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April 18, 2015 5:38 AM ET

Hotels, Restaurants and Leisure

Company Overview of Interstate Hotels & Resorts Inc.

Company Overview

Interstate Hotels & Resorts, Inc., together with its subsidiaries, operates as a hotel real estate investor and independent hotel management company. It operates in two segments, Hotel Ownership and Hotel Management. The Hotel Ownership segment includes wholly-owned hotels and joint venture investments in hotel properties. As of December 31, 2008, it owned 7 hotels with 2,051 rooms; and held non-controlling equity interests in 18 joint ventures, which owned or held ownership interests in 50 of its managed properties. The Hotel Management segment manages a portfolio of upscale, full-service and premium, select-service hospitality properties. It also provides ancillary services in the hotel, r...

4501 North Fairfax Drive

Suite 500

Arlington, VA 22203

United States

Founded in 1998

19,000 Employees





Key Executives for Interstate Hotels & Resorts Inc.

Chief Executive Officer and Executive Director
Age: 58
Executive Vice President and Treasurer
President of Hotel Operations
Age: 60
President of International Operations & Development
President of BridgeStreet Corporate Housing Worldwide Division
Age: 49
Compensation as of Fiscal Year 2014.

Interstate Hotels & Resorts Inc. Key Developments

Interstate Signs Management Agreement for 18 Properties in UK

Interstate Hotels & Resorts has signed 18 management agreements with an affiliate of Cerberus Capital Management for its hotel portfolio in the UK. The new deal increases the Interstate's UK division's hotel-portfolio to 59 in the country. The 18-hotel portfolio includes 2,443 guestrooms, covering the Holiday Inn and Crowne Plaza branded properties. Under the deal, Interstate will manage a 216-room Holiday Inn Gatwick London Airport, 142-room Holiday Inn Farnborough, 202-room Holiday Inn Reading South, 188-room Holiday Inn Leicester, 144-room Holiday Inn Hemel Hempstead, and a 139-room Holiday Inn Aylesbury, as well as a 130-room Holiday Inn Southampton. The deal also includes a 112-room Holiday Inn High Wycombe, 101-room Holiday Inn Edinburgh City West, 135-room Crowne Plaza Leeds, 158-room Holiday Inn Coventry, 107-room Holiday Inn London Bexley, 125-room Holiday Inn Gloucester, Cheltenham, and a 105-room Holiday Inn Maidstone, Sevenoaks. In addition, the portfolio comprises an 86-room Holiday Inn Basingstoke, 24-room Holiday Inn Fareham, 100-room Holiday Inn Hull Marina, and a 129-room Holiday Inn Southampton.

Interstate Hotels & Resorts Inc. Presents at Americas Lodging Investment Summit, Jan-28-2015 08:00 AM

Interstate Hotels & Resorts Inc. Presents at Americas Lodging Investment Summit, Jan-28-2015 08:00 AM. Venue: JW Marriott & Nokia Theatre L.A., Los Angeles, California, United States. Speakers: James R. Abrahamson, Chief Executive Officer and Executive Director.

Interstate Hotels & Resorts Announces Executive Appointments

Interstate Hotels & Resorts announced the executive committee appointments of Laura E. FitzRandolph as executive vice president and chief human resources officer, and Erica H. Hageman as executive vice president and general counsel, both reporting directly to Interstate's CEO, Jim Abrahamson. FitzRandolph brings more than 15 years of experience and insight to her global human resources role, guiding all aspects of talent acquisition, management and development for Interstate's more than 30,000 associates worldwide. FitzRandolph will also continue to oversee Interstate's labor and employment legal matters. In her previous role at Interstate, she was primarily focused on the Company's U.S. human resources function. FitzRandolph joined the company in 2006. In her new role as general counsel, Hageman is responsible for the oversight of all aspects of Interstate's legal and compliance functions. Joining the company in 2008, Hageman was previously responsible for the oversight of Interstate's global mergers and acquisitions, management agreements, joint ventures and corporate litigation as senior vice president and assistant general counsel.

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