Choice Hotels Acquires RV Club Harvest Hosts for $130 Million
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On September 30, 2026, Choice Hotels announced the acquisition of RV travel membership club Harvest Hosts for approximately $130 million in cash. According to Skift, this is Choice Hotels' first move into business outside of hotels, and the first acquisition led by Dom Dragisich, who formally took office as President and CEO last month; the seller is New York-based growth equity fund Stripes, which acquired the company for $37 million in 2021, along with other shareholders, and the transaction will be paid for with own cash and a revolving credit facility. Hotel Dive reported that the transaction is an all-cash acquisition of 100% of Harvest Hosts' equity, expected to close on October 1; Harvest Hosts connects RV travelers with more than 11,200 overnight locations such as wineries, farms, and breweries, and after the acquisition it will continue to operate as an independent brand, with CEO Joel Holland remaining in his position.
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- Hotel Dive FeedChoice Hotels to Acquire Harvest Hosts for Approximately $130 Million
Choice Hotels International has reached an agreement to acquire 100% of the equity of RV travel membership company Harvest Hosts for approximately $130 million in an all-cash transaction, with the deal expected to close on October 1. Harvest Hosts connects RV travelers with more than 11,200 overnight locations such as wineries, farms, and distilleries, and after the acquisition it will continue to operate as an independent brand, with CEO Joel Holland remaining in his position.
- Skift FeedChoice Hotels Acquires RV Membership Club Harvest Hosts for $130 Million
Choice Hotels announced on Wednesday that it will acquire RV travel membership club Harvest Hosts for approximately $130 million in cash, marking its first move into business outside of hotels and the first acquisition led by Dom Dragisich, who formally became president and CEO last month. The sellers are New York-based growth equity fund Stripes, which acquired the company for $37 million in 2021, and other shareholders, and the deal will be paid for with cash on hand and its revolving credit facility.
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