Choice Hotels International has announced a leadership transition under which Patrick Pacious will step down as President and Chief Executive Officer after nearly 21 years with the company, including serving as CEO since 2017.
Pacious will continue to support the transition process in an advisory capacity through August 31, 2026.
The Board of Directors has appointed Dominic Dragisich, currently Chief Growth & Strategy Officer, as Interim Chief Executive Officer with effect from May 20, 2026.
Choice Hotels stated that the Board will initiate a comprehensive search process in partnership with a leading executive search firm to identify the company’s next CEO, considering both internal and external candidates.
During Pacious’ tenure, Choice Hotels underwent significant expansion and transformation across its global portfolio and business operations.
Under his leadership, the company expanded from 11 to 22 brands while strengthening its presence in the upscale and extended-stay segments through acquisitions including WoodSpring Suites and Radisson Hotels Americas.
The company also accelerated its international direct franchising platform, introduced franchisee-focused digital and technology initiatives and more than doubled adjusted EBITDA during the period.
Pacious said, “Leading Choice Hotels has been the greatest privilege of my career. Together, we have built a higher-quality portfolio of hotels, a more accretive, diverse pipeline, and a capital-light model that enables the Company to capture significant opportunities ahead. Having laid the foundation for a customer-centric, AI-enabled business, in alignment with our long-term strategic plan, now is the right time for a new leader to guide Choice Hotels into its next phase of growth. I look forward to partnering with the Board, Dom and the entire leadership team to facilitate a smooth transition.”
Stewart W. Bainum, Jr., Chairman of the Board of Directors for Choice Hotels International, said, “Pat’s leadership has helped define a new era for Choice Hotels. Through strategic acquisitions, disciplined portfolio growth, international expansion, and a relentless focus on franchisee success, Choice has become a more resilient and diversified company. On behalf of the Board, the Bainum family and other shareholders, we thank Pat for his leadership, vision, and many contributions.”
Bainum added, “Choice Hotels is a stronger Company today with a solid operational and financial foundation, a talented leadership team and significant long-term growth potential. The Board has full confidence in Dom’s leadership and the Company’s continued momentum as we conduct a comprehensive search process for Choice’s next CEO.”
Prior to becoming Chief Growth and Strategy Officer, Dragisich served as Executive Vice President, Operations and Chief Global Brand Officer, as well as Chief Financial Officer between 2017 and 2023.
Dragisich has helped lead the Company’s strategic evolution, overseeing transformative acquisitions and other major growth initiatives to enhance long-term value.
“I am honoured to step into the role of Interim CEO and look forward to building on the Company’s strong foundation. We remain focused on delivering long-term value for our franchisees and shareholders and creating great experiences for our guests and associates,” said Dragisich.
