ROCKVILLE, Md., Feb. 16, 2018 — Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, along with PiNNacle Hospitality Group and The Wankawala Organization, announced this afternoon the groundbreaking of the Cambria Hotel Ocean City. Located at 309 North 1st Street, the 133-room property is slated to open in summer of 2019.

The Cambria Hotel Ocean City property will have spacious guest rooms with private balconies overlooking the Isle of Wight Bay, an indoor/outdoor infinity pool, poolside cabanas, tiki bar, outdoor fire pits, local art collections, 2,200 square feet of multi-function meeting space, a business center and rooftop restaurant/bar with a panoramic view of Assateague Island, Isle of Wight Bay and the Atlantic Ocean. The hotel will also have an outdoor recreational area and a state-of-the-art fitness center. The property will feature contemporary onsite dining, serving a menu comprised of area specialties, signature cocktails and local craft beers as well as freshly prepared grab-and-go gourmet salads and sandwiches. The hotel is steps from the beach and boardwalk, which spans three-miles through the heart of downtown Ocean City with boutique shops, restaurants, bars, and attractions.

"The groundbreaking of the Cambria Hotel Ocean City property represents another important milestone for the brand, as we continue to seek opportunities in markets that provide the distinct upscale and cultural experiences modern travelers desire, such as those offered in the vibrant beach town of Ocean City," said Janis Cannon, senior vice president, upscale brands at Choice Hotels. "PiNNacle Hospitality Group, with expertise in beach-front development, and The Wankawala Organization, a tremendous hotel management company, are the perfect teammates for this venture."

PiNNacle Hospitality is an owner, operator and developer of hotels with a primary focus in the coastal region of Maryland, Virginia and Delaware. Additionally, this is the fourth time Choice Hotels and The Wankawala Organization have collaborated to open a Choice property.

"Ocean City is one of the most popular beach destinations on the east coast, and the Cambria Hotel Ocean City property will offer guests tremendous upscale amenities and a prime location to the many attractions," said Tauhid Islam, president, chief executive officer and founder of PiNNacle Hospitality Group. "We are elated to work with Choice Hotels and The Wankawala Organization on this project and be a key part of the area's growth."

"We're excited to once again have the opportunity to work with Choice Hotels on this iconic project that will forever change the skyline of Ocean City. The addition of this asset enhances our portfolio and long-term strategy that we have put in place. The Wankawala Organization continues to execute on its long-term vision of establishing itself as one of the premier owners and managers of high quality hotels in the mid-Atlantic region," said Mihir Wankawala, managing director of The Wankawala Organization. "We are very excited to see this dream come to fruition to open the Cambria Hotel Ocean City and offer guests an unrivaled experience."