Choice Hotels stock adds Harvest Hosts in a USD 130 million deal

Published on 10/05/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Choice Hotels stock reported USD 440.76 million in second-quarter revenue and adjusted EPS of USD 2.02 on August 5, 2026. The October 2 price was USD 102.50, while market capitalization was USD 4.7 billion.

CHH, US1699051066, Illustration mit AI erstellt.

Choice Hotels stock (ISIN US1699051066) was last at USD 102.50 on the NYSE on October 2, 2026, after a USD 0.19, or 0.19 percent, gain. The company then added a new travel channel: PR Newswire reported on September 30, 2026, that Choice Hotels agreed to acquire Harvest Hosts for a USD 130 million enterprise value.

RV expansion adds a new channel

The transaction covers 100 percent of Harvest Hosts and extends Choice Hotels into outdoor and RV travel. The acquired platform connects members with more than 11,200 host locations, including wineries, farms, breweries, museums and other attractions, according to PR Newswire.

Choice Hotels said the deal will be funded with cash on hand and borrowings under its revolving credit facility. The release also said the acquisition is not expected to have a material impact on 2026 financial results or change the previously communicated share repurchase expectations.

Second-quarter figures beat estimates

Choice Hotels' second-quarter 2026 revenue was USD 440.76 million, up 3.4 percent year over year, while adjusted EPS reached USD 2.02 against a USD 1.97 consensus estimate. Zacks reported these figures and said Choice Hotels raised its 2026 adjusted EBITDA outlook to USD 635 million-USD 650 million.

The earnings mix was uneven: MarketBeat said quarterly EPS exceeded consensus by USD 0.05, while quarterly revenue topped its estimate by USD 4.28 million. The same report listed 2026 EPS guidance of USD 6.86-USD 7.10.

Analysts see measured upside

MarketBeat described the consensus as Reduce, based on 15 analysts: four Sell ratings, nine Holds and two Buys. Its average 12-month price target was USD 112.46, placing the target 9.7 percent above the October 2 price of USD 102.50.

That gap gives the acquisition a clear test. Harvest Hosts adds reach and member data, but Choice Hotels has said the transaction will not materially change 2026 results, leaving execution and the broader rooms-growth plan as the nearer financial drivers.

Choice Hotels stock stays below its yearly high

Choice Hotels stock was last at USD 102.50 on the NYSE on October 2, 2026, with a 52-week range of USD 84.04 to USD 123.82, a market capitalization of USD 4.7 billion and volume of 661,728 shares. The price stood 17.2 percent below the 52-week high.