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MarketScreener Homepage  >  Equities  >  Nyse  >  Choice Hotels International Inc    CHH

CHOICE HOTELS INTERNATIONAL INC (CHH)
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Choice Hotels International : New hotel opens in Bridgeton

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01/03/2018 | 08:49pm CEST

Jan. 03--A new dual-branded hotel has opened on Lone Eagle Drive near St. Louis Lambert International Airport.

Choice Hotels International announced that it had opened its 10th Sleep Inn and MainStay Suites dual-brand hotel in Bridgeton at 11225 Lone Eagle Dr., next to the Embassy Suites by Hilton and Crowne Plaza hotels.

Choice Hotels said it has more than 70 similar hotels in the pipeline combining its extended-stay Mainstay Suites brand with its low-cost Sleep Inn.

"Choice Hotels'Sleep Inn and MainStay Suites dual-brand is the perfect match for developers," said Sam Ursani, Rukshana Hospitality LLC, franchisee of the Sleep Inn and MainStay Suites -- St. Louis Airport in Bridgeton. "It has provided me a strong return on my investment, and guests truly enjoy the flexibility that it offers for all types of travel,"

___

(c)2018 the St. Louis Post-Dispatch

Visit the St. Louis Post-Dispatch at www.stltoday.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 1 093 M
EBIT 2018 314 M
Net income 2018 211 M
Debt 2018 679 M
Yield 2018 1,13%
P/E ratio 2018 20,75
P/E ratio 2019 18,71
EV / Sales 2018 4,58x
EV / Sales 2019 4,21x
Capitalization 4 329 M
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Mean consensus HOLD
Number of Analysts 11
Average target price 84,5 $
Spread / Average Target 11%
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Managers
NameTitle
Patrick S. Pacious President, Chief Executive Officer & Director
Stewart W. Bainum Chairman
Dominic E. Dragisich Chief Financial Officer
Todd Davis Chief Information Officer
John Bonds SVP-Enterprise Operations & Technology
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