Choice Hotels International Appoints Lou DeMarco as Vice President of Tax
16 September 2009 - 4:30PM
PR Newswire (US)
SILVER SPRING, Md., Sept. 16 /PRNewswire-FirstCall/ -- Choice
Hotels International, Inc. (NYSE:CHH) would like to announce the
appointment of Louis S. DeMarco to the newly-established role of
vice president, tax for the organization. Mr. DeMarco will report
to David White, senior vice president, chief financial officer and
treasurer. In this role, Mr. DeMarco will be responsible for
managing the company's overall tax planning, research and
compliance efforts. With more than 20 years of multinational and
Fortune 500 experience, Mr. DeMarco most recently served as senior
vice president of tax for Discovery Communications, LLC, where he
provided leadership and direction in the areas of strategic
planning, tax reporting and compliance. Prior to his most recent
position, Mr. DeMarco held various tax leadership roles within
organizations such as Softbank, Inc., Macmillan, Inc. and Marsh
& McLennan Co., Inc. "Choice is very excited to have an expert
in taxation matters with Louis DeMarco's background, as a member of
our finance organization's leadership team," said White. "I look
forward to working with Lou and leveraging his skills in furthering
the Company's strategic objectives." Mr. DeMarco holds a Bachelor
of Arts degree in Accounting from Queens College and a Master of
Science degree in taxation from Pace University. About Choice
Hotels Choice Hotels International, Inc. franchises more than 5,900
hotels, representing more than 479,000 rooms, in the United States
and more than 30 other countries and territories. As of June 30,
2009, more than 800 hotels are under construction, awaiting
conversion or approved for development in the United States,
representing more than 64,000 rooms, and an additional 110 hotels,
representing approximately 8,700 rooms, are under construction,
awaiting conversion or approved for development in more than 15
other countries and territories. The company's Comfort Inn, Comfort
Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay
Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn
brands serve guests worldwide. In addition, via its Ascend
Collection membership program, travelers in the United States and
the Caribbean have upscale lodging options at historic, boutique
and unique hotels. Additional corporate information may be found on
the Choice Hotels International, Inc. Web site, which may be
accessed at http://www.choicehotels.com/. Choice Hotels, Choice
Hotels International, Comfort Inn, Comfort Suites, Quality, Sleep
Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended
Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Collection are
proprietary trademarks and service marks of Choice Hotels
International. DATASOURCE: Choice Hotels International, Inc.
CONTACT: Heather Soule of Choice Hotels International, Inc.,
+1-301-628-4361, Web Site: http://www.choicehotels.com/
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