News

Baird lowered the firm’s price target on Choice Hotels (CHH) to $136 from $144 and keeps an Outperform rating on the shares. The firm updated its ...
The move pits Choice, one of the largest hotel companies in the world, in direct competition with Airbnb and other peer-to-peer vacation rental websites. “It’s a huge business.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results ...
Choice Hotels on Tuesday made a hostile bid to acquire all the outstanding shares of competitor Wyndham Hotels & Resorts at a price of $90 a share, assuming a $7.8 billion valuation.
Choice also owns Econo Lodge, Sleep Inn and Rodeway Inn amounting to about 7,000 hotels worldwide. Wyndham owns several brands including its namesake hotel brand as well as Days Inn and Super 8 ...
Choice Hotels International is one of the half-dozen largest hotel chains by rooms under management. The Maryland-based business has 6,268 hotels open in the U.S. and 1,199 open internationally ...
Another bid by Choice Hotels CHH -2.02% to strike a deal with Wyndham Hotels & Resorts WH 0.20% has fallen flat. After months of on-and-off talks for a deal that would unite two of the biggest ...
U.S. budget hotel operator Wyndham Hotels and Resorts on Tuesday rejected rival Choice Hotels' $7.8 billion cash-and-stock acquisition offer, calling it "underwhelming" and citing regulatory risks ...
Choice Hotels on Tuesday made its latest $7.8 billion cash-and-stock offer public after Wyndham Hotels and Resorts decided to walk away from merger talks, halting six months of discussions around ...
Second-quarter revenue for Choice Hotels increased 17% year-over year to $232.2 million, beating consensus forecasts for $208.3 million.
While 55,000 points for a Choice hotel may seem a bit pricey, these are all high-end accommodations; you won’t find budget lodging within the Preferred Hotels & Resorts portfolio.
Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value ...