Choice Hotels International Completes Acquisition of Radisson Hotels Americas for $675M from Radisson Hotel Group

Choice Hotels International | August 11, 2022

ROCKVILLE, Md., Aug. 11, 2022 -- Choice Hotels International, Inc. (NYSE: CHH) today announced that it has completed the acquisition of the franchise business, operations and intellectual property of Radisson Hotels Americas for approximately $675 million from Radisson Hotel Group, inclusive of the real estate value of three owned hotels. Choice Hotels International, Inc. today announced that it has completed the acquisition of Radisson Hotels Americas. With the close of this transaction, Choice Hotels International has added approximately 67,000 rooms, expanding its presence in the higher revenue upper upscale and upscale full...