Choice Hotels: Shares Still Cheap As U.S. Operations Turn A Corner
Choice Hotels International (CHH) has faced challenges over the past year, with market focus on transient headwinds affecting its U.S. business. However, recent results show improvement, with U.S. RevPAR and system growth both reaching their strongest levels in several quarters.
Why it matters — A CHH watcher would note that the company's key U.S. operating metrics are strengthening after a difficult year, showing signs of a turnaround in its largely franchised, royalty-driven business.