Choice Hotels International, Inc.

+1.09 (+0.98%)
Earnings Announcements, Mergers / Acquisitions

Choice Hotels International To Acquire Radisson Hotel Group Americas

Published: 06/13/2022 10:43 GMT
Choice Hotels International, Inc. (CHH) - Choice Hotels International to Acquire Radisson Hotel Group Americas.
Choice Hotels International Inc- Acquisition Will Be Funded With Cash on Hand and Revolver Borrowings.
Choice Hotels International - Deal for For Approximately $675 Million.
Choice Hotels International - Radisson Hotel Group to Continue Growing and Managing Radisson Business in Emea and Apac.
Choice Hotels International- Deal Not Anticipated to Change Co' Current Capital Allocation Strategy Related to Dividend Payment Policy, Planned Share Repurchases.
Choice Hotels International - Will Independently Own, Control Radisson Brands in Americas.
Revenue is expected to be $323.5 Million
Adjusted EPS is expected to be $1.45

Next Quarter Revenue Guidance is expected to be $338.4 Million
Next Quarter EPS Guidance is expected to be $1.58

More details on our Analysts Page.