Lodging
Choice Hotels International properties increased third-quarter average daily rate by 2.7 percent year over year
and occupancy by 1.8 percentage points to 65 percent. ADR during the quarter increased between 2 percent and 4 percent for most Choice brands and by 5.4 percent at the extended-stay MainStay Suites brand. The company's net income for the quarter was $44.4 million, up from $42.3 million in the same period last year.