Choice Hotels Names Dominic Dragisich CEO to Boost Growth

Choice Hotels has appointed Dominic Dragisich as president and CEO, ending a three-month search. Dragisich had served as interim CEO since May 20, after nearly a decade at the company in roles including CFO and chief global brand officer. He succeeds Patrick Pacious, who departed after a weak first quarter. Choice Hotels, franchisor of brands like Comfort Inn and Cambria, seeks to close a performance gap with rivals; U.S. RevPAR rose just 1.3% in Q2, trailing industry averages. Dragisich emphasizes execution and net rooms growth, backed by the Bainum family, the largest shareholder.