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Selection Resorts Accelerates Progress and Innovation With Transformative Success in 2024
Tuesday, January 28, 2025
Selection Resorts Worldwide, a worldwide chief in lodging franchising, celebrated a profitable 12 months of progress and achievements throughout its key manufacturers and segments in 2024. The corporate reached vital milestones that spotlight its management within the hospitality business and display its sturdy potential for sustained progress in 2025 and past.
“Choice Hotels ran through the finish line in 2024, and we’re determined to build on that strong momentum in the coming year,” stated Selection Resorts Worldwide President and CEO Patrick Pacious. “Our unique revenue-intense growth strategy and unyielding focus on driving our owners’ revenue up and their costs down will continue to power the future for Choice and our hotel owners — and that future is bright.”
Driving Progress Throughout Segments: Selection Resorts’ 2024 Milestones
Main the Approach in Prolonged Keep
Selection Resorts bolstered its management within the prolonged keep section by matching its report of 61 resort openings in 2024, together with the landmark debut of its five hundredth prolonged keep property in October. This progress featured 25 WoodSpring Suites and 6 Everhome Suites inns—report highs for these new-construction manufacturers—alongside 16 MainStay Suites and 14 Suburban Studios properties. WoodSpring Suites continued its dominance because the #1 economic system prolonged keep model, in accordance with the J.D. Energy North America Resort Visitor Satisfaction Index Examine, for the second consecutive 12 months. The model accounted for 70% of all new prolonged keep inns underneath building and 65% of all groundbreakings within the section as of November 2024.
Excelling in Upscale Hospitality
Within the upscale section, Selection Resorts strengthened its popularity as a frontrunner to observe, opening 27 new properties in 2024. This included 18 Ascend Resort Assortment properties, marking an 80% year-over-year improve, seven Cambria Resorts, and two Radisson properties. Notable openings included The Quincy, Ascend Resort Assortment, in Washington, D.C., the Cambria Resort Niagara Falls in New York, and the Radisson Fairview Heights – St. Louis in Illinois. Since integrating Radisson Americas manufacturers in 2023, the upscale Radisson model achieved a 7.5% year-over-year improve in RevPAR, setting the stage for future enlargement.
Sustaining Momentum in Midscale
Selection Resorts celebrated vital achievements in midscale and higher midscale segments, opening 41 High quality Inn properties throughout the model’s eighty fifth anniversary 12 months. The flagship Consolation model added 26 properties, whereas Nation Inn & Suites by Radisson grew with six new openings. Nation Inn & Suites additionally noticed a 19-point RevPAR Index improve, a 20% rise in direct on-line contributions, and a ten% increase in income from the World Gross sales workforce, solidifying its market place.
Pioneering Innovation and Inclusivity
Key highlights from late 2024 and early 2025 included:
Model Evolution: Relaunching Radisson People as an higher upscale delicate model to enhance the Ascend Resort Assortment, alongside refreshed logos and new design packages for Radisson Blu and Radisson.
Revolutionary Design: Introducing the “Lobby in a Box” modular design bundle to remodel public areas in as little as 120 days, constructing on the success of the “Kitchen in a Box” answer for prolonged keep manufacturers.
Increasing Range: Reaching report milestones with the SOAR program, opening 20 properties and awarding 37 franchise agreements to assist underrepresented entrepreneurs in resort possession.
Positioned for Continued Progress
With a confirmed capability to execute swift property conversions, Selection Resorts is ready for sustained enlargement in 2025. Its world-class conversion capabilities allow fast pipeline motion, delivering distinctive worth to homeowners in all market situations.
These achievements underscore Selection Resorts’ dedication to innovation, inclusivity, and progress, reinforcing its place as a frontrunner within the hospitality business.
“Industry projections show that hotel demand growth will continue to outpace supply growth this year and in 2026,” defined Dominic Dragisich, Government Vice President for Operations and Chief World Model Officer at Selection Resorts Worldwide. “That’s the type of environment in which our unrivaled hotel conversion capability really shines. Our ability to efficiently convert existing hotels into Choice-branded properties is a core competency that will continue to help fuel the growth of our global portfolio in 2025 and beyond.”
