• Conversions pay for Choice

Choice Hotels raised ebitda 8% in the fourth quarter, despite domestic revpar being hit by the US government shutdown. The results showed a 14% increase in conversion franchise agreements, with that figure expected to improve further.

During the full year, Choice saw a 32% increase in initial franchise and licencing fees, to USD18.7m. With expenses held in check, franchising margins improved 65%.
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http://media.choicehotels.com/phoenix.zhtml?c=217856&p=irol-newsArticle_print&ID=1900679&highlight=

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