MARKET COMPOSITE
CHH - Choice Hotels International, Inc.4:18:23 PM 4/25/2024
Price
$120.07
+ 1.01 (0.85%)
Choice Hotels International, Inc. is a hospitality franchisor based in Rockville, Maryland, United States. The company, which is one of the largest hotel chains in the world, owns several hotel brands ranging from upscale to economy. As of June 30, 2020, Choice Hotels franchised 7,118 properties in 41 countries and territories worldwide, with approximately 597,018 rooms, in addition to 1,035 hotels under construction with 85,129 rooms. Quality Courts United, Inc., which began as a nonprofit referral chain of seven motels in Florida, was founded in 1939. It would undergo several name changes before becoming what is known today as Choice Hotels International. The chain initially remained east of the Mississippi River.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue358.4MM-16%
Operating Income37.7MM-72%
Operating Expenses320.6MM-
Net Income29MM-69%
G&A34.1MM-38%
Interest Expense17.3MM+7%
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