HotelNewsNow.com (HNN)

Choice Hotels International plans to quickly expand its vacation rentals platform currently in beta testing. CEO Steve Joyce said a sharing economy/alternative accommodations presence is a distinct possibility for the company. Choice Hotels International is on the doorstep of launching a platform that would allow consumers to rent units from third- party vacation rental management companies, and CEO Steve Joyce wouldn’t rule out the potential for the company to eventually enter the sharing economy/alternative accommodations space à la Airbnb.

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