The CEO Who Doubled This Major Hotel Company's Brand Count Just Stepped Down — After 21 Years
Choice Hotels CEO Patrick Pacious has exited after expanding the company from 11 to 22 brands, with Dominic Dragisich appointed as interim chief executive.
Patrick Pacious is out as president and CEO of Choice Hotels International, ending a 21-year run at the company and nearly a decade at the helm.
Choice Hotels announced Pacious's departure effective May 20, without providing a specific reason. The company has appointed Dominic Dragisich, its chief growth and strategy officer, as interim CEO while the board conducts a search for a permanent replacement.
Pacious took over as CEO in 2017 and oversaw an aggressive expansion that doubled Choice Hotels' brand portfolio from 11 to 22. Key moves during his tenure included the acquisitions of WoodSpring Suites and Radisson Hotels Americas, which significantly grew the company's presence in extended stay and upscale segments.
His tenure also included the unsuccessful 2023 attempt to acquire economy competitor Wyndham Hotels & Resorts, a hostile bid that drew widespread industry attention before Choice Hotels ultimately walked away.
Pacious will serve as an advisor through August 31, 2026, to support the transition. In a statement, he pointed to the company's foundation in AI-enabled technology and customer-centric strategy as reasons the timing felt right for new leadership.
Dragisich brings nine years of Choice Hotels experience to the interim role, having previously served as executive VP of operations, chief global brand officer, and CFO. He'll receive a $500,000 cash bonus if he remains through December 31, along with $500,000 in restricted stock units.
Choice Hotels reaffirmed its full-year 2026 financial outlook alongside the announcement.