WoodSpring Suites

ROCKVILLE, Md., June 3, 2019 /PRNewswire/ – Following a record-breaking 2018, WoodSpring Suites has started 2019 with coast-to-coast expansion as one of Choice Hotels International, Inc.'s (NYSE: CHH) fastest-growing brands. WoodSpring has gained especially strong traction in the western U.S., where Choice has ample room to grow in the extended-stay segment.

"Every month since the acquisition, WoodSpring Suites has delivered for Choice and our owners, who appreciate the brand's operating model, franchisor support, and return on investment," said Ralph Thiergart, vice president and general manager, extended stay brands, Choice Hotels. "We're particularly pleased that a dozen extended-stay hotels have already opened this year—several of which expand our footprint in the western U.S."

The WoodSpring brand is progressing steadily toward its goal of 300 hotels open across the U.S. by the end of next year. Through May 2019, WoodSpring has opened the following hotels:

The extended-stay brand continues to draw strong interest from developers across the country. In the first quarter, Choice awarded seven WoodSpring franchise agreements and increased the brand's pipeline by 22% to 110 hotels.

"Since the Choice acquisition, the WoodSpring brand has taken off with developers and shows no sign of slowing down," said Ron Burgett, vice president, extended stay hotels development, Choice Hotels. "We're proud to bring our proven extended-stay brand to more markets and expand WoodSpring's footprint across the nation."

WoodSpring Suites hotels are purpose-built for the unique needs of extended stay travelers. Hotels offer suites with in-room kitchens and full-size refrigerators in addition to amenities like fitness centers, guest laundry rooms, and complimentary Wi-Fi.

To learn more about WoodSpring Suites, visit www.woodspring.com/ourbrand/.

About Choice Hotels®

Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories as of September 30, 2022, the Choice® family of hotel brands provides business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upper upscale, upper mid-scale, midscale, extended-stay, and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit www.choicehotels.com.

© 2023 Choice Hotels International, Inc. All rights reserved.

SOURCE Choice Hotels International, Inc.

Forward-Looking Statement

This communication includes "forward-looking statements" about future events, including anticipated 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.

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].

© 2023 Choice Hotels International, Inc. All rights reserved.