NORTH BETHESDA, Md-- Choice Hotels International, Inc. ('Choice' or 'the Company') (NYSE: CHH), a leading global lodging franchisor with an asset-light model, today reported results for the second quarter ended June 30, 2026.
Highlights include:
Net income was $64 million, or $1.41 per diluted share, for the second quarter.
Adjusted EBITDA totaled $175 million, and adjusted diluted EPS reached $2.02 for the second quarter.
U.S. room openings increased 27% in the second quarter compared to the same period of 2025, as the Company opened approximately 6,400 U.S. rooms-the highest second-quarter level since 2019, while exits declined to their lowest second-quarter level since 2020, supporting continued improvement in U.S. net rooms growth.
Global net rooms grew 2.6% compared to June 30, 2025, driven by 3.6% growth in the higher revenue extended stay, midscale, and upscale brands.
U.S. RevPAR increased 1.3% in the second quarter, compared to the same period of 2025, reflecting improvements in both occupancy and rate.
U.S. franchise agreements awarded increased 30% in the second quarter compared to the same period of 2025, representing approximately 9,400 new U.S. rooms for development.
The Company's U.S. conversion rooms pipeline grew 24% to 24,100 rooms, compared to June 30, 2025, and 6% sequentially from March 31, 2026.
The U.S. royalty rate expanded 11 basis points to 5.2% in the second quarter, compared to the same period of 2025.
The Company returned $139 million to shareholders through dividends and share repurchases year-to-date through June 30, 2026.
The Company raised several full-year 2026 guidance ranges.
'Our second quarter results reflect encouraging progress across our key priorities, with U.S. net rooms growth improving for the second consecutive quarter to its strongest first-half performance since 2021 and U.S. RevPAR trends strengthening,' said Dom Dragisich, Interim Chief Executive Officer. 'Over the past several years, we've built a stronger commercial engine and technology platform, and we continue to invest in both. Our biggest opportunity now is sharpening execution-leveraging those capabilities to further enhance franchisee economics by increasing the number and quality of the guests we deliver while lowering operating costs. While we still have work to do, this business has significantly more potential, and I'm confident we can realize it. The progress we delivered this quarter reinforces that confidence.'
Financial Performance
https://media.choicehotels.com/2026-08-05-CHOICE-HOTELS-INTERNATIONAL-REPORTS-SECOND-QUARTER-2026-RESULTS
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