the company reported on Monday. ADR during the quarter increased across all Choice brands except for Clarion and Econo Lodge , both of which were down slightly, and the Ascend Collection, at which ADR declined 8.1 percent to $104.61
the company reported on Tuesday. ADR during the quarter was up across all brands except Econo Lodge , Clarion and Suburban Extended Stay Hotel. Companywide fourth-quarter occupancy increased by half a percentage point to 55
Inn brands. Choice is rebranding 46 properties, including 42 as Quality Inn hotels and two each as Comfort Inn and Econo Lodge hotels. An economy brand with a presence predominantly in the southern and southeastern United States, Jameson Inn
Average rates during the quarter were up at least 2 percent at all Choice brands except Clarion and Econo Lodge , which increased by less, and the Ascend Collection, where rates decreased by 4.3 percent. Occupancy increased by 2.6 percentage
the company would work with many of those owners at moving the hotels into Choice's economy brands, which include Econo Lodge and Rodeway Inn.</p><p>As of last September, Choice franchised 1,413 Comfort Inns and 616 Comfort Suites
, ahead of the $16.3 million net profit achieved a year earlier. Total revenues increased 12 percent to $128.9 million. The average daily rate across all brands--including Comfort Inn, Clarion and Econo Lodge --increased 4.5 percent to $69.19.
, effective May 1. Joyce currently serves as an executive vice president at Marriott International and has been tapped to succeed Choice CEO Chuck Ledsinger, who plans to retire in October. Choice encompasses such brands as Comfort Inn, Quality and Econo Lodge .
a third-place finish in 2007. <BR clear="none" /><BR clear="none" />Choice Hotels International's Econo Lodge brand, which was at the bottom of the tier last year, was in a close second, ranking highest for its ability to arrange
Choice—which includes such midprice brands as Comfort Inn, Comfort Suites and Quality Inn as well as economy brands Econo Lodge and Rodeway—was up 6.1 percent compared with 2005, including a 3.7 percent increase in the fourth quarter
, a 14 percent increase over the comparable 2005 period. Total revenues jumped 18 percent to $144 million. Choice, which operates such hotel brands as Comfort Inn and Econo Lodge , grew full-year 2006 net income by 29 percent to $112.8 million.