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Investor Presentaiton

QUARTERLY BUSINESS UPDATE FINANCIAL HIGHLIGHTS APPENDIX The acquisition of Radisson Hotels Americas complements the company's existing strategy of growth in RevPAR accretive markets, representing a leap forward in the evolution of Choice Hotels' competitive position and future growth potential, and is expected to add $80 million in recurring adjusted EBITDA RHG RADISSON HOTEL GROUP AMERICAS A RADISSON Radisson BLU RED COLLECTION PARK PLAZA Radisson Radiores >73,000 Upper-midscale and upscale global rooms² Upper- Midscale 73% Chain Scale Mix 19 RADISSON Individuals. COUNTRY RADISSON park inn INN & SUITES INN & SUITES Radisson KY HABANGIN in Countries & territories and New Brands with Midscale 3% Upscale 22% * Data as of September 30, 2022; percentages based on units. Upper-Upscale 2% Strategic Merits: Franchising 98% Operations Owned Real Estate⭑ <1% Management Operations4 <2% United States 85% 38% Higher RevPAR vs. the average of the existing Choice portfolio³ Geographic Mix Caribbean and Latin America 10% Canada 4% Accelerates asset-light strategy of growth in RevPAR accretive travel segments and locations 2 Improves return on investment for franchise owners 3 Expands customer reach to a higher income and younger demographic, and with business travelers 4 Grows footprint in the Upper Midwest, West coast, and key international markets 1 Upon full integration in 2024. The company is not able to reconcile full-year 2022 projected adjusted EBITDA and full-year 2024 projected adjusted EBITDA contribution from the Radisson Hotels Americas business unit, in each case without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the final valuation and related allocation of the purchase price and other potential adjustments. The unavailable information could have a significant impact on the company's full-year 2022 and full-year 2024 reported financial results. 2 Rooms open and in the development pipeline. 3 Based of 2019 RevPAR which represents a stabilized pre-pandemic environment. 4 Reflects 3 owned hotels and 10 managed hotels as of September 30, 2022. 5
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