Choice Hotels International traded at $108.48 this Friday October 23rd, decreasing $3.50 or 3.13 percent since the previous trading session. Looking back, over the last four weeks, Choice Hotels International lost 7.45 percent. Over the last 12 months, its price rose by 11.56 percent. Looking ahead, we forecast Choice Hotels International to be priced at 106.18 by the end of this quarter and at 99.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Choice Hotels International, Inc. is a hotel franchisor with franchise agreements and owned hotels representing approximately 7,147 hotels open and 1,022 hotels under construction located in approximately 50 states, the District of Columbia and over 40 countries and territories outside the United States. The Company operates in two segments: Hotel Franchising and Corporate & Other. The Company's brand names include Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Ascend Hotel Collection, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, and Cambria Hotels. The Company's domestic operations are conducted through direct franchising relationships and the ownership of five Cambria hotels, while its international franchise operations are conducted through a combination of direct franchising and master franchising relationships.