Choice Hotels International — Merger or Acquisition (February 2018)

5 slides from Choice Hotels International's merger presentation, Feb 1, 2018

Slide 1: WoodSpring Suites Closing
Page WoodSpring Suites Closing February 1, 2018 Exhibit 99.2
Slide 2: Disclaimer: Forward-Looking Statements
Disclaimer 1 FORWARD-LOOKING STATEMENTS Certain matters discussed in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, our use of words such as "expect," "estimate," "believe," "anticipate," "should," "will,
Slide 3: Executive Summary
Summary EXECUTIVE Choice Hotels International has closed the acquisition of the WoodSpring Suites franchising business Asset-light acquisition that complements Choice’s existing portfolio of brands Expands Choice’s extended stay portfolio to more than 350 hotels Strong existing multi-unit developer
Slide 4: WoodSpring Historical Growth and Robust Pipeline
WOODSPRING Historical Growth Robust Pipeline Strong pipeline accelerates EBITDA growth over the next several years Nearly 20 properties currently under construction Over 70 hotels in various stages of entitlement Unit Growth Gross Rooms Revenue RevPAR 25% Unit Growth 48% GRR Growth 21% RevPAR Growth
Slide 5: Strategic Deal Rationale
Deal Rationale STRATEGIC Consistent with focused strategy Strategy focused on brands with high return on investment for owners and expected runway for growth WoodSpring brand expected to further benefit from Choice’s technology and business delivery Delivers scale and additional growth potential in