CHH Choice Hotels International Inc

Overview of the Recent Transaction On August 31, 2024, Baron Capital Management, led by Ron Baron (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 4,778,814 shares of Choice Hotels International Inc (NYSE:CHH). This transaction, executed at a price of $127.59 per share, reflects a strategic move by the firm to bolster its holdings in the travel and leisure sector. Following this acquisition, the firm's total stake in CHH now stands at a substantial 10.12% of its portfolio, marking a notable commitment to the company.

Choice Hotels International (NYSE:CHH) filed a prospectus related to revolver commitment boost to $1B from $850M. Filing More on Choice Hotels Choice Hotels: Positive Read-Throughs From Travel Surveys And Shareholder Meeting Choice Hotels announces pricing of senior notes offering Choice Hotels Q1 2024 Earnings Preview

Baron Funds, an investment management company, released its “Baron Asset Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. Declining interest rates and investors’ increasing confidence that there won’t be a hard-landing economic recession were both influenced by moderating inflation and improving labor market conditions. This bullish outlook fueled investor […]

In order to boost value for owners and repeat stays from guests, Choice Hotels (CHH) plans to redefine and enhance five brands across its upscale and upper upscale portfolio.