Choice Hotels Signs Development Agreement with GVK Enterprises for Five Hotels in Greece

Choice Hotels | December 19, 2016

ROCKVILLE, Md., Dec. 19, 2016 -- Choice Hotels International, Inc. (NYSE: CHH) announced today it has signed a multi-unit development agreement with GVK Enterprises, a hospitality management and development firm, to introduce and establish a hotel portfolio in Greece. Choice anticipates the first property under the agreement will open by the summer of 2017 under the Comfort® brand flag in Athens, and four additional properties will be developed on the Greek mainland and islands under the Comfort®, Quality® and Clarion® brands. "We are thrilled to be expanding our European portfolio to Greece, an important travel and...