Choice Hotels International, Inc. Announces Cash Dividend, Reinforcing Industry Dominance

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Choice Hotels International, Inc. , a globally recognized leader in lodging franchising, has announced a dividend of $0.2875 per share on its common stock. This dividend, declared by the company’s board of directors, is slated for payment on July 16, 2024, to shareholders recorded as of July 1, 2024. With this move, Choice Hotels reaffirms its commitment to providing value to its shareholders while maintaining its position as a frontrunner in the hospitality industry.

Choice Hotels International, Inc. stands as a powerhouse among lodging franchisors worldwide, boasting a diverse portfolio of 22 brands. With nearly 7,500 hotels across 45 countries and territories, encompassing over 630,000 rooms, Choice® caters to a broad spectrum of travelers’ needs. From upscale to midscale and extended stay to economy, Choice® brands are strategically positioned to offer quality accommodations across various segments, thus delivering enhanced value to both franchise owners and shareholders alike.

The company’s success is further bolstered by its acclaimed Choice Privileges rewards program, complemented by co-branded credit card options. These initiatives not only foster customer loyalty but also provide members with expedited access to reward nights and personalized benefits.


The post Choice Hotels International, Inc. Announces Cash Dividend, Reinforcing Industry Dominance appeared first on Travel And Tour World.

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