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Stock impact report

Everhome Suites Debuts in Kentucky, Continuing the Brand's Growth [Yahoo! Finance]

Choice Hotels International, Inc. (CHH) 
Last choice hotels international, inc. earnings: 2/18 08:12 am Check Earnings Report
US:NYSE Investor Relations: investor.choicehotels.com
Company Research Source: Yahoo! Finance
NORTH BETHESDA, Md. June 11, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, continues to strengthen its leadership position in extended stay with a new Everhome Suites opening in Lexington, Kentucky . With this opening, the company has four Everhome Suites open, over 60 in development, 20 under construction, and more than 10 are expected to open within the next year. In the category, Choice has more than 400 properties in the pipeline across its four extended stay brands, as of the first quarter of 2024. Choice's domestic extended stay hotel portfolio grew by 17.4% from March 31, 2023 to March 31, 2024 , driven by increases in economy and midscale extended stay brands. "At Choice Hotels, we were pioneers in the extended stay hotel category, and our first-mover advantage has been solidified by the performance track record of our extended stay brands," said Matt McElhare , vice president and lead for extended stay b Show less Read more
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