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2022-06-09 | NYSE:CHH | Press Release

2022-06-09 | NYSE:CHH | Press Release

ROCKVILLE, Md., June 9, 2022 /PRNewswire/ — Setting up on its strategy to regularly expand its footprint in marketplaces sought-just after by friends and developers alike, Cambria Motels, an upscale manufacturer franchised by Choice Hotels Global, Inc. (NYSE: CHH), has awarded 10 franchise agreements to develop the new Cambria prototype. Launched in late 2021, the new prototype is uniquely created to make the appropriate sized Cambria for the proper current market, assisting to decreased the full charge of owning a Cambria hotel when continuing to produce on the core hallmarks upscale friends desire.

The new Cambria prototype solution will continue to supply the manufacturer hallmarks and signature features that charm to present day tourists. These new franchise agreements support speed up the brand’s existence in sought after secondary marketplaces and leisure places, including:

  • Buckeye, Arizona: A spot for wildlife and outdoor fans, this suburb in the western Phoenix metropolitan location provides miles of trails for hikers, bikers, and a lot more.
  • Tracy, California: Found just outside the house California’s Bay Space, this metropolis is best regarded for its railroads, agriculture, wineries and rich heritage.
  • Sacramento, California: As the Golden State’s fifth biggest town and state money, Sacramento is celebrated for its lively tradition and thriving farm-to-desk food stuff scene.
  • Palmdale, California: Nicknamed the “aerospace money of The united states” for its key field, this town is positioned north of Los Angeles and property to spectacular mountain views and plentiful outdoor routines.
  • Seekonk, Massachusetts: Located along the MassachusettsRhode Island border, Seekonk is a thriving industrial centre situated 10 minutes from Downtown Providence, Brown University and other community sights.
  • West Yarmouth, Massachusetts: Centrally found on the south shore of Cape Cod, this city is conveniently located up coming to Hyannis Harbor with daily ferry services to Nantucket and Martha’s Vineyard.
  • Southaven, Mississippi: Positioned on the MississippiTennessee border, this city is a principal suburb in the larger Memphis spot, recognized for its loved ones helpful sights, increasing overall economy and shut proximity to the University of Mississippi.
  • Portsmouth, New Hampshire: Situated in the vicinity of the mouth of the Piscataqua River, this town is acknowledged for its history – rating sixth in the U.S. for National Geographic Traveler’s “Historic Spots” – with hundreds of dining places, and a vibrant arts and cultural scene.
  • Medford, Oregon: Hailed as a quintessential Pacific Northwest spot, this city is ideally located in southern Oregon, furnishing straightforward obtain to spectacular natural scenery, top rated wineries and neighborhood dining.
  • Sevierville, Tennessee: Nestled in the Wonderful Smoky Mountains foothills, this town is property to well known mountaineering trails and scenic waterfalls as properly as endless buying at its popular galleries, boutiques, flea markets and antique suppliers.

“Key to our ongoing accomplishment is doing work with the suitable developers in the right marketplaces, which is why we are happy to offer but a further progress alternative for new and present homeowners alike to develop their portfolio with the Cambria manufacturer,” said Mark Shalala, senior vice president of improvement, upscale makes, Option Accommodations. “From the get started, Cambria has been revered amongst attendees for delivering an upscale product that’s equally approachable and thoughtfully curated just for them. These very same tenets have usually been central elements of the brand’s price proposition, and are equally mirrored in the newest prototype, which is supposed to produce price tag-economical types and operational efficiency in a advanced bundle, so extra entrepreneurs can faucet into the escalating upscale industry.”

As the brand name grows the two its design forward, hybrid prototype and customized built motels, it celebrates four again-to-back again groundbreakings in fewer than ten days. This growth proceeds, irrespective of the rise in interest prices and cost of resources, which is a testomony to the model and prototype. In the very first quarter of 2022 the amount of domestic franchise agreements awarded for the brand name has more than doubled, in comparison to the identical period of time of 2021.

