Company Description:
Interstate Hotels & Resorts (NYSE: IHR) is a leading hotel real estate investor and the nations largest independent operator of full and select-service hotels. The company has ownership interests in 54 hotels and resorts, including seven that are wholly-owned. Together with these properties, Interstate manages 217 hotels with over 45,000 rooms in 36 states, the District of Columbia, Belgium, Canada, Ireland, Mexico and Russia. Interstate also has contracts to manage 17 to be built properties with approximately 4,000 rooms.?? As a preferred hotel management company, Interstate Hotels & Resorts consistently delivers results for hotel REITs, as well as other institutional real estate owners, non-institutional ownership groups, and other privately held companies, such as the Blackstone Group. While hotel management remains a primary component of the company's business, Interstate has embarked on a strategic growth plan that complements and supplements hotel management services with real estate ownership through joint ventures and wholly-owned hotel acquisitions. With over 45 years of experience managing hotels, resorts, conference centers and condominium hotels, Interstate is a proven choice among hotel management companies. It is the companys unique ability to combine extensive resources and unparalleled depth with responsiveness and dexterity that allow its hotels to succeed in any marketplace.
Interstate Hotels & Resorts (NYSE: IHR) is a leading hotel real estate investor and the nations largest independent operator of full and select-service hotels. The company has ownership interests in 54 hotels and resorts, including seven that are wholly-owned. Together with these properties, Interstate manages 217 hotels with over 45,000 rooms in 36 states, the District of Columbia, Belgium, Canada, Ireland, Mexico and Russia. Interstate also has contracts to manage 17 to be built properties with approximately 4,000 rooms.?? As a preferred hotel management company, Interstate Hotels & Resorts consistently delivers results for hotel REITs, as well as other institutional real estate owners, non-institutional ownership groups, and other privately held companies, such as the Blackstone Group. While hotel management remains a primary component of the company's business, Interstate has embarked on a strategic growth plan that complements and supplements hotel management services with real estate ownership through joint ventures and wholly-owned hotel acquisitions. With over 45 years of experience managing hotels, resorts, conference centers and condominium hotels, Interstate is a proven choice among hotel management companies. It is the companys unique ability to combine extensive resources and unparalleled depth with responsiveness and dexterity that allow its hotels to succeed in any marketplace.