Choice Hotels International Reports 2022 Third Quarter Results
- EDITOR
- Nov 8, 2022
- 1 min read
Patrick Pacious, president and chief executive officer, Choice Hotels, said: "Our third quarter results and the acquisition of the Radisson Hotels Americas business are a significant leap forward in the evolution of both Choice Hotels' competitive position and future growth potential. For 11 consecutive quarters, our RevPAR growth has outperformed the hotel industry, confirming that our strategy of focusing our investments and growth on RevPAR accretive hotel segments and locations is working. Our future growth is now enhanced by the addition of the Radisson Hotels Americas' brands to our best-in-class business delivery engine. Radisson Hotels Americas is expected to provide the company with significant incremental recurring adjusted EBITDA upon its full integration in early 2024. We exceeded our 2019 earnings last year, have built on that strength through the third quarter this year and are confident that the changes we are observing in leisure and business travel behavior that favor our brands will enable us to maximize growth opportunities well into the future."
Link directly to source: Choice Hotels International Reports 2022 Third Quarter Results
The Team
at LEADING HOTELIERS NETWORK / JOBLEAD-SERVICE
We're still accepting a few more members this month:
RETURNING MEMBERS - ENROLL - Click here
NEW MEMBERS - ENROLL - Direct link - Click here
Comments