Articles tagged “choice hotels”

Wyndham and Choice are known for their predominantly franchise-based portfolios in the U.S. midscale and economy sectors. As other major brands explore expansion opportunities into midscale and economy hotels, we offer an analysis of the current market leaders, Wyndham and Choice, through a comparison presented in 20 key charts.

Betting against China's torrid economic growth has been a fool's errand for decades. But nothing lasts forever. Foreign hotel executives shouldn't make blind assumptions about endless hotel development opportunities in the country.

The major hotels and OTA companies reported strong earnings this month, signaling robust travel demand despite economic uncertainties. The companies most skewed to Asia now offer the greatest potential for growth and share price gains.

Today's edition of Skift's daily podcast looks closer at Choice Hotels’ acquisitions, China’s travel restrictions, and a new airline partnership between Europe and Asia.

Mergers hurt companies more often than help. Yet Choice Hotels seems to be the exception with its Radisson Americas merger so far. Expect Choice to be emboldened to do another deal. A European acquisition would be smart.

Baird gave a 2Q earnings preview, maintaining their Outperform ratings on Choice Hotels and Wyndham despite saying RevPAR growth in the lower-end chain scales has slowed more than expected. 

Choice Hotels issued a positive business update in a seemingly random way. That fueled speculation it plans to do something newsy. Plus, other worldwide headlines in hotel deals and development.

Choice Hotels issued a business update this morning, reaffirming full-year guidance and giving a 2024 EBITDA target that was above Street estimates.

Choice Hotels continues to grow in the domestic market, with a particular focus on the midscale and upscale segments. It's likely to add more brands soon.

Choice Hotels, a U.S.-based franchisor, said on Tuesday it had opened an average of more than four hotels a week in the first half of 2023 — a 39% jump…