Choice Hotels (CHH) Misses Q1 EPS by 1c
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Choice Hotels International Reports A 10% Increase In First Quarter Domestic RevPAR
May 6, 2015 9:00 AM EDTROCKVILLE, Md., May 6, 2015 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) today reported the following highlights for the first quarter 2015:
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Revenues for the three months ended March 31, 2015 totaled $175.2 million, an increase of 10 percent from the same period of 2014. Domestic hotel executed franchise agreements totaled 99 for the three months ended March 31, 2015, an increase of 68 percent from the same period of 2014. Domestic relicensing and contract renewal transactions totaled 100 for the three months ended March 31, 2015, an increase of 20... More
