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Choice Hotels International (CHH) guidance and outlook
Choice Hotels International (CHH) raised some and lowered other parts of its guidance on Nov 2, 2026: Net income $178M–$185M for FY2026; EPS $3.92–$4.07 for FY2026; Net income $315M–$322M for FY2026; EBITDA $1.0M for FY2026. Choice Hotels International's 10-Q filed Nov 2, 2026 makes 20 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Net income | FY2026 | $178M–$185M | lowered |
| EPS | FY2026 | $3.92–$4.07 | lowered |
| Net income | FY2026 | $315M–$322M | raised |
| EBITDA | FY2026 | $1.0M | lowered |
| EPS | FY2026 | $6.92–$7.07 | raised |
| Tax rate | FY2026 | 26% | reaffirmed |
| Net income | the year ending Dec 31, 2026 | $178M | lowered |
| Interest expense | the year ending Dec 31, 2026 | $97.7M | raised |
| Depreciation & amortization | the year ending Dec 31, 2026 | $67.9M | lowered |
| Stock-based compensation | the year ending Dec 31, 2026 | $17.0M | lowered |
| EBITDA | the year ending Dec 31, 2026 | $641M | raised |
From the earnings release filed Nov 2, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 2, 2026
- We believe that healthy brands, which deliver a compelling return on investment, will enable us to sell additional hotel franchises and raise royalty rates.
- Maximizing Financial Returns and Creating Value for Shareholders - Our capital allocation decisions, including our capital structure and the uses of capital, are intended to maximize our return on invested capital and create value for our shareholders.
- We do not anticipate owning hotels on a permanent basis and we expect to target dispositions to a franchisee encumbered with a long-term Choice franchise agreement in the future.
- We strive to optimize revenues by focusing on revenue management, increasing guest loyalty, expanding brand awareness with targeted customer groupings, and providing superior guest service.
- We believe our growth investments and strategic priorities, when properly implemented, will enhance our profitability, maximize our financial returns, and continue to generate value for our shareholders.
- The ultimate measure of our success will be reflected in the items below.
- Over time, the Company expects the cumulative revenues and expenses of reimbursable components to break even and, therefore, no income or loss will be generated from the reimbursable marketing and reservation system activities.
- Inflation - We believe that moderate increases in the rate of inflation will generally result in comparable or greater increases in hotel room rates.
- Our capital allocation decisions, including capital structure and our uses of capital, are intended to maximize our return on invested capital and create value for our shareholders, while maintaining a strong balance sheet and financial flexibility.
- As of September 30, 2026, the Company was in compliance with all of its financial covenants under its credit agreements and the Company expects to remain in such compliance.
- The Company believes that its cash on hand, available borrowing capacity under the senior unsecured revolving credit facility, cash flows from operations, and access to additional capital in the debt markets will provide sufficient liquidity to meet the expected future operating, investing, and financing needs of the business.
- The Company is generally targeting to recycle these investments within a five year period, and expects our outstanding investments to not exceed $1.2 billion at any point in time based on the current board of directors' authorization.
Choice Hotels International's latest quarter
Choice Hotels International, Q3 2026: revenue $458M (+2% year over year), operating margin 23.2%, net earnings $57.9M, operating cash flow $54.6M. The chart follows the revenue to costs, profit and cash.
Questions
Did Choice Hotels International raise or lower its guidance?
Choice Hotels International (CHH) raised some and lowered other parts of its guidance on Nov 2, 2026: Net income $178M–$185M for FY2026; EPS $3.92–$4.07 for FY2026; Net income $315M–$322M for FY2026; EBITDA $1.0M for FY2026.
What does Choice Hotels International expect?
We believe that healthy brands, which deliver a compelling return on investment, will enable us to sell additional hotel franchises and raise royalty rates. Maximizing Financial Returns and Creating Value for Shareholders - Our capital allocation decisions, including our capital structure and the uses of capital, are intended to maximize our return on invested capital and create value for our shareholders. We do not anticipate owning hotels on a permanent basis and we expect to target dispositions to a franchisee encumbered with a long-term Choice franchise agreement in the future.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.