News in brief: Choice, Host, Brookshire Suites

Choice issues dividend:  Choice Hotels International announced a special cash dividend in the amount of US$10.41 per share, resulting in an aggregate payment amount of approximately US$600 million.

Read more at MarketWatch


Host closes $500 million term loan:  Host Hotels & Resorts announced that it has closed on a term loan for US$500 million through an amendment and restatement of its existing credit facility.

Read more at Host Hotels & Resorts


Baltimore hotel sold:  The 97-room Brookshire Suites, located in downtown Baltimore, sold for US$7.85 million at a Thursday auction.

Read more at the Baltimore Business Journal