STAYHotel Dive · 9h ago
Choice Hotels to acquire Harvest Hosts
Executive Brief
The 30-second read
Choice Hotels has agreed to acquire RV membership platform Harvest Hosts for approximately $130 million. This acquisition targets strategic expansion within the high-growth outdoor hospitality segment to diversify the company's portfolio.
- 01Choice Hotels will acquire 100 percent of the RV membership company
- 02Total transaction value is estimated at approximately 130 million dollars
- 03The deal focuses on capturing market share in the expanding outdoor hospitality space
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In a deal valued at approximately $130 million, Choice will acquire 100% of the RV membership company as it pursues growth in the rapidly expanding outdoor hospitality space.