Choice Hotels International acquires Harvest Hosts for $130M, aiming to leverage RV travel data and cross-sell to its loyalty base. CHH maintains FY 2026 adjusted EBITDA guidance of $635–$650M and buybacks of $175–$225M, with post-deal leverage at ~3.4x EBITDA. Valuation scenarios yield a midpoint price target of $122.68 (~20% upside), supporting a 'Buy' rating versus Wall Street's 'Hold.'
Choice Hotels is acquiring Harvest Hosts for about $130 million, expanding into RV travel and extending its asset-light strategy beyond traditional lodging.
Choice Hotels International, Inc. (CHH) Presents at Bank of America Gaming and Lodging Conference 2026 Transcript
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Dominic Dragisich CEO | XDUS Exchange | US1699051066 ISIN |
| US Country | 1,754 Employees | 1 Oct 2026 Last Dividend | 24 Oct 2005 Last Split | 16 Sep 1997 IPO Date |
Choice Hotels International, Inc., with its broad network of subsidiaries, stands as a prominent hotel franchising entity, both in the U.S. and on an international platform. The company's operations are divided into two primary segments: Hotel Franchising & Management and Corporate & Other. Since its establishment in 1939, Choice Hotels has laid down its roots in North Bethesda, Maryland, from where it oversees a portfolio of lodging properties franchised under a variety of respected brand names.
Choice Hotels offers a diverse spectrum of lodging options through its franchising model, catering to a variety of customer needs and preferences: