Choice Hotels Reaffirms Previously Provided Financial Guidance For FY23; Projects Continued Growth In 2024
Portfolio Pulse from Benzinga Newsdesk
Choice Hotels has reaffirmed its financial guidance for FY23 and projected continued growth in 2024. The company also provided an update on the rapid integration of the Radisson Hotels Americas portfolio into its franchisee success system.

July 11, 2023 | 10:32 am
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POSITIVE IMPACT
Choice Hotels' reaffirmation of its FY23 financial guidance and projected growth in 2024, along with the update on the integration of the Radisson Hotels Americas portfolio, could potentially boost investor confidence.
The reaffirmation of financial guidance indicates that Choice Hotels is confident in its financial performance and future growth. The rapid integration of the Radisson Hotels Americas portfolio could potentially expand its market presence and boost revenues, which could positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100