Record Adjusted EBITDA
Adjusted EBITDA reached $165 million, representing a 2% increase year-over-year, with a 10% growth in international adjusted EBITDA.
International Expansion Success
International rooms portfolio expanded by 5%, highlighted by a 15% increase in hotel openings and a significant 11% increase in the rooms pipeline.
Strategic Acquisition in Canada
Acquired the remaining 50% interest in Choice Hotels Canada, transitioning to a fully direct franchising model and expanding the brand offering in the region.
Extended Stay Segment Growth
Extended stay room system size expanded by over 20% over the past 5 years, with the segment's pipeline comprising half of the total domestic rooms pipeline.
Awards and Recognitions
Choice Privileges was named the Top Hotel Rewards Program by U.S. News and World Report and WalletHub.