secwatch.observer — SEC 8-K summary
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Issuer:     CHOICE HOTELS INTERNATIONAL INC /DE (CHH)
CIK:        0001046311
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001046311-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Choice Hotels reports record 2021 net income $289M, adjusted EBITDA $403.6M; RevPAR beats 2019 levels
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- Full-year 2021 net income $289M ($5.15 diluted EPS), a company record; adjusted EBITDA $403.6M, margin 74.7% (520 bps increase vs 2019).
- Domestic systemwide RevPAR growth +2.2% vs 2019, exceeding guidance by 120 bps; Q4 RevPAR +13.9% vs 2019.
- Full-year domestic franchise agreements up 24% YoY; awarded 528 agreements, 83% for upscale/midscale/extended-stay.
- Quarterly dividend increased 6% to $0.2375 per share effective Jan 2022; expects $53M dividends in 2022.
- Extended-stay portfolio reached 474 hotels; pipeline over 340 hotels; Q4 extended-stay RevPAR +24.7% vs 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046311/000104631122000005/0001046311-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046311/000104631122000005/chh-20220216.htm
  HTML page:      https://secwatch.observer/filing/0001046311-22-000005

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