PATRICK PACIOUS, LONG-time president and CEO of Choice Hotels International, will step down from the position he has held since 2017 effective immediately. Dominic Dragisich, Choice’s chief growth and strategy officer, has been named interim CEO.
Pacious will serve as an advisor to the company through Aug. 31 to support the transition, the company said in a statement.
“Leading Choice Hotels has been the greatest privilege of my career,” said Pacious. “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.”
During his 21 years at Choice, Pacious expanded its portfolio from 11 to 22 brands; grew its presence in the upscale and extended-stay segments through the acquisitions of WoodSpring Suites and Radisson Hotels Americas; established a high growth direct franchising international platform; advanced franchisee-focused technology and digital initiatives; and more than doubled adjusted EBITDA, according to the company.
“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,” said Stewart Bainum, Jr., chairman of the Choice board of directors.
He also led the company through its unsuccessful bid to acquire Wyndham Hotels & Resorts in 2024. Choice also ended its partnership with AAHOA during Pacious’ tenure in a disagreement over franchise reforms.
Dragisich previously served as executive vice president for operations and chief global brand officer. He was the company’s chief financial officer from 2017 to 2023.
“I am honored to step into the role of Interim CEO and look forward to building on the company’s strong foundation,” said Dragisich. “We remain focused on delivering long-term value for our franchisees and shareholders and creating great experiences for our guests and associates.”
