Choice Hotels International Acquires Remaining Stake in Choice Hotels Canada from InnVest Hotels
August 6, 2025
Choice Hotels International acquired the remaining 50% stake in Choice Hotels Canada from long-time joint venture partner InnVest Hotels for approximately $112 million, completing the transaction in July 2025. The move converts the Canadian business from a master-franchise model to a direct franchising model to accelerate growth across Canada, expand Choice's full 22-brand owner success system, and consolidate operations under Choice Hotels International leadership.
- Buyers
- Choice Hotels International
- Targets
- Choice Hotels Canada
- Sellers
- InnVest Hotels
- Industry
- Restaurants & Hospitality
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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