Choice Hotels International, Inc. (NYSE: CHH) is a leading global lodging franchisor with a collection of 22 guest-first hotel brands. On August 11, 2022, Choice acquired Radisson Hotels Americas, adding nine brands and around 67,000 rooms to its portfolio in the United States, Canada, Latin America, and the Caribbean. As of August 11, 2022, Choice Hotels boasts more than 7,500 hotels and nearly 650,000 rooms in 46 countries and territories. The Choice® family of hotel brands offers a diverse range of high-quality lodging options, catering to both business and leisure travelers, from limited service to full-service hotels across various market segments. Headquartered in North Bethesda, MD with IT centers in Scottsdale, AZ and St. Louis Park, MN, Choice Hotels serves as a strong advocate for its franchisees worldwide. The acquisition of Radisson Hotels Americas reflects Choice Hotels' strategic expansion and diversification efforts, significantly enhancing its presence and offerings in key North and Latin American markets. This move not only amplifies the company's brand portfolio but also strengthens its position in the global hospitality industry, offering franchisees and stakeholders a broader platform for growth and success. As Choice Hotels continues to #MakeItYourChoice, the company provides an environment, tools, and momentum for both individual career development and organizational success.
There is no investment information
No recent news or press coverage available for Choice Hotels International.