10:29 AM EDT, 08/06/2025 (MT Newswires) -- Choice Hotels International ( CHH ) said Wednesday that it has acquired the remaining 50% stake in Choice Hotels Canada from long-time joint venture partner InnVest Hotels.

The move fully consolidates Choice Hotels International's ( CHH ) investment in the Canadian market and marks a shift from a master franchising model to a direct franchising approach in Canada, the company said.

The transaction, completed in July, was valued at about $112 million and was funded through the company's available cash and credit facility, according to the statement.

Choice Hotels Canada is expected to generate $23 million of fee revenue and $18 million in earnings before interest, taxes, depreciation and amortization in 2025, the company said, adding that Choice Hotels Canada Chief Executive Brian Leon will continue to lead the Canadian operations.

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