Industry Update
Appointment 9 February 2006

Elaine Clancy

Appointed Vice President, Corporate & Real Estate Development
At Choice Hotels International, Inc. in Rockville - MD, USA

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Elaine ClancyIn this new position, Clancy will identify and assess development opportunities in key markets for Choice's hotel brands, with an emphasis on evaluating and recommending investment strategies for the company’s new, select-service upscale brand, Cambria Suites. Ms. Clancy has more than 15 years of experience in real estate development, financing and investment banking. She joins Choice from Ferris, Baker Watts, Inc., where she was a senior vice president in the Real Estate Capital Markets Group. While at Ferris, Baker Watts, Ms. Clancy worked with a number of real estate investment trusts and real estate operating companies, completing over $1.5 billion in transactions.

Choice Hotels International, Inc.

Choice Hotels International, Inc. franchises approximately 6,200 hotels, representing more than 499,000 rooms, in the United States and more than 30 other countries and territories. As of December 31, 2012, 394 hotels, representing more than 31,000 rooms, were under construction, awaiting conversion or approved for development in the United States.
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Recent Appointments at Choice

Sarah Searls - Chief Customer Officer

21 November 2019 — Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, has promoted Sarah Searls to the newly created role of chief customer officer. As part of Choice's ongoing commitment to its customers, Searls will maximize how Choice understands and listens to customers and will connect these valuable insights with strategy to create exceptional customer experiences and value to franchisees.
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Raúl Ramírez - SVP of International Strategic Planning And Global Head Of Financial Planning And Analysis

5 November 2019 — In this expanded capacity, Ramírez will lead the financial and strategic long-range planning organizations for Choice's international division as well as the global financial planning and analysis and revenue assurance organizations.
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Vikas Bhalla - Chief Transformation Officer

24 September 2019 — As a key member of Choice Hotels' senior executive leadership team reporting directly to President and Chief Executive Officer Patrick Pacious, Bhalla will advance the company's data-driven culture and lead the corporate strategy, business transformation, and data analytics teams.
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