Source: Choice Hotels International, Inc

ROCKVILLE, Md. – Choice Hotels International, Inc. (NYSE: CHH) has signed agreements with Equinox Hospitality to develop three dual-brand Sleep Inn and MainStay Suites properties and two stand-alone Sleep Inn hotels. These midscale hotels will be built in the Phoenix metropolitan area and across California, and the first hotel is set to open in 2021.

"Choice offers hotel developers proven midscale brands that appeal to guests across the country," said Brian Quinn, vice president, head of development, new construction brands, Choice Hotels. "Strong demand for the Sleep Inn and MainStay Suites brands is clear: our domestic pipeline now includes nearly 300 hotels across the two brands. These agreements allow Choice's innovative midscale prototypes to reach even more travelers in new markets."

Equinox Hospitality is a premier hotel ownership, management, acquisition, and development company that was founded 25 years ago.

"These agreements are a perfect fit for us—not only is Choice Hotels a recognized leader in the midscale segment, but the company is committed to franchisee profitability," said Abdul Suleman, president and chief executive officer, Equinox Hospitality. "We're confident in the Sleep Inn and MainStay Suites brands' ability to exceed the expectations of travelers, no matter their stay occasion. We can't wait to open the doors of these brand-new properties and welcome guests visiting Arizona and California."

The Sleep Inn hotels will reflect the brand's Designed to Dream prototype, with a nature-inspired aesthetic, sleek, timeless design, an efficient footprint, and a low cost-to-build for owners. The MainStay Suites prototype features an open-concept design with polished, modern amenities that resonate with guests. The Sleep Inn and MainStay Suites dual-brand concept offers operational efficiencies and a diverse model that serves business, leisure, and extended-stay guests.

The Sleep Inn brand has nearly 400 hotels open in the U.S. and the MainStay Suites brand has more than 60.

For more information on Choice Hotels development opportunities, visit www.choicehotelsdevelopment.com.

About Equinox Hospitality

Equinox Hospitality is premier hotel ownership, management, acquisition, and development company. Equinox offers services that cover the entire life cycle of hotel and hotel related real estate asset. Services start from highest and best use analysis of the site to project development leading into operations including hotel asset management and owner's representation. Equinox's team is comprised of senior leaders from the industry and is known for their extensive multi-disciplinary expertise.

Forward-Looking Statement

This communication includes "forward-looking statements" about future events, including hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other "Risk Factors" described in our Annual Report on Form 10-K, any of which could cause actual results to be materially different from our expectations.

Addendum

This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 1 Choice Hotels Circle, Suite 400, Rockville, MD 20850, [email protected].

© 2019 Choice Hotels International, Inc. All rights reserved.

About Choice Hotels®

Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in the upscale segment and a leader in midscale and extended stay, Choice® has over 7,500 hotels, representing more than 630,000 rooms, in 46 countries and territories. A diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay and economy enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit www.choicehotels.com.

Forward-Looking Statements This communication includes "forward-looking statements" about future events, including anticipated development and hotel openings. Such statements are subject to numerous risks and uncertainties, including construction delays, availability and cost of financing and the other "Risk Factors" described in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, any of which could cause actual results to be materially different from our expectations.