#USA #Choice Hotels #North Bethesda #Patrick Pacious #Dominic Dragisich

Choice Hotels International Announces Leadership Transition

Key Changes and Future Outlook
On May 20, 2026, Choice Hotels International, Inc., a prominent player in the global hospitality sector, revealed a major leadership transition in which Patrick Pacious has stepped down from his role as President and Chief Executive Officer. This change comes after nearly 21 years of dedication to the company, during which Pacious led pivotal growth initiatives that expanded the brand's portfolio and revitalized its market approach. To ensure a seamless transition, he will continue to advise the company until August 31, 2026.

Dominic Dragisich, formerly the Chief Growth and Strategy Officer, has been appointed as the interim CEO, effective immediately. The company's Board of Directors has initiated a thorough search, partnering with a respected executive search firm, to identify a permanent successor worth both internal and external candidates.

Pacious’s Impact on Growth
Under the leadership of Patrick Pacious since 2017, Choice Hotels transformed significantly. The company expanded its hotel portfolio from 11 to 22 distinct brands and reinforced its presence in the upscale and extended-stay segments with strategic acquisitions like WoodSpring Suites and Radisson Hotels Americas. His vision extended beyond mere numbers; he initiated a customer-centric, AI-enabled business model that is set to capture future growth opportunities.

Reflecting on his time with Choice Hotels, Pacious stated, "Leading Choice Hotels has been the greatest privilege of my career. Together, we have built a higher-quality portfolio of hotels, a more diverse pipeline, and a capital-light model that enables the Company to capture significant opportunities ahead." This transition is a moment for the company to pivot into its next phase of growth, guided by new leadership and strategic foresight.

Acknowledgment from Leadership
The Board of Directors has expressed gratitude for Pacious’s contributions, with Chairman Stewart W. Bainum, Jr. commenting, "Pat's leadership has helped define a new era for Choice Hotels. Through strategic acquisitions and a relentless focus on franchisee success, Choice has become more resilient and diversified." This acknowledgment speaks volumes of the impactful legacy Pacious leaves behind.

Dominic Dragisich Steps In
With a diverse background that includes roles as EVP of Operations, Chief Global Brand Officer, and Chief Financial Officer, Dragisich is stepping into a pivotal role. His previous experience will facilitate continued momentum for the company as it navigates this transitional phase. Dragisich expressed his commitment by saying, "I am honored to step into the role of Interim CEO and look forward to building on the Company's strong foundation. We remain focused on delivering long-term value for our franchisees and shareholders and creating great experiences for our guests and associates."

Financial Outlook
In conjunction with the leadership announcement, Choice Hotels confirmed its full-year 2026 financial guidance, emphasizing its strategy to achieve long-term shareholder value while focusing on franchisee success. The firm plans to remain committed to its strategic priorities even amidst leadership shifts.

About Choice Hotels
Choice Hotels International, Inc., listed under NYSE: CHH, is among the largest lodging franchisors globally, boasting over 7,500 hotels occupying more than 650,000 rooms across 51 nations and territories. Its portfolio encompasses 22 brands ranging from upscale full-service establishments to economy properties, meeting various traveler demands. Notably, the award-winning Choice Privileges® rewards program enhances customer experience by enabling easy redemption of rewards and exclusive perks. For further details, visit www.choicehotels.com.

This leadership change marks a significant transitional phase for Choice Hotels International as it looks to maintain its position in the competitive lodging industry while ensuring sustained growth and enhanced value for its stakeholders.