CHOICE HOTELS INTERNATIONAL INC /DE (CHH) Form 8-K — Nov 2, 2026
Choice Hotels reported Q3 2026 net income of $58 million ($1.28 diluted EPS), down 68% YoY, though the decline reflects a $100 million prior-year joint venture gain plus current-quarter charges of $24 million (contract termination) and $6 million (impairment). Adjusted diluted EPS rose 11% to $2.33 and adjusted EBITDA grew 1% to $193 million. Operational momentum continued: U.S. RevPAR rose 3.8%, U.S.
Key figures
- Eps
- 1.28
- Revenue
- 458328000
- Guidance
- FY2026 net income $178-185M (lowered), adjusted net income $315-322M, adjusted EBITDA $641-651M (raised midpoint), adjusted diluted EPS $6.92-7.07, US RevPAR growth 1.5-2.5% (raised)
- Net Income
- 57912000
- Total Debt
- 2177105000
- Revenue Yoy
- +2.5% (total revenues $458M vs $447M)
- Total Assets
- 3138934000
- Cash Position
- 170594000
- Adjusted ebitda
- $193 million (+1%)
- Us revpar growth
- +3.8%
- Impairment charge
- $6 million
- Hotel sale proceeds
- ~$34 million
- Term loan financing
- $500 million unsecured, maturing August 2029
- Adjusted diluted eps
- $2.33 vs $2.10 (+11%)
- Global pipeline rooms
- 78200
- Shareholder returns 9m
- $211 million (dividends + repurchases)
- Global net rooms growth
- +1.7%
- Us average royalty rate
- 5.23% (+8 bps)
- Harvest hosts acquisition
- ~$130 million
- Total available liquidity
- $928 million
- Contract termination charge
- $24 million
- Net debt to adjusted ebitda
- 3.2x
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