Latitudes: Lifestyles by Crescent Hotels & Resorts will manage the hotel, which is adjacent to Hall Arts Residences.
The Paris-based company has signed a portfolio totaling 864 guestrooms under a management agreement with Denmark's Proark.
After a multimillion-dollar refresh, the hotel unveiled an updated lobby and reception area as well as 253 newly designed guestrooms.
Benchmark will continue to operate and market the 230-room property, which is located at the foot of Snow King Mountain in Jackson Hole, Wyo.
Apsilon Properties, a hotel development company that owns and operates several IHG-branded properties in metro Atlanta, will own this new hotel.
Rising rates boosted revenue for both the quarter and the year, but the company's pipeline dropped by 7,000 rooms quarter-to-quarter.
Matt Luscombe has nearly 20 years of hospitality and consumer experience, including a decade with IHG.
The new hotels opened in Mesquite, Texas; Bardstown, Ky.; and Santa Monica and Hollister, Calif.
Shutters on the Beach and Hotel Casa del Mar, two neighboring hotels in Santa Monica, add more than 300 guestrooms to Preferred's portfolio.
This achievement coincides with the one-year anniversary of Choice Hotels' acquisition of the WoodSpring brand and franchise business.