Choice's brand advantage intact, as room growth is set to accelerate in 2018.
While we saw Choice’s third quarter as largely in line (revenue per available room, or revPAR, and unit growth were both up 2.1%, versus our 2.2% and 2.3% 2017 respective forecasts), we still expect its room growth to accelerate to around 4% annually the next few years from the 2%-2.5% reported in recent quarters. This is a result of Choice nearing completion of Comfort brand (25% of total rooms) closures and renovations, and solid 16% hotel pipeline growth this quarter. We expect our $68 fair v...Choice Hotels International is a hotel franchisor. The company franchises lodging properties under the following proprietary brand names: Comfort Inn?, Comfort Suites?, Quality?, Clarion?, Clarion Pointe?, Sleep Inn?, Econo Lodge?, Rodeway Inn?, MainStay Suites?, Suburban Extended Stay Hotel?, WoodSpring Suites?, Cambria? Hotels, and Ascend Hotel Collection?. The company's primary segment is the hotel franchising business. The company's domestic franchising operations are conducted through direct franchising relationships while its international franchise operations are conducted through a combination of direct franchising and master franchising relationships.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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