On Wednesday Choice Hotels Int'l (CHH) - Get Report said that its Comfort Hotel brands is continuing its "aggressive" U.S. expansion initiative, with the expectation that 56 new properties will open this year.

Shares of Rockville, Md.-based Choice Hotels were slightly lower this afternoon, down 0.84% to $64.60 on light volume.

"The success of the Comfort brands, a pioneer in the segment, reinforces that Choice Hotels is a leader in upper midscale lodging. With the brand's recent enhancements and strong operating performance, Comfort has never been better positioned for growth," Choice Hotels VP of franchise development Brian Quinn said.