---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-184992"
form_type: "8-K"
ticker: "CHH"
cik: "0001046311"
company_name: "CHOICE HOTELS INTERNATIONAL INC /DE"
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T09:46:22.819106+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Choice Hotels reaffirms 2023 outlook, projects >10% adjusted EBITDA growth in 2024

## Summary
- Reaffirmed full-year 2023 guidance; 2024 adjusted EBITDA growth >10% at midpoint, driven by ~$20M incremental Radisson contribution.
- Radisson integration achieved ~$80M annual recurring synergies, exceeding original target; ahead of schedule with ~600 hotels onboarding by Q3.
- Opened 107 hotels YTD through June 30, 2023, up 39% YoY; upscale openings +83%, extended stay +50%.
- Repurchased ~1.8M shares for >$220M in H1 2023; 2.8M shares remaining under authorization.
- Radisson expected to contribute >$60M adjusted EBITDA in 2023, growing to >$80M in 2024.

## SEC filing metadata
- accession: 0001193125-23-184992
- form_type: 8-K
- ticker: CHH
- cik: 0001046311
- company_name: CHOICE HOTELS INTERNATIONAL INC /DE
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046311/000119312523184992/0001193125-23-184992-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046311/000119312523184992/d473606d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-184992
- JSON: https://secwatch.observer/filing/0001193125-23-184992.json
- Plain text: https://secwatch.observer/filing/0001193125-23-184992.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.