topstockalerts
Nov 2, 9:14 PM
Choice Hotels International reported better-than-expected Q3 2026 results, beating Wall Street estimates on both earnings and revenue. Adjusted diluted EPS reached
$2.33, while revenue rose 2.5% year over year to
$458.3 million, approximately 2.2%–2.5% above analyst expectations.
The company also raised its full-year outlook, increasing its U.S. and global RevPAR growth forecast to 1.5%–2.5%, from its previous range of 0%–1.25%, and lifting adjusted EBITDA guidance to
$641–651 million.
CEO Dom Dragisich said October U.S. RevPAR was approximately 7% above year-ago levels, signaling stronger momentum entering Q4. U.S. franchise agreements awarded increased 24% year over year, while the extended-stay segment reached its 600th hotel opening, marking its 13th consecutive quarter of double-digit net room growth.
The combination of earnings beats, stronger guidance and improving operating trends boosted investor confidence.
$CHH
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