CHH continues to focus on expanding its footprint in the extended stay segment. The company announced the opening of three new Everhome Suites properties.
CHH had a strong 2024, but 2025 looks shaky due to a weak CAD dollar and tariff threats impacting Canadian travel to the U.S. Recent earnings were solid, with net income up 16% and EPS up 22%, but guidance for 2025 seems overly optimistic. The Canadian travel decline could reduce CHH's revenue, leading to a projected 0.5% revenue decline in 2025.
CHH's fourth-quarter 2024 results reflect strong unit growth and an expanded global pipeline, supporting its growth strategy.
Choice Hotels International, Inc. (NYSE:CHH ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Allie Summers - Senior Director of Investor Relations Pat Pacious - President, Chief Executive Officer & Director Scott Oaksmith - Chief Financial Officer Conference Call Participants David Katz - Jefferies Dany Asad - Bank of America Michael Bellisario - Baird Robin Farley - UBS Stephen Grambling - Morgan Stanley Patrick Scholes - Truist Securities Brandt Montour - Barclays Meredith Jensen - HSBC Alex Brignall - Redburn Atlantic Operator Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels International's Fourth Quarter and Full Year 2024 Earnings Call.
While the top- and bottom-line numbers for Choice Hotels (CHH) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Choice Hotels (CHH) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.44 per share a year ago.
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Get a deeper insight into the potential performance of Choice Hotels (CHH) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Choice Hotels (CHH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Choice Hotels International is expected to face a challenging 2025 due to macroeconomic factors, despite a strong 2024 performance. A weak Canadian dollar and potential tariffs may reduce Canadian travel to the U.S., impacting CHH's revenue growth. With limited RevPAR growth expected, and macroeconomic uncertainty, I rate the stock a Hold with a price target of $138.
CHH is demonstrating strong growth momentum, driven by an expanding global pipeline, robust unit growth and strategic brand portfolio enhancements.
CHH taps into the high-growth market and addresses an undersupplied extended stay segment with new properties.