Choice Hotels International, Inc., a global leader in lodging franchising, has announced a dividend of $0.2875 per share on its common stock. This dividend, approved by the company’s board of directors, will be paid on July 16, 2024, to shareholders recorded as of July 1, 2024. This move demonstrates Choice Hotels’ commitment to delivering value to its shareholders while maintaining its leadership position in the hospitality industry.
Choice Hotels International concluded its 68th Annual Convention in Las Vegas, Nevada, presenting a roadmap for owners and operators to capitalize on the surge in travel demand. The company announced the relaunch of Park Inn by Radisson, reaffirmed its SOAR program, and celebrated top-performing hotels with its prestigious awards.
Choice Hotels International’s annual convention in Las Vegas was a resounding success, with over 6,600 attendees and 1,100 exhibitors gathering to discuss the latest trends and strategies in the lodging industry. The event showcased Choice’s strong position in the market and its commitment to supporting its franchisees through a comprehensive program of educational sessions, brand presentations, and a trade show. Choice emphasized its investments in technology, brand creation and renewal, and franchisee retention, highlighting its transformation into a stronger entity with an enhanced system benefiting all stakeholders.
