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Articles tagged “choice hotels”

Coronavirus

Choice Hotels Hopes to Finish Out Year Ahead of 2019 Levels

Given Choice’s significant demand base of leisure travelers, essential workers, and road warriors, it isn’t surprising that it will be the first major hotel company to eclipse 2019 performance levels. But it is certainly a bragging point.

Cameron Sperance | 2 years ago

Choice Hotels Hopes to Finish Out Year Ahead of 2019 Levels

Hotels

Will Hyatt Finally Report a Profitable Pandemic Quarter This Week?

Most hotel companies have posted a profit at least once during the pandemic, and Hyatt needs to do the same this week to avoid shareholder and analyst scrutiny.

Cameron Sperance | 3 years ago

Will Hyatt Finally Report a Profitable Pandemic Quarter This Week?

Coronavirus

Choice Hotels First Major Hotel Brand to Outperform Pre-Pandemic Levels

Profitability is one thing, but out-performing 2019 is the genuine sign of a rebound. Choice Hotels is lucky to not have to worry as much about corporate travel and conventions as some of its competitors.

Cameron Sperance, Skift | 3 years ago

Choice Hotels First Major Hotel Brand to Outperform Pre-Pandemic Levels

Hotels

Vrbo Adds Hotels to Fill In Vacation Rental Gaps

Vrbo was leaving money on the proverbial table by sticking with whole homes. That seems to be changing, but it remains to be seen how far Vrbo will meander into hotels and other inventory types.

Dennis Schaal, Skift | 3 years ago

Coronavirus

Roadside Hotels Could Draw Investor Interest From a Biden Boost for Infrastructure

Building better roads and airports across the U.S. will help build hotel profits, but not everyone will see an infrastructure windfall. This is largely a boost to brands like Choice and Wyndham — already profitable and not facing the uncertain recovery hurdles that some competitors face with business travel.

Cameron Sperance, Skift | 3 years ago

Roadside Hotels Could Draw Investor Interest From a Biden Boost for Infrastructure

Coronavirus

A Profitable Choice Hotels Plans for Bigger Extended Stay and Upscale Portfolios

Choice Hotels saw occasional bursts of profitability during the pandemic while competitors lost hundreds of millions of dollars. The company doesn’t plan to just stick to its reliable drive-to and leisure travel playbook, however. Expect more upscale hotel deals on the horizon.

Cameron Sperance, Skift | 3 years ago

A Profitable Choice Hotels Plans for Bigger Extended Stay and Upscale Portfolios

Coronavirus

What Hilton, Hyatt and IHG Could Reveal This Week on Development Deals

Hotel companies with a strong focus on leisure and drive-to properties are going to show the strongest development numbers this cycle, but don't expect a massive downturn in construction from even the more business-oriented brands. Real estate is a long-term play.

Cameron Sperance, Skift | 3 years ago

What Hilton, Hyatt and IHG Could Reveal This Week on Development Deals

Coronavirus

Choice Hotels Sees Budget Brands Deliver 2020 Rarity: Profitability

The core of travel demand continues to be drive-to and leisure travel. A portfolio that encompasses those two elements fueled Choice Hotels' shocking full-year profit during the middle of a global pandemic.

Cameron Sperance, Skift | 3 years ago

Choice Hotels Sees Budget Brands Deliver 2020 Rarity: Profitability

Coronavirus

Choice Vs. Wyndham: The Race to Convert Hotels to Their Brands

Wyndham's loss is Choice Hotels' gain in a 15-hotel brand shuffle. But this type of transaction is still falling short of wider industry expectations.

Cameron Sperance, Skift | 3 years ago

Choice Vs. Wyndham: The Race to Convert Hotels to Their Brands

Coronavirus

Hotel CEOs Identify Winning Combo to Help Revive Industry🔒

A revival of conventions and major events will help the hotel industry tackle its high unemployment rate, but federal stimulus is needed first while struggling businesses still wait for the virus to get under control.

Cameron Sperance, Skift | 3 years ago

Hotel CEOs Identify Winning Combo to Help Revive Industry🔒