUNDED BY CASH.CHOICE HOTELS INTERNATIONAL - DEAL EXPECTED TO BE ACCRETIVE TO FINANCIAL PERFORMANCE IN 2018, EXCLUDING ONE-TIME TRANSACTION AND INTEGRATION COSTS.CHOICE HOTELS - FOR U.S. TAX PURPOSES, TRANSACTION CONSTITUTES AN ASSET SALE, AND CO EXPECTS TO AMORTIZE ACQUIRED ASSETS.CHOICE HOTELS INTERNATIONAL INC - WOODSPRING HOTELS HOLDINGS LLC WILL BE RENAMED AND RETAIN ITS HOTEL MANAGEMENT OPERATIONS.  Full Article

Avis Budget Group signs qualified vendor agreement with Choice Hotels Hnternational
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Avis Budget Group Inc ::Avis Budget Group signs qualified vendor agreement with Choice Hotels International.Under exclusive multi-year agreement, Avis and Budget named preferred car rental partners for Choice Privileges rewards program​.  Full Article

Choice Hotels International Q3 earnings per share $0.84
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Choice Hotels International Inc ::Choice Hotels International reports third quarter financial results.Sees Q4 2017 adjusted earnings per share $0.60 to $0.62.Sees FY 2017 adjusted earnings per share $2.84 to $2.88.Q3 adjusted earnings per share $0.95.Q3 earnings per share $0.84.Q3 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Choice Hotels International Inc - ‍adjusted EBITDA for full-year 2017 is expected to range between $294 million and $298 million​.Choice Hotels International Inc says ‍revpar is expected to increase between 1 percent and 3 percent for q4​.Choice Hotels International - ‍revpar is expected to range between 2 percent and 3 percent for full-year 2017​.Choice Hotels International - qtrly total revenues $295.1 million versus $267.6 mln‍​‍​.Q3 revenue view $284.3 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.85 -- Thomson Reuters I/B/E/S.  Full Article

Choice Hotels International reports a 10 pct increase in Q4 diluted earnings per share
Thursday, 16 Feb 2017 

Choice Hotels International Inc : Choice Hotels International reports a 10 percent increase in fourth quarter diluted earnings per share . Sees FY 2017 earnings per share $2.78 to $2.84 . Q4 earnings per share $0.56 . Q4 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Choice Hotels International reports a 10 percent increase in fourth quarter diluted earnings per share . Choice Hotels International Inc - Qtrly domestic revpar increases 5 percent . Choice Hotels International Inc - Net domestic unit growth for 2017 is expected to range between approximately 2% and 3% . Choice Hotels International Inc - Revpar is expected to increase between 3.5% and 4.5% for Q1 and range between 3.0% and 4.0% for full year 2017 . Choice Hotels International Inc - Adjusted EBITDA for full year 2017 is expected to range between $292 million and $297 million . Q1 earnings per share view $0.41 -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $2.67 -- Thomson Reuters I/B/E/S.  Full Article

Choice Hotels reports Q2 earnings per share of $0.68
Tuesday, 2 Aug 2016 

Choice Hotels International Inc : Choice hotels international reports a 10% increase in second quarter diluted earnings per share . Q2 earnings per share $0.68 . Sees q3 2016 earnings per share at least $0.78 . Q2 revenue rose 4 percent to $241.8 million . Q3 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Q2 domestic revpar increases 4.3% . Revpar is expected to increase between 3.5% and 4.0% for q3 and range between 3.5% and 4.0% for full-year 2016 . Q2 adjusted earnings per share $0.71 . During the three and six months ended june 30, 2016, co recorded an executive termination benefit charge of about $2.2 million . Sees fy 2016 adjusted earnings per share $2.38 to $2.43 . Q2 earnings per share view $0.67, revenue view $245.0 million -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $2.32 -- Thomson Reuters I/B/E/S.  Full Article

Choice Hotels says David White to step down as CFO on June 3
Wednesday, 25 May 2016 

Choice Hotels International Inc : Choice Hotels announces leadership appointments and transition . Announced promotion of two executives and a planned transition of chief financial officer position. . Chief operating officer Patrick S. Pacious has been promoted to president and chief operating officer . Choice Hotels International Inc says Scott E. Oaksmith has been promoted to senior vice president, finance and chief accounting officer . Choice Hotels has hired Spencer Stuart to conduct an executive search for a permanent CFO successor . Says CFO David L. White will be transitioning from company and will pursue other professional opportunitie .Says White will step down as CFO on June 3rd but will remain with company to assist with CFO transition.  Full Article

BRIEF-Choice Hotels Announces Alliance With Sercotel Hotels

* CHOICE HOTELS' BRANDS WILL LEVERAGE HOTEL MANAGEMENT ARM OF SERCOTEL HOTELS