Blue collar winners

Asset light operators Wyndham and Choice fared better than most through the pandemic, with Choice turning a profit in the fourth quarter as they won market share.   At Choice, fourth quarter net income was USD7.865m, on revenues down 28% at USD63m. For the year as a whole, revenues were down 31% year on year. Wyndham was not far behind, […]

Choice Hotels International Reports 2020 Fourth Quarter And Full Year Results

ROCKVILLE, Md. – Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, today reported its results for the three months and year ended December 31, 2020. “Despite a year of unprecedented challenges brought upon us by the pandemic, Choice Hotels drove results that significantly outperformed the industry, achieved a number of major […]