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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHH:
- Choice Hotels lowers FY25 adjusted EPS view to $6.88-$7.20 from $6.90-$7.22
- Choice Hotels reports Q2 adjusted EPS $1.92, consensus $1.90
- Choice Hotels International (CHH) Q2 Earnings Cheat Sheet
- Choice Hotels price target raised to $121 from $113 at Morgan Stanley
- Choice Hotels price target raised to $121 from $111 at Barclays