Shortly after Wyndham Hotels & Resorts pulled its 2020 guidance Tuesday, Choice Hotels followed suit, joining Hilton Worldwide, Hyatt Hotels Corp. and several lodging real estate investment trusts. On the company's fourth quarter and full-year 2019 earnings call on Feb. 18, Choice had expected both first-quarter and full-year revenue per available room to hold steady or decline up to 2 percent. Full-year, net-unit growth was anticipated to be between 1.5 percent and 2.5 percent, and net income was projected to range between $201 million and $208 million.
RELATED: Choice Q4 and 2019 earnings