Conference Good Call. Choice XXXX Hotels you. Third to morning, welcome Earnings and Thank Quarter
report special Financial Joining quarter me earnings Dominic is performance, We're by of year-over-year another this $X.XX, to highlighted Dragisich, our excellent XX% Officer. per pleased Chief share, items, morning reported a increase. diluted adjusted of for
end Our share. expectations adjusted of with guidance third by and our share our exceeded diluted increase, adjusted quarter an earnings XX% top results our $X.XX EBITDA previous per year-over-year per the exceeded
expectations. effective size also rate XX Plus, point increase trajectory its of continues the growth growth our to basis impressive XXXX. royalty Our quarter our third over system with a continued meet
was previous While will RevPAR than and detail. in impacts, which guidance, by driven our short-term more performance this cover Dom was onetime domestic lower our
the us call what I guidance and as by year and RevPAR third growth. a year, and a per growth with fourth outlook, about and at It's us month share guidance X% we that we lay future full adjusted October. $X.X the earnings pleased apart solid our the year successful. thought sets fourth midpoint reflecting our And increase strong in bounce already President my and EBITDA adjusted seen raised what by continued We results expect a first you back have at since year-over-year on makes on Based announce to of quarter for to CEO. performance strong midpoint. in for quarter past are earnings $X.XX quarter the the These have foundation raised financial million been
both from ways, brands brand, family are our of a brand extension to segments. the mid-scale and First, transforming in and number launching extended-stay well-segmented strengthening growing a proven upscale our largest in of new we to
a having Second, we're franchisor. incredible success as
we agreements. In a year track franchise measured public of domestic have best development fact, our by are the company new as on number as to
and community. Clarion We tailored WoodSpring to top has we revenue line this building, though quarter, Clarion run development Pointe; we're results. and have morning. brand only Comfort. the four brand I'd two profitable by Cambria; highlight driving the the transforming, that Third, my we launched our pipeline acquired there growing, this Even just agreements the received new we significantly a over Pointe resources in our Suites; by awarded already The it help franchisee well dozen businesses February in brand date. proven are the have brand development owners franchise extension we line with On and provide first announced to Pointe we're in point, September, weeks like and left their we XX brand Clarion brands, to the bottom the been and nearly launched, our
open to quarter of expected in is Pointe the Clarion first The first XXXX.
hotels. social in X,XXX guests hotels known Clarion the is both Clarion parent its markets and the to and the but differs deliver that of hearing global has are believe focused potential for we and for more rates that exactly on that and occasions. in a and strong for Clarion opportunity, development service seeking. is on what opportunities brand we limited hotel amenities Clarion Pointe brand, potential guest full-service expectation food our limited-service and ways. same this new sizing capture pipeline. is why of already and operators. fits Whereas Clarion catalyst Pointe space to enabling equity are Clarion the guests today's is and travel Pointe beverage select-service the We and a demand When time, developers we meeting This higher the a event leverages popular supporting universe mid-scale the segment, concept Clarion Pointe developer significant, mid-scale with Pointe to the corporate over owners important is is a option, from further responded rate At savvy gatherings the conversion to and that
by WoodSpring Next growing year. of next XXX is brand is and to had acquired have our which it recent when the Suites, XXX rapidly. We the expect acquisition, hotels beginning
As we of record entire through already WoodSpring contracts, awarded the which brand's awarded we in we've Seattle, quarter. hotels for growth an Detroit. have accelerate were is opened top means markets the WoodSpring to new WoodSpring contracts Charlotte Year-to-date like this XX, of XX, XX XXXX. expected And XX exceeded in XX This Chicago, September September and in new third in year.
to QX, developer a in finalized Additionally, X have more next over the agreement we build additional with WoodSpring an years. XX Suites than
we're brand the Turning building. now to
growth upscale component for X our an important strategy is brand Our of Cambria reasons.
