Choice Hotels International Reports 2020 Fourth Quarter And Full Year Results
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Choice Hotels (CHH) Misses Q4 EPS by 13c, Revenues Miss
February 17, 2021 8:06 AM ESTChoice Hotels (NYSE: CHH) reported Q4 EPS of $0.51, $0.13 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $193.39 million versus the consensus estimate of $213.49 million.
Throughout 2020, Choice Hotels provided a broad range of support to its franchisees, guests and communities while improving its overall financial and liquidity position. Highlights of fourth quarter and full year 2020 results include:
Domestic systemwide revenue per available room (RevPAR) change outperformed the total industry by nearly 26 percentage points, declining 25.1% for fourth quarter 2020, compared to the same period of the prior year, and improved... More