Choice Hotels 2Q Profit Climbs 5.9%, Raises Low End Of Yr View | wsj.com

Choice Hotels International Inc.'s (CHH) second-quarter profit jumped 5.9% as the hotel-chain operator's revenue increased more than expected. Corporate travel and overseas demand have helped strengthen the hotel industry as a whole, but Choice Hotels--whose strongest presence is in the U.S.--had been lagging as domestic recovery has been slower than abroad.