Choice Hotels International Inc. recently published the transcript of its First Quarter 2025 Earnings Call, held on May 8, 2025. The event was attended by key company executives, including President and CEO Patrick Pacious, CFO Scott Oaksmith, and Investor Relations Senior Director Allie Summers. Analysts from BofA, Baird, Truist Securities, UBS, HSBC, and Morningstar also participated. During the call, CEO Patrick Pacious highlighted the company's strong start to the year, driven by strategic investments. He noted the importance of their new website and mobile apps, which have resulted in double-digit booking conversion rate increases for upscale properties. Pacious stated, "The momentum we've created from our strategic investments has carried forward into the first quarter." The call also underscored the growing market of retired travelers, with projections indicating that more than one in five Americans will be 65 or older by 2030. Furthermore, the 69th annual convention was emphasized as a significant business development opportunity, where the enthusiasm from franchisees about growth and future brand prospects was termed "remarkable." The full transcript can be accessed through the link below.
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