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Choice Hotels International: A $130 Million Bet On RV Travelers Choice Hotels International acquire...

Choice Hotels International: A $130 Million Bet On RV Travelers Choice Hotels International acquires Harvest Hosts for $130M, aiming to leverage RV travel data and cross-sell to its loyalty base. CHH maintains FY 2026 adjusted EBITDA guidance of $635–$650M and buybacks of $175–$225M, with post-deal leverage at ~3.4x EBITDA. Valuation scenarios yield a midpoint price target of $122.68 (~20% upside), supporting a 'Buy' rating versus Wall Street's 'Hold.'

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