
Choice Hotels Boosts Net Income 16% to $299.7M Despite RevPAR Dip
Choice Hotels International, Inc.Description
What this story covers
Choice Hotels' 2024 10-K highlights 16% net income growth to $299.7M via franchising leverage, despite 1.2% domestic RevPAR decline. System expanded to 7,586 hotels, royalty rate at 5.06%, with strong liquidity and shareholder returns amid risks like economic cycles and cybersecurity.
Story snapshot
CompanyChoice Hotels International, Inc.
TickerCHH
VariantStandard detailed
Duration10:51
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0001046311-25-000007
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