Choice Hotels agrees to buy Harvest Hosts for $130 million

Bitget2026/09/30 12:33

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Choice Hotels agreed to buy RV travel membership platform Harvest Hosts in an all-cash deal valued at about USD 130 million.
Deal covers 100% of Harvest Hosts, purchased from Stripes and other shareholders.
Transaction funding to come from cash on hand, backed by borrowings under an existing revolving credit facility.
Harvest Hosts is set to remain a standalone brand, led by CEO Joel Holland.
Closing is expected on Oct. 1, 2026; no material impact expected on Choice Hotels’ 2026 results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Choice Hotels International Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH60134) on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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