NEWS PROVIDED BY Choice Hotels International, Inc. 13 Dec, 2023
NORTH BETHESDA, Md., Dec. 13, 2023 /PRNewswire/ — Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest and most successful lodging franchisors, announced today that it has completed the integration of the Radisson Hotels Americas business, transitioning nearly 600 hotels to Choice’s world-class franchise success system and digital platforms.
The milestone comes just 16 months after Choice acquired the Radisson Hotels Americas brands in August 2022.
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Choice helped legacy Radisson properties realize a meaningful reduction in fees through integration synergies, successfully negotiating new terms with key third-party distribution partners and uncovering annual operating savings potential of up to ~$35k – $40K for Radisson hotels that used Choice’s Your Key to Profit program.
