For Choice Hotels International, 2017 marked its best development year since 2007, the company reported Tuesday. It awarded 704 franchise agreements across its system and in the U.S. opened 346 hotels, almost one per day. In addition to positive organic growth, the acquisition of WoodSpring Suites tripled the size of Choice's extended-stay footprint to more than 350 hotels. That transaction closed this month. "WoodSpring is a brand of tomorrow, still in the early growth stage of its brand life cycle," said Choice president and CEO Patrick Pacious. The brand joins other new-build brands in Choice's portfolio: Cambria, Sleep Inn, Mainstay Suites, Comfort Inn and Comfort Suites.