Choice Hotels CEO: We're a Buyer, Not a Seller

Choice Hotels CEO: We're a Buyer, Not a Seller

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Business

University

Hard

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The transcript discusses a company's strong quarterly performance, driven by strategic actions with franchisees, a focus on leisure business, and new unit additions. The company is gaining market share and expects continued growth in the fourth quarter despite a sluggish economy and reduced business travel. Consolidation in the industry is noted, with the company open to expansion opportunities. Hiring plans are underway, with a focus on attracting talent through improved leave policies and addressing wage pressures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding the economy and business travel?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to attract and retain talent?

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