CHH changes
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- Recent events
- added: Sep 30, 2026: Choice agreed to buy Harvest Hosts, a membership network for RV travel with more than 11,200 host locations, for an enterprise value of about $130 million in cash. Choice funds it with cash and its revolving credit facility. It expected the deal to close on October 1, 2026, and does not expect a material effect on its 2026 results or its share repurchase plans. Aug 31, 2026: Choice named Dominic Dragisich as President and CEO and as a director. He had been Interim CEO since May 20, 2026, and was the company's Chief Financial Officer from 2017 to 2023. The former CEO, Patrick Pacious, left the board. Aug 28, 2026: Choice signed a $500 million unsecured term loan with a maturity of August 28, 2029, at SOFR plus 1.25%. It expects to use the money for general purposes, including debt repayment. Aug 5, 2026: Choice reported Q2 2026 results. Adjusted EBITDA rose 6% to $175 million, and adjusted EPS rose 5% to $2.02. U.S. RevPAR rose 1.3%, U.S. room openings rose 27%, and global net rooms grew 2.6%. Choice raised its 2026 adjusted EBITDA guidance to $635 million to $650 million but lowered its net income guidance to $230 million to $241 million. May 20, 2026: Patrick Pacious stepped down as President and CEO and stayed as an advisor until August 31, 2026. The board named Dominic Dragisich, Chief Growth & Strategy Officer, as Interim CEO and started a search for a permanent CEO.