Interstate Hotels & Resorts recently signed several management contracts for hotels in the London area, which is a first in the city for the company. Interstate Hotels & Resorts, which is based in Arlington, signed management contracts with Argyll Hotel Group and Harte Holdings for three hotel properties. All of the boutique hotels are located in central London, including The Cranley, The Royal Park and the Elizabeth.
Interstate Hotels & Resorts has already joined forces with Harte Holdings on a joint venture that started just last year. The agreement is for the management of four hotels in the United States, which includes the Latham Hotel in Georgetown.
Interstate Hotels & Resorts will be responsible for overseeing the management of the hotels in London, conveniently from the comforts of the regional office located in Moscow. The company plans to tap into other international markets, including Belgium, Canada, Costa Rica, India, Ireland, Mexico and Russia. Interstate Hotels & Resorts presently holds ownership stakes or manages more than two hundred thirty hotels.
The roots of Interstate Hotels & Resorts can be traced all the way back to 1960. The company that it is today is the result of a number of mergers that involved successful and prominent hotel ownership and management companies. With each new merger that was made, Interstate Hotels & Resorts just grew bigger and better. This made it possible for the company to offer a level of value and service to owners of hotels that is unmatched in the industry.
Interstate Hotels & Resorts is proudly the biggest independent hotel management company in the nation. Along with its affiliates, it manages or owns interest in two hundred thirty-two properties all around the world in prestigious locations, such as Canada, England, Belgium, Ireland, India, Russia, Mexico and the United States.
The company has almost fifty years of experience with hotel, resort and conference centre management. Interstate Hotels & Resorts has proven to be a top choice among the many different companies specializing in hotel management. The company continues to deliver for institutional real estate owners, non-institutional ownership groups, high new worth investors, private equity funds and privately held companies.