Tuesday, January 28, 2025 Choice Hotels International, a global leader in lodging franchising, celebrated a successful year of growth and achievements across its key brands and segments in 2024. The company reached significant milestones that highlight its leadership in the hospitality industry and demonstrate its strong potential for sustained growth in 2025 and beyond. “Choice Hotels ran through the finish line in 2024, and we’re determined to build on that strong momentum in the coming year,” said Choice Hotels International President and CEO Patrick Pacious .
“Our unique revenue-intense growth strategy and unyielding focus on driving our owners’ revenue up and their costs down will continue to power the future for Choice and our hotel owners — and that future is bright.” Choice Hotels reinforced its leadership in the extended stay segment by matching its record of 61 hotel openings in 2024, including the landmark debut of its 500th extended stay property in October. This growth featured 25 WoodSpring Suites and six Everhome Suites hotels—record highs for these new-construction brands—alongside 16 MainStay Suites and 14 Suburban Studios properties.
WoodSpring Suites continued its dominance as the #1 economy extended stay brand, according to the J.D. Power North America Hotel Guest Satisfaction Index Study, for the second consecutive year.
The brand accounted for 70% of all new extended stay hotels under construction and 65% of all groundbreakings in the s.