---
title: "Choice Hotels to Add WoodSpring Suites Brand plus Franchise Business"
url: https://burnaze.com/article/7a042520-0658-4be0-b465-f86a2f0543e1
source: "Global Franchise"
original_url: https://www.global-franchise.com/news/choice-hotels-to-add-woodspring-suites-brand-plus-franchise-business
author: "Global Franchise Team"
category: "Hotels"
industry: "Lodging & Travel"
segment: "Hotels"
topics: ["Development & multi-unit"]
published: 2017-12-19T11:18:00.000Z
modified: 2026-11-01T22:32:58.570Z
image: https://images.unsplash.com/photo-1497366216548-37526070297c?w=1600&q=80&auto=format&fit=crop
---

# Choice Hotels to Add WoodSpring Suites Brand plus Franchise Business

**TL;DR:** Choice Hotels International has agreed to acquire the WoodSpring Suites brand and franchise business from WoodSpring Hotels Holdings LLC for approximately $231 million. The acquisition will add nearly 240 extended-stay hotels to the Choice Hotels portfolio.

*By Global Franchise Team, originally published in Global Franchise on 2017-12-19. [Read the original](https://www.global-franchise.com/news/choice-hotels-to-add-woodspring-suites-brand-plus-franchise-business).*

## Story

Choice Hotels International has made an agreement to acquire the brand and franchise business of WoodSpring SuitesSM from WoodSpring Hotels Holdings LLC, a portfolio company of Lindsay Goldberg, for approximately $231 million, subject to customary adjustments. The acquisition will add nearly 240 extended-stay hotels in 35 states to the Choice Hotels portfolio, creating an extended-stay portfolio of more than 350 properties with existing brands, MainStay Suites® and Suburban Extended Stay®.

Patrick Pacious, president and CEO of Choice Hotels said, “We are pleased to announce our plans to welcome WoodSpring Suites to our portfolio of brands. Like Choice Hotels, WoodSpring Suites has demonstrated exceptional customer service, attractive franchisee return on investment, and tremendous growth. Extended stay is a fast-growing segment, reporting some of the strongest gains in demand and has led the hospitality industry in annual RevPAR growth.

The addition of the WoodSpring Suites brand will allow us to strengthen our scale within the attractive extended-stay segment, expand our runway for growth, and continue to create value for our customers, franchisees and shareholders.”

## Entities

- Global Franchise (publication)
- international expansion (topic)
- Lodging & Travel (sector)
- Multi-Unit (company)
- James Fell (person)
- brand acquisition (topic)
- Choice Hotels International (company)
- franchise business (topic)
- extended stay hotels (topic)

---
Originally reported by Global Franchise Team, Global Franchise (https://www.global-franchise.com/news/choice-hotels-to-add-woodspring-suites-brand-plus-franchise-business). Summarized by Burnaze (https://burnaze.com/article/7a042520-0658-4be0-b465-f86a2f0543e1).