Insight
In Q2, Choice Hotels' RevPAR for upscale-and-above U.S. hotels rose 1.3% year-over-year, significantly underperforming the industry average of roughly 5%.
Choice Hotels’ New Interim CEO’s First Task: Fix the Revenue Gap
Summary
Choice Hotels' interim CEO notes a revenue gap in Q2, with RevPAR trailing industry averages across segments. This indicates market share loss, prompting a focus on closing this performance gap.
Key takeaway