Choice Hotels (CHH) announced the acquisition of the remaining 50% stake in Choice Hotels Canada from long-time joint venture partner InnVest Hotels, thereby transitioning from a master franchising model to a fully direct franchising model in Canada. This strategic move underscores Choice Hotels’ deep commitment to the Canadian market and its franchisees and its confidence in the strength of the in-country leadership team. The transaction, completed in July 2025, was valued at approximately $112M and was funded through available cash and the company’s existing credit facility. Management expects the total Choice Hotels Canada business to generate approximately $23M of fee revenue and $18M in EBITDA for full-year 2025.
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Read More on CHH:
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