Choice Hotels Grows Presence in Latin America and Spain With 40 Hotel Openings in 2018
October 31, 2018 12:50pm
ROCKVILLE, Md., Oct. 31, 2018 -- Choice Hotels International, Inc. (NYSE: CHH) continues to expand its international footprint with 40 hotel openings planned this year in Latin America and Spain. This includes introducing the first Choice Hotels brands in Spain and Colombia, as well as opening hotels in Brazil, Ecuador, Mexico, and Panama, adding nearly 5,000 rooms.
This growth is highlighted by:
"We continue to expand and reach new markets all over the world– from Bogota, Colombia, and Cabo San Lucas, Mexico, to Sao Paulo, Brazil, and Barcelona and Madrid, Spain," said Mark Pearce, senior vice president, international division, Choice Hotels. "Our tremendous progress shows our international strategy is working. We continue to forge relationships with high-quality, multi-unit developers and operators for long-term agreements in strategic markets."
Along with the 40 openings this year, the international pipeline continues to grow. Choice Hotels Mexico recently signed an exclusive multi-unit agreement with SI Operaciones, a Mexican private equity fund, to develop 20 new-construction Sleep Inn hotels by 2023.
For more information on Choice Hotels international development opportunities, visit choicehotelsdevelopment.com/international.
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ascend hotel collection,
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest and most successful lodging franchisors in the world. With more than 6,800 hotels, representing more than 550,000 rooms, in over 40 countries and territories as of June 30, 2018, the Choice® family of hotel brands provide business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members benefits ranging from everyday rewards to exceptional experiences. Ascend, Ascend Hotel Collection, Clarion, Comfort, Comfort Inn, Quality Inn, Quality Suites and Sleep Inn are registered trademarks of Choice Hotels International. For more information, visit www.choicehotels.com.
Contact: Alannah Don
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