Choice Hotels International, Inc. · NYSE:CHH
Choice Hotels International — Q2 2022 Earnings Presentation
15 slides from Choice Hotels International's earnings presentation, Aug 4, 2022
Slide 1: Q2 2022 Earnings Results Presentation
Cambria Hotels, Calabasas, CA Q2 2022 Earnings Results Presentation August 4, 2022 1
Slide 2: Forward-looking Statements
Forward-looking Statements Certain matters discussed in this presentation release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of f
Slide 3: Table of Contents
Table of Contents 1 Quarterly Business Update 2 Financial Summary and Highlights 3 Appendix Ascend Hotel Collection, Hotel Petaluma, CA
Slide 4: Quarterly Business Update
Quarterly Business 1 Update Comfort Inn & Suites, Boise, ID
Slide 5: Second Quarter 2022 Performance Recap
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Second Quarter 2022 Performance Recap Domestic Results RevPAR Growth1 Franchise Agreements Pipeline3 +13% Outperformed industry by +360 basis points 122 Q2 Contracts +10% 910 vs. Q2 ’19 hotels Exceeded 2019 levels for awarded YoY ADR 14 consecu
Slide 6: Midscale
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Comfort Inn & Suites, CrossPlex Village, AL Comfort Inn & Suites, Hurricane, UT Clarion Pointe, South Boston, VA Midscale • Surpassed 2019 RevPAR levels since June 2021 and achieved 10.1% RevPAR growth1 • 6% YoY increase in the number of domest
Slide 7: Extended Stay
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Everhome Suites Prototype Exterior Rendering WoodSpring Suites Entrance Everhome Model Room Extended Stay • Surpassed 2019 RevPAR levels since April 2021 and achieved over 21% RevPAR growth1 Extended • Expanded domestic pipeline to over 360 uni
Slide 8: Upscale
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Cambria Hotels, Milwaukee, WI Ascend Hotel Collection, Hotel Petaluma, CA Cambria Hotels, Boston, MA Upscale • 880 basis point RevPAR growth outperformance versus the upscale chain scale1 Upscale • More than doubled the number of franchise agre
Slide 9: Financial Summary and Highlights
Financial Summary and 2 Highlights Cambria Hotel, St. Petersburg-Madeira Beach Marina, FL 9
Slide 10: Financial Performance Overview
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Financial Performance Overview Revenue & Profitability Balance Sheet & Liquidity $368M $106.2M $129.6M $1.43 Total Revenues Net Income Adj. EBITDA Adj. diluted EPS $1.2B +33% +32% +24% +16% +26% +17% Available liquidity vs. Q2 ‘21 vs. Q2 ‘21 vs
Slide 11: Appendix
4 Appendix Clarion Pointe, Sulphur Springs, TX 11
Slide 12: Non-GAAP Financial Measurements
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Non-GAAP Financial Measurements The company evaluates its operations utilizing the performance metrics of adjusted EBITDA, adjusted EBITDA margins, adjusted selling, general and administrative (SG&A) expenses, revenues excluding marketing and r
Slide 13: Reconciliation of Non-GAAP Measures
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Reconciliation of Non-GAAP Measures ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION ("EBITDA") ($thousands) Q2 2022* Q2 2021* Q2 2019* Net income $ 106,168 $ 85,882 $ 74,389 Income tax expense 35,958 25,972 19,765 Intere
Slide 14: Reconciliation of Non-GAAP Measures
QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX Reconciliation of Non-GAAP Measures ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE (EPS) ($thousands) Q2 2022* Q2 2021* Net income $ 106,168 $ 85,882 Adjustments: Loss on impairment of affiliate - - Gain on sale of affiliate - (1,9
Slide 15: Cambria Hotels photos
Cambria Hotels, Philadelphia, PA Cambria Hotels, Calabasas, CA Cambria Hotels, Chicago Theater District, IL Cambria Hotels, Downtown Phoenix, AZ 15
Choice Hotels International — Q2 2022 Earnings Presentation on 6ix