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Choice Hotels To Acquire RV Membership Platform Harvest Hosts

Source: Nasdaq

M&A & RestructuringTravel & Leisure

Choice Hotels International agreed to acquire RV travel membership company Harvest Hosts from Stripes and other shareholders for an enterprise value of approximately $130 million. The deal expands Choice Hotels' presence in the RV and alternative travel-accommodation market, though no expected financial contribution or closing timeline was disclosed.

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