Choice finalizes Radisson America purchase, adds nine brands

Choice Hotels International has completed the acquisition of Radisson Hotels America for approximately US$675 million.

The deal, first announced in June, includes the purchase of Radisson Hotel Group’s franchise business, operations and intellectual property in the US, Canada, Latin America and Caribbean region, expanding Choice’s portfolio with nine new brands and an estimated 67,000 rooms. Includes extension.

This acquisition gives Choice a greater slice of the higher revenue upper upscale and upscale full-service segments, and strengthens its core upper-midscale hospitality segments, particularly in the US West Coast and Midwest.

“This transaction brings together two highly complementary businesses, enhancing our guest offerings in the core upper-midscale hospitality segment, while also increasing our guest offerings in the core upper-midscale hospitality segment,” said Choice Hotels President and CEO, Choice Hotels. Extends our reach in full-service segments and high revenue geographies.” , Patrick Pesius said, when the deal was first announced.

Choice will now own and operate Radisson Blu, Radisson, Radisson Individuals, Park Plaza, Radisson RED, Country Inn and Suites by Radisson, Park Inn by Radisson, Radisson Inn and Suites and Radisson Collection in the United States.

Choice said it looks forward to working with Radisson to accelerate the growth of these global brands.

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