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Stock impact report

Choice Hotels Opened 17 MainStay Suites and Suburban Studios Since January 2024 Breaking into Las Vegas, Moreno Valley, Orlando, and Tampa Markets, Demonstrating Best-In-Class Conversion C...

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! Fin
NORTH BETHESDA, Md. Sept. 23, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) continues to lead in the extended stay segment, opening 17 MainStay Suites and Suburban Studios between January 1 and September 17, 2024 . Breaking into the key markets of Las Vegas, Nevada (with a second hotel opening later this month); Moreno Valley, California Orlando and Tampa, Florida , 16 of the 17 hotels opened across the two brands are conversions, with the average length of time between contract signing and doors opening around 120 days. Half of the nearly 70 properties in the pipeline for MainStay Suites and Suburban Studios are conversions, expected to open between September 2024 and March 2025 MainStay Suites, a conversion extended stay brand, provides guest rooms with kitchens for long staying guests. A first mover in the space, Choice Hotels extended stays conversion success builds on the company's "Kitchen-in-a-Box" concept, a modular kitchen design that allows franchis Show less Read more
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