\u00a0Choice Hotels International, one of the world’s largest lodging franchisors,\u00a0today reported its results for the three months and year ended December\u00a031, 2020.<\/p>\n\n\n\n
“Despite a year of unprecedented challenges brought upon us by the pandemic, Choice Hotels drove results that significantly outperformed the industry, achieved a number of major milestones in the execution of our long-term strategy and positioned the company to continue to grow our share of travel demand in the years to come,” said\u00a0Patrick Pacious, president and chief executive officer, Choice Hotels<\/strong>.<\/p>\n\n\n\n “These results are a testament to the success of our winning strategy to grow our limited-service brands in more revenue-intense segments and the right locations. We believe that our long-term view, compelling franchisee value proposition, well-segmented brand portfolio and strong balance sheet will help us further capitalize on growth opportunities in 2021 and beyond.”<\/p>\n\n\n\n Throughout 2020, Choice Hotels provided a broad range of support to its franchisees, guests and communities while improving its overall financial and liquidity position. Highlights of fourth quarter and full year 2020 results include:<\/p>\n\n\n\n
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