This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Choice Hotels International Opens 128 Hotels In Q4 2012









SILVER SPRING, Md., Feb. 13, 2013 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, announced a considerable amount of system growth with the addition of 128 newly opened franchised properties during the fourth quarter of 2012. Further, the company has executed a total of 214 new domestic contracts within the fourth quarter of 2012, a 67-percent increase over the same period of the prior year.

46 of these new additions, which previously operated as Jameson Inns, opened in mid-December under the Quality Inn, Comfort Inn and Econo Lodge flags across the southeast and midwest regions of the United States. These openings represented the largest single conversion transaction in the company's history, excluding the acquisition of an entire brand.

The fourth quarter openings included hotels in 33 U.S. states and 11 countries, adding nearly 10,000 guestrooms to the company's existing 495,000 rooms. Choice Hotels welcomed these additional properties under a spectrum of flags -- Comfort Inn, Comfort Suites, Clarion, Quality, MainStay Suites, Suburban Extended Stay, Econo Lodge, Rodeway Inn and Ascend Hotel Collection. Year-to-date, the company has opened a total of 308 hotels. 

"The fourth quarter hotel openings and development agreements reflect the tremendous appeal of the Choice Hotels array of brands," said David Pepper, senior vice president of global development for Choice Hotels International. "We expect to continue that momentum through 2013 with further expansion, particularly in the upscale segment with more highly desirable destinations for Ascend Hotel Collection and the ongoing development of Cambria Suites in key urban markets."

Select properties that opened during this year's fourth quarter include:

The Postcard Inn on the Beach, an Ascend Hotel Collection property – St. Pete Beach, Florida

The sea air and white-sand beaches of St. Pete Island are right out your front door at this hip, chic, retro-casual boutique property. Located just minutes from downtown St. Petersburg, The Postcard Inn on the Beach offers 196 rooms each and every one uniquely designed to reflect a time when surfing was king and road trips ruled. The retro feel is updated with modern amenities including complimentary property-wide Wi-Fi, in-room workstations and flat-screen TVs. Nearby local attractions include The Dali Museum (the largest collection of Salvador Dali's art outside Spain), major league sports and amusement parks. The on-site PCI Bar & Grill offers excellent dining, and there's no better way to end the day than to pull up a beach chair, sit back and enjoy a drink around the property's beautiful fire pit. Kids will have a blast, and for a fee, four-legged "kids" are welcome, too!   The Ascend Collection of Hotels welcomes The Postcard Inn, an independent hotel owned by an affiliate of the Starwood Capital Group.

Hotel Clifton, an Ascend Hotel Collection property – Miami Beach, Florida.

The intimate, eco-friendly Hotel Clifton is located in the heart of trendy South Beach. Although the exterior keeps its historic Art Deco feel, this beautifully remodeled property was Florida's first Gold-certified LEED hotel. Each of its 35 rooms is equipped with the finest energy conservation technology available including rainfall shower heads, high-efficiency faucets, low VOC paint and an occupancy-sensing energy management system to reduce consumption. Steps away from beaches and South Beach nightlife, guests will also enjoy in-room amenities that include high-speed wireless and wired internet, flat screen televisions, and two-line speaker phones. With organic wines and cocktails, the Clifton's bar is a unique treat. The morning's continental breakfast also offers locally grown, seasonal organic specialties.

Clarion Inn – Arlanda, Sweden

Perfect for the business or vacation traveler, the 414-room Clarion Hotel Arlanda Airport in Stockholm-Arlanda, Sweden is located near dozens of museums and historic sites, fabulous restaurants and outdoor activities that include golf and horseback riding. The property's 44 meeting rooms can easily accommodate banquets for 500 or a conference crowd of 900. In-room, guests will be pleased to find high-speed wireless internet access, high-definition cable television, a mini-bar, desk, coffee maker, refrigerator and hair dryer. With several dining options on-site – including a spectacular 12 th story restaurant with jet-set views – guests will also enjoy a free full breakfast, fitness center, and business center. Four-legged guests are welcome for an additional fee.

Comfort Inn & Suites – Page, Arizona

Spectacular desert views await visitors at the new Comfort Inn & Suites property in Page, Arizona. Located along the Colorado River close to Horseshoe Bend and Antelope Canyon, guests will enjoy a range of outdoor sports including water skiing, hiking, biking, fishing, golfing and raft trips. At the end of the day, they'll be delighted by the chance to relax alongside the indoor heated pool and indoor hot tub. A free hot breakfast with eggs, meat, fresh fruit, yogurt, cereal and their choice of waffle flavors will get the next day started right. Each of the spacious guest rooms includes a coffee maker, desk, flat-screen television with cable, hair dryer, iron and ironing board. Guests will enjoy a well-equipped workout room, business center and free wireless internet access.    

During the fourth quarter of 2012, Choice Hotels opened this complete list of properties:





1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,054.83 +111.02 0.66%
S&P 500 1,973.83 +6.26 0.32%
NASDAQ 4,440.8060 +25.3160 0.57%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs