Choice Hotels Reports Q3 2026 Earnings Growth and Raises Full-Year Guidance
Choice Hotels reported strong third-quarter 2026 financial results, characterized by an 11% increase in adjusted EPS to $2.33 and a 3% rise in revenue to $285 million. The company's performance was bolstered by higher franchise and management fees, alongside royalty rate expansion. Key operational drivers included a 3.8% increase in US RevPAR and significant momentum in the extended stay segment, which has seen thirteen consecutive quarters of double-digit growth. Reflecting this strength, Choice Hotels raised its full-year 2026 guidance for adjusted EBITDA and US RevPAR. The company also highlighted strategic expansion through the $130 million acquisition of Harvest Hosts, aimed at capturing the outdoor travel market. Despite a $24 million charge related to a terminated European acquisition, the firm continues to prioritize shareholder returns, having distributed $211 million via dividends and share repurchases through September 30.
Topics: Adjusted EBITDA EPS Franchise Expansion Revenue Growth RevPAR