(b) On December 21, 2016, Gordon A. Smith informed the Board of Directors of Choice Hotels International, Inc. (the “Company”) that he will not stand for re-election as director of the Company upon the expiration of his term at the Company’s 2017 Annual Meeting of Shareholders. Mr. Smith’s decision not to stand for re-election was not due to a disagreement with the Company.
About CHOICE HOTELS INTERNATIONAL, INC. (NYSE:CHH) Choice Hotels International, Inc. (Choice) is a hotel franchisor. The Company operates in two segments: hotel franchising business and SkyTouch Technology (SkyTouch). It operates approximately 6,420 hotels open and over 720 hotels under construction, representing approximately 507,480 rooms open and over 58,130 rooms under construction, awaiting conversion or approved for development in approximately 50 states, the District of Columbia and over 35 countries and territories outside the United States. It franchises lodging properties under the brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Cambria hotels & suites and Ascend Hotel Collection (collectively, the Choice brands). SkyTouch division develops and markets cloud-based technology products, including inventory management, pricing and connectivity to third-party channels, to hoteliers not under franchise agreements with the Company.
CHOICE HOTELS INTERNATIONAL, INC. (NYSE:CHH) Recent Trading Information CHOICE HOTELS INTERNATIONAL, INC. (NYSE:CHH) closed its last trading session up +0.35 at 56.40 with 65,991 shares trading hands.
