**About Choice Hotels®**
[Choice Hotels International, Inc.](https://c212.net/c/link/?t=0&l=en&o=4323255-1&h=2389712265&u=https%3A%2F%2Fwww.choicehotels.com%2F&a=Choice+Hotels+International%2C+Inc.) (NYSE: [CHH](https://www.prnewswire.com/news-releases/choice-hotels-announces-quarterly-cash-dividend-302329442.html#financial-modal)) is one of the world’s largest lodging franchisors. A key player in the upscale segment and a leader in midscale and extended-stay accommodations, Choice® operates a portfolio of over 7,500 hotels, encompassing nearly 635,000 rooms across 45 countries and territories. With 22 diverse brands ranging from full-service upper-upscale properties to midscale, extended-stay, and economy options, Choice® caters to travelers’ needs for various occasions while delivering value to franchise owners and shareholders alike.
The company’s award-winning Choice Privileges® rewards program, along with co-branded credit card offerings, allows members to easily earn reward nights and enjoy personalized perks. For more details, visit [www.choicehotels.com](https://c212.net/c/link/?t=0&l=en&o=4323255-1&h=2118866340&u=http%3A%2F%2Fwww.choicehotels.com%2F&a=www.choicehotels.com).
**Forward-Looking Statements**
This press release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. These statements, which are not historical facts, can often be identified by terms such as “expect,” “estimate,” “believe,” “anticipate,” “should,” “will,” “forecast,” “plan,” “project,” “assume,” and similar expressions. They reflect management’s current beliefs, assumptions, and expectations based on available information.
Forward-looking statements may include projections of revenue, expenses, EBITDA, adjusted EBITDA, earnings, debt levels, dividend payments, stock repurchases, and other financial and operational metrics, such as occupancy rates, open hotels, RevPAR, and liquidity. However, these statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those anticipated.
Several factors could impact the company’s performance, including but not limited to:
– Changes in domestic and global economic conditions, including access to liquidity and capital.
– Shifts in consumer demand, confidence, and discretionary spending, particularly in the travel and hospitality sectors.
– Impacts of epidemics, pandemics, or other health crises on the global hospitality industry.
– Changes in laws and regulations affecting the travel, lodging, or franchising industries.
– Foreign currency fluctuations and impairments in asset values.
– Risks associated with technology advancements, cybersecurity, and data breaches.
– Challenges in growing the franchise system or maintaining brand desirability.
– Inflation, labor shortages, and climate change-related concerns.
– Litigation outcomes and the ability to manage debt effectively.
These and other risks are detailed in the company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Choice Hotels assumes no obligation to update or revise any forward-looking statements, except as required by law.
© 2024 Choice Hotels International, Inc. All Rights Reserved.
**SOURCE:** Choice Hotels International, Inc.
Source: prnewswire.com