Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Choice Hotels promotes Judd Wadholm to SVP role

EditorBrando Bricchi
Published 04/09/2024, 01:10 PM
Updated 04/09/2024, 01:10 PM

NORTH BETHESDA, Md. - Choice Hotels (NYSE:CHH) International, Inc. (NYSE: CHH) has elevated Judd Wadholm to Senior Vice President and General Manager, Core Brands, as announced today. Wadholm, with a tenure spanning nearly 17 years at Choice Hotels International and Radisson Americas, will now oversee the growth and performance of the company's upper midscale, midscale, and economy brands. This portfolio includes 5,500 hotels in the United States, featuring well-known names such as Comfort, Country Inn & Suites, and Econo Lodge.

The promotion of Wadholm is part of Choice Hotels' ongoing commitment to its core brands, even as the company continues to expand its presence in the upscale and extended stay segments. Raul Ramirez, Chief Segment and International Operations Officer, expressed confidence in Wadholm's ability to foster strong relationships with hotel owners and operators, enhancing revenue, profitability, and guest satisfaction.

Under Wadholm's leadership, the core brands have seen significant developments. Sleep Inn introduced redesigned guest rooms and common areas in March, aligning with its Scenic Dreams prototype that has proven popular with consumers. Country Inn & Suites experienced a record year in 2023, signing 19 new franchise agreements, the highest annual number since 2016. Comfort and Quality Inn also reported robust growth, with Comfort opening 33 new hotels and Quality Inn securing 64 franchise agreements last year.

Wadholm, who joined Choice in 2022, brings a wealth of experience from his previous roles in operations, owner relations, and finance at Radisson Americas and its predecessors. His academic credentials include an MBA from St. Cloud State University and a Bachelor's degree in Finance from the University of North Dakota.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Choice Hotels, a global lodging franchisor, operates over 7,500 hotels across 46 countries and territories. With a diverse portfolio of 22 brands, Choice Hotels caters to a wide range of traveler needs, offering value to hotel franchisees and guests. The company also runs the Choice Privileges rewards program, which offers members reward nights and personalized perks.

This leadership change is expected to further strengthen Choice Hotels' core brand segment, as the company leverages Wadholm's extensive experience and strategic vision for growth. The information for this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.