Successfully breaking floor on four new, custom improvement jobs in significantly less than 10 days—including the Cambria Resort Rehoboth Beach last week—these groundbreakings even further underscore Cambria’s quick coast-to-coastline growth:

  • Cambria Lodge Spokane, Washington: Ideally found at 4611 South Dowdy Road, the foreseeable future 4-story, 90-space Cambria will place company near the city’s prime employers and region attractions, together with Fairchild Air Drive Base, Gonzaga University, Spokane Falls and Manito Park.
  • Cambria Resort Burbank, California: The 6-story, 90-home Cambria lodge will be positioned at 201 South Glenoaks Boulevard and offer company will uncomplicated access to downtown Los Angeles, as perfectly as top regional leisure attractions such as Walt Disney Studios, Warner Bros. Studios and Nickelodeon Studios. The lodge will also be a small drive to close by point out parks and character preserves.
  • Cambria Hotel North Conway, New Hampshire: Set from the backdrop of White Mountain National Park at 1858 White Mountain Highway, when it opens, the 3-story, 115-space Cambria will provide as the perfect desired destination for experience-trying to find attendees in lookup of the area’s top climbing trails, leaf-peeping places and ski-slopes. The hotel will also be closely situated to nearby outlet malls and the Mt. Washington Observatory.

“Cambria Accommodations has arrived. Just after efficiently doubling the sizing of our portfolio in the previous five years, the manufacturer is now found in virtually 75% of the top rated U.S. marketplaces, the place its style and design-forward, domestically-tailor-made, upscale practical experience carries on to resonate strongly with fashionable tourists,” claimed Janis Cannon, senior vice president, upscale brands, Preference Motels. “Growth-minded developers have taken see as very well, and the well-liked Cambria prototype delivers this team a new possibility to access the rewards of our section-defining brand name, whilst streamlining charges and maximizing operational efficiencies. These most up-to-date development milestones affirm our expansion technique is doing the job and with each other, with our rising improvement local community, we glance forward to propelling the Cambria manufacturer to new heights and new marketplaces – from scenic Cape Cod to downtown Albuquerque and further than.”

There are at the moment much more than 130 Cambria resorts open up or less than progress across the U.S. in preferred towns these kinds of as Chicago, Los Angeles, Nashville, New Orleans, Phoenix and Washington, D.C.

For much more facts on Cambria Accommodations improvement opportunities, take a look at choicehotelsdevelopment.com/cambriahotels.

About Cambria&circledR Accommodations

The Cambria Inns brand is made for the modern traveler, providing friends a unique working experience with very simple, guilt-no cost indulgences permitting them to handle on their own when on the street. Qualities element compelling layout impressed by the site, roomy and cozy rooms, versatile conference place, and regional, freshly geared up food stuff and craft beer. Cambria Hotels is fast increasing in big U.S. metropolitan areas, with resorts open in Chicago, Los Angeles, New York, Pittsburgh, and Washington, D.C. There are more than 130 Cambria properties open up or in the pipeline throughout the United States, with just about 60 now open. To find out additional, go to www.choicehotels.com/cambria.

About Choice Resorts&circledR

Choice Lodges Worldwide, Inc. (NYSE: CHH) is one particular of the major lodging franchisors in the globe. With almost 7,000 lodges, symbolizing just about 600,000 rooms, in 35 nations and territories as of March 31, 2022, the Decision&circledR loved ones of lodge makes provides business and leisure vacationers with a assortment of significant-quality lodging selections from confined services to comprehensive-support resorts in the upscale, midscale, extended-keep and economic climate segments. The award-winning Decision Privileges&circledR loyalty software delivers customers added benefits ranging from everyday rewards to remarkable ordeals. For additional information and facts, stop by www.choicehotels.com.

Forward-Searching Statement

This interaction involves “ahead-wanting statements” about long run occasions, including expected advancement and resort openings. Such statements are subject matter to a lot of risks and uncertainties, such as development delays, availability and price of financing and the other “Threat Components” described in our Yearly Report on Sort 10-K and our Quarterly Stories on Variety 10-Q, any of which could induce precise final results to be materially diverse from our anticipations.

Addendum

This is not an supplying. No present or sale of a franchise will be manufactured except by a Franchise Disclosure Document initial filed and registered with applicable point out authorities. A copy of the Franchise Disclosure Doc can be received by means of calling Preference Lodges Worldwide at 1 Selection Resorts Circle, Suite 400, Rockville, MD 20850, [email protected]

© 2022 Option Inns Intercontinental, Inc. All Rights Reserved

Cision Perspective authentic articles to obtain multimedia:https://www.prnewswire.com/information-releases/cambria-resorts-drives-coast-to-coastline-enlargement-with-10-new-franchise-agreements-and-4-groundbreakings-301565416.html

Source Decision Hotels Worldwide, Inc.

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