Choice Hotels is outpacing its competitors when it comes to a key revenue metric, and CEO Steve Joyce expects that momentum to continue.
If high-end shoppers stay away, it is unwelcome news for Nordstrom, says Wall Street. Travel, leisure and home appliance spending may be detracting from luxury retail.
Fresh off a better than expected second quarter, Choice Hotels CEO Stephen Joyce says his hotels are continuing to take market share from the competition.
Hotels are giving off concerning signals.