Choice Hotels International, Inc. CHH
NYSE · United States · Consumer Services
$102.41-1.84 (-1.76%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
In a deal valued at approximately $130 million, Choice will acquire 100% of the RV membership company as it pursues growth in the rapidly expanding outdoor hospitality space.
Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today announced it has entered into an agreement to acquire Harvest Hosts, a community-oriented RV travel membership company, extending Choice Hotels' long-standing focus on serving value-conscious travelers into the outdoor travel market. Choice Hotels is acquiring 100% of Harvest Hosts from Stripes, a New York-based growth equity firm and other shareholders.
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