Why Choice Hotels' Stock Has Rebounded [The Motley Fool]
Choice Hotels International, Inc. (CHH)
Last choice hotels international, inc. earnings: 2/18 08:12 am
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US:NYSE Investor Relations:
investor.choicehotels.com
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Source: The Motley Fool
Travel has been severely restricted by the stay-at-home orders throughout the country due to the coronavirus pandemic, butChoice Hotels International(NYSE:CHHIn the past month, the stock has climbed about % and is down about -8% for the year in trading on April 4, which is slightly outperforming its sector.Here's why the stock is moving back up.CEO and executives take salary cutChoice Hotels has made several moves to bolster its liquidity and reduce costs through this pandemic.In a business update released April 8, Choice Hotels CEO Patrick Pacious said:Given the broad-based uncertainty of the current environment, we have taken decisive actions over the past several weeks to position the company for changing market dynamics and enhanced our financial flexibility to sustain the long-term health of the business. ... We are confident in our ability to weather this storm, while supporting our franchisees as they navigate uncharted waters.Image Source: Getty ImagesOn the expense front, the
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News
- Choice Hotels relaunches Park Inn by Radisson [Yahoo! Finance]Yahoo! Finance
- From Acquisition to Reposition: Choice Hotels Relaunches Park Inn by Radisson to Capitalize on Untapped Market within Portfolio of Hotels [Yahoo! Finance]Yahoo! Finance
- From Acquisition to Reposition: Choice Hotels Relaunches Park Inn by Radisson to Capitalize on Untapped Market within Portfolio of HotelsPR Newswire
- Choice Hotels International Takes it to the "Next Level" at 68th Annual Convention [Yahoo! Finance]Yahoo! Finance
- Choice Hotels International Takes it to the "Next Level" at 68th Annual ConventionPR Newswire
CHH
Earnings
- 2/20/24 - Beat
CHH
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- CHH's page on the SEC website