Valuation concerns and revenue slump drive downgrades to Choice and Sunstone Hotels

Jan. 14, 2025 2:38 PM ETChoice Hotels International, Inc. (CHH) Stock, SHO StockMAR, H, HLTBy: Amy Thielen, SA News Editor1 Comment
(2min)

Klaus Vedfelt

Morgan Stanley turned bearish on two hotel stocks, citing declining revenue per available room (“RevPAR”) and valuation mismatch for its downgrade of Choice Hotels (NYSE:CHH) and Sunstone Hotel Investors (NYSE:SHO) to Underweight from Equal Weight.

As the hotel chain loses

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