pleased and Hotel with end First, Cambria, upscale favorably. developer along Ascend At Collection, third nearly the of guest quarter, footprint Ascend in demand. allowed us and upscale Cambria been and opened expand over have to that We're meet the has rooms we XX,XXX to so our the have globally. XX,XXX U.S. the received
bottom to a also our significant is Cambria Second, line. contributor
consider driver next more average Xx as upper open our fact, what average When Comfort see as hotels expect important an Hotel XX we gross brand year, for than is an you it's easy much Inn. produces Cambria to to room that the In revenue Choice. mid-scale Cambria have
support its are committed and Cambria's are We fully growth. capital success to deploying strategically continued to
has which and of Hotels, we've markets our the Comfort I Boston, to through we year. projects. for across expect been are is want these, our set is Houston, franchisees. By openings Cambria transforming end Cambria our pipeline final result, total $X.X open this hotels, Of investment will a on upscale The XXth Minneapolis, Cambria long-term Milwaukee, a construction to Hotel. XX XX,XXX Clara the straight year, like XX add highlight with second a track active a nearly record of for As rooms Santa Napa. flagship brand to billion which
After finish public renovations, the space updating hotel's new journey final we and with of transformation real Comfort digital hotels involves track on logo, signage channels The a the the on and in the room effort. the the display multiyear signage, line completed this approaching step they've which guest property and in both can't are until May. unveiled renovations, across hotels steadily complete is new incentive. which the We
Comfort our consumers higher Our data promising daily that pay investments in the be sign. new to saw combined mid-scale the show pay experienced when willing this completed with quarter which renovations they that third research by their basis points. the by average growth of the upper the reveal will Hotels RevPAR hotels off. first outpaced rate XX the segment X.X%, And brand quarter updated would of a long-term end this year to
construction existing Hotels, Comfort adding emphasis placing to new hotels renovating Comfort to also system. on we're addition In the
XX% September of we've the pipeline Of are are of awarded the The This well year. of to us the XXX period we increase increase awarded. As strategic the of in portfolio the record-setting a September a which Year-to-date will brand is year franchise record put in that into and new domestic development development new has XX% awarded This the for the agreements brand franchise XXXX. domestic investments of XX, on agreements, properties, XX, future. quarter the our XXX over same were these, invigorate indicates brand's a construction. nearly performance decisions prior terms XX% track third brands. XXX third of over related making nearly quarter, right power through our
highest we them Choice now One our franchisees' of over to running owners population new to members. which successful resources to ever it's our is program has offer XX our Choice is million aimed top loyalty revenue program, ability at because reasons active our Privileges The fast, is the and been. are growing businesses. is line Central drawn drive the
U.S.-based, nonmembers. program and these million members are more stays in our this Choice added us travelers they with year more hotels. through during domestic than more third frequent the each longer, end XX% loyalty We the spend have stay nearly stays, higher of quarter. stay continue over stay X,XXX rate Further, do only members our their to X so book members Not Privileges than of
we You've close only enjoy franchisees. a retention a franchisee the do voluntary rate through before or that with new contracts particularly signed Not relationship we of were heard midyear of half with our existing have owners. say me but XX%, returning
keep we behavior. up such One with major strategy and consumer satisfied of support have refining distribution our owners to always evolving the profitability their we're reasons because is
complete like For example, of for than enables a Travelers easier to third-party ever can our also a best guests is Google directly is of credentials. a enabling their Google. than booking who commission at on lower Choice recently on on reap other win-win rates alike. hotel-branded benefits us now our our saved hotel This Google by properties direct, using reservation many Book owners room and also It the will Google data. Book for customer owners, booking own sites. made
online feature more bookings. minimize this drop-off, and Additionally, helps guests seamlessly better it and to book means for conversions makes to which easier
In our franchisee performance addition like to update unparalleled international and to our proven growth. brands, franchisee standout with on an close resources, I'd
year under hotels already hotels are XX travel East construction. long-term the this quarter, Choice-branded exciting focus a Middle announced tranche seven largest represent under broader made of multiunit and to region. in an and the In for to tourism developers These our against on in which of the affiliate hotels the bring of strategy strategic four brands, Quality one of high-quality the strategy third have executing Middle We Comfort markets. international and our East the first open we in progress plans to agreements new with to operators companies
total expansion this our Comfort In rapidly France hotels XX XX And of footprint hotel these, and planned the October. XX addition, through openings have we in we of already international recently Latin We're across adding portfolio end nearly the expanding America European X,XXX Spain, for of opened our of by where a have announced year. rooms.
Mexico is Spain entering XX Choice's to over footprint to September, years. more and City Mexican across are pleased Brazil, Sercotel and also fund of multiunit of Latin for contributing mix agreement of alliance Guadalajara slated expected a Spain than addition agreement Sleep new Panama private more growth. size Inn next brands. time, hotels markets America. for in Sleep signed open hotels our in the to country. with country triple the and expected and the X,XXX even a with equity Inn's five we a The we're is announced by Mexico poised openings half add Ecuador, top more In performance than In Colombia like to year-end previously develop first in in the our and rooms closing, and the XX In to that construction with
strategy. clear a have We
by CFO, shown our we We Dom? are development investing now with our franchisees which turn for excels brand in helping that results. best-in-class growing resources. our has And impressive results. franchisor proven over as Dominic asset-light I'd at to more portfolio, hotels been our specifics share well-segmented, an it on like who'll never profitable financial Dragisich, demand are our to run higher,
