Choice Hotels International Completes Acquisition of Radisson Hotels Americas
ROCKVILLE, Maryland—Choice Hotels International, Inc. 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. 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-service segments, and bolstering its core upper-midscale hospitality […]
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