Choice Hotels - M&A Summary and Business Overview

RestaurantsCompany

Choice Hotels M&A Summary

Choice Hotels has acquired 3 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Choice Hotels’ largest acquisition to date was in 2022, when it acquired Radisson Hotel Group Americas for $675M. Choice Hotels has acquired in 2 different US states. The Company’s most targeted sectors include leisure (67%) and restaurants (34%).

Choice Hotels Business Overview

Where is Choice Hotels headquartered?

Choice Hotels is headquartered in Rockville, Maryland.

What is Choice Hotels’ revenue?

Choice Hotels disclosed revenue of 1,402M USD for 2022 and 1,069M USD for 2021.

How many employees does Choice Hotels have?

Choice Hotels has 1,789 employees.

What sector is Choice Hotels in?

Choice Hotels is a restaurants company.

When was Choice Hotels founded?

Choice Hotels was founded in 1939.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

Choice Hotels

Choice Hotels International, Inc.

1 Choice Hotels Circle, Suite 400,
Rockville, Maryland 20850
United States,
(301) 592-5000
www.choicehotels.com

Choice Hotels is an hotel company operates over 6,500 hotels franchised in more than 40 countries and territories, Choice Hotels International represents more than 500,000 rooms around the globe. As of September 30, 2017, over 800 hotels were in our development pipeline. Our company's Ascend Hotel Collection®, Cambria® Hotels, Comfort Inn®, Comfort Suites®, Sleep Inn®, Quality®, Clarion®, MainStay Suites®, Suburban Extended Stay Hotel®, Econo Lodge®, Rodeway Inn®, and Vacation Rentals by Choice Hotels™ brands provide a spectrum of lodging choices to meet guests' needs. Choice Hotels was incorporated in 1939 and is based in Rockville, Maryland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - - 1 - - 3
vol $462M $675M $1.1B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Radisson Hotel Group Americas 2022-06-13 675M USD Divestiture
St Louis Park, Minnesota · www.radissonhotelsamericas.com
WoodSpring Hotels Holdings LLC - WoodSpring Suites Brand and Franchise Business 2017-12-18 231M USD Divestiture
Wichita, Kansas
WoodSpring Hotels Holdings LLC 2017-12-18 231M USD Add-on Acquisition
Wichita, Kansas · www.woodspringfranchise.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
WoodSpring Hotels Holdings LLC 2017-12-18 WoodSpring Hotels Holdings LLC - WoodSpring Suites Brand and Franchise Business 2017-12-18 1
Wichita, Kansas · www.woodspringfranchise.com Wichita, Kansas

M&A by Sector

Sector Buy # Value Sell # Value
Leisure 2 (67%) 906M (80%) - -
Restaurants 1 (33%) 231M (20%) - -
Total 3 $1.1B - -

By Geo

State/Country Buy Value Sell Value
United States 3 1.1B - -
  Kansas 2 462M - -
  Minnesota 1 675M - -
Total 3 $1.1B - -

Top M&A Advisors

Financial Deals
Moelis & Co.
 2
Credit Suisse Investment Banking
 1
Legal Deals
Willkie Farr & Gallagher
 3

Deal Values

buy # Total
$100M to $1B 3 $1.1B
TOTAL $1.1B
Largest Radisson Hotel Group Americas
$675M (2022-06-13)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

Company Summary

SECTOR

Restaurants

Revenue

1,402   32% 2022
1,069   39% 2021
774   31% 2020
1,115   8% 2019
1,041   4% 2018
1,007   9% 2017
925   8% 2016
860   14% 2015
758   2014
(millions of USD) Show More Show Less

Employees

1,789

Established

1939

Public

NYSE: CHH

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