Dominic Dragisich appointed as Interim Chief Executive Officer at Choice Hotels International, Inc.

Choice Hotels International, Inc. one of the world’s largest lodging franchisors, today announced a leadership transition under which Patrick Pacious will step down as President and Chief Executive Officer. Pacious will serve as an advisor to the Company through August 31, 2026, to support the transition. The Company’s Board of Directors has appointed Dominic Dragisich, Chief Growth & Strategy Officer, as Interim Chief Executive Officer, effective May 20, 2026.

The Board will conduct a comprehensive search in partnership with a leading executive search firm to identify the Company’s next Chief Executive Officer and will consider all qualified internal and external candidates.

Over the course of his nearly 21-year tenure with Choice Hotels, including as President and Chief Executive Officer since 2017, Pacious has led a period of significant growth and transformation for the Company. Under his leadership, Choice Hotels expanded its portfolio from 11 to 22 brands, grew its presence in the upscale and extended-stay segments through the acquisitions of WoodSpring Suites and Radisson Hotels Americas, established a high growth direct franchising international platform, advanced franchisee-focused technology and digital initiatives, and more than doubled adjusted EBITDA.

Before becoming Chief Growth & Strategy Officer, Dragisich previously served as EVP, Operations and Chief Global Brand Officer and as the Company’s Chief Financial Officer from 2017 to 2023. Dragisich has helped lead the Company’s strategic evolution, overseeing transformative acquisitions and other major growth initiatives to enhance long-term value.

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Reaffirms Full-Year 2026 Outlook

In connection with today’s announcement, the Company is reaffirming its full-year 2026 financial outlook provided in the Company’s first quarter 2026 earnings results reported on April 30, 2026. The Company remains focused on executing its strategic priorities, driving franchisee success, and delivering long-term shareholder value.