Your 2026 Budget Is Already Wrong by 8-15% on Energy Alone
January's 2.4% CPI print looks calm. The forward cost structure for hotel owners does not.
January's 2.4% CPI print looks calm. The forward cost structure for hotel owners does not.
When travel and tourism brands take public political positions, the person who pays the price isn't the CMO drafting the statement. It's the franchisee in a divided market whose guests just got a reason to book somewhere else.
Choice is selling Wall Street a growth-through-mix story while selling owners a RevPAR story. The franchise agreement doesn't care which narrative wins.