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Historic American Building to become luxury hotel
Choice Hotels International plans to turn the American Building at 231 E. Baltimore St. into a 144-room Cambria Hotel.
Md. hotel CEO, employees rappel for addiction awareness
A hotel CEO and more than some of his company’s employees rappelled down a Bethesda landmark on Tuesday. Steve Joyce, president and CEO of Rockville-based Choice Hotels International, rappeled down 15 stories at 2 Bethesda Metro Center to raise awareness for Shatterproof, an organization dedicated to transforming the way the United States helps prevent and […]
Positive numbers for Choice
Choice Hotels International, of Rockville, which franchises more than 6,300 hotels in the United States and other countries, posted increases in net income and revenue for the last quarter of 2014 and for the year. Net income rose 8 percent, to $25.3 million, or 43 cents per diluted share, in the quarter ended Dec. 31, […]
Choice expands points program
Choice Privileges, the guest-loyalty program for Rockville-based Choice Hotels International Inc., announced Wednesday a new rewards feature, Points Plus Cash. Privileges members will be able to redeem a reward night by combining their points with cash. Points Plus Cash reward nights will be available for Choice Privileges members with a minimum of 8,000 points, at […]
U.S. travelers plan to spend more
Americans are planning to spend a bit more on traveling next year and are more likely to visit someplace they saw in a movie or that offers particular dining choices, according to survey results announced Tuesday by Choice Hotels International, a Rockville-based hotel company. Choice’s survey found that respondents plan to spend 8 percent more […]
Choice Hotels profit increases slightly
Choice Hotels International, a Rockville-based company that franchises more than 6,300 hotels worldwide, reported a 1.7 percent increase in profit for the quarter. Choice’s net income for 2014’s third quarter was $39.4 million, or 67 cents per diluted share, compared with $38.7 million and 66 cents for the same period in 2013. Domestic revenue per […]
Choice Hotels reports good 4Q, slightly weaker year
Rockville-based Choice Hotels International, whose hotel franchises account for more than half a million rooms worldwide, saw diluted earnings per share for the quarter of 46 cents, compared with 42 cents in the corresponding quarter of 2012.
Choice, Marriott lauded for LGBT roles
Two Maryland-based companies got perfect scores on the Human Rights Campaign's 2014 Corporate Equality Index.
Bethesda-based DiamondRock sells California hotel
DiamondRock Hospitality Co., of Bethesda, a real estate investment trust that owns 26 upscale and luxury hotels in the U.S., said it has sold the 487-room Torrance Marriott South Bay, in Torrance, Calif.
Choice Hotels’ revenue up, profit down
Choice Hotels International Inc. said its net income decreased in the third quarter of 2013 compared to the previous year, but still topped analysts’ forecasts.
Choice Hotels notes 2nd-quarter growth
Choice Hotels International Inc., of Rockville, a hotel franchise chain, said it opened 113 domestic and international franchised properties in 38 U.S. states and nine countries during the second quarter of 2013. The company also said it executed 187 new domestic franchise agreements during the first six months of 2013, a 10 percent increase over […]
Choice Hotels sees drop in 1Q profit
Choice Hotels International Inc., a Silver Spring-based hotel franchise chain, reported first-quarter net income of $15.5 million, or 26 cents per diluted share, versus net income of $20 million, or 34 cents per diluted share, for the year-ago period.
