Hotel Finance Resource - Interstate News

He previously served as Interstate’s global director of worldwide sales. In his new position, McCurdy will be responsible for developing and expanding the company’s corporate sales initiatives and expanding relationships with key global accounts. - More

Luxury Resort in Jaipur Expected to Open in August; Ramada Amritstar to Open in September - More

The new-build hotel, which includes Moscow's largest dedicated conference center, is part of a mixed-use development built and owned by Monarch Open Joint Stock Company 'Concern Monarch,' one of the largest construction companies in Moscow. - More

Interstate Hotels & Resorts announced that it has formed a strategic alliance with IHI Ltd, an affiliate of Harte Holdings, to operate and selectively invest in hotels in Europe. Interstate already manages six hotels for affiliates of Harte Holdings in the U.S. and Europe, four of which are owned by a joint venture between the two organizations.... - More

Interstate Hotels & Resorts, an independent hotel management company, announced that it has signed a joint venture agreement with Shanghai Jin Jiang International Hotels Company Limited, China's leading hotel operator and developer, to create a platform to pioneer third-party hotel management in China. - More

Interstate Hotels & Resorts (NYSE: IHR), a leading hotel real estate investor, today announced the completion of the merger with Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund sponsored by Thayer Lodging Group, and Shanghai Jin Jiang International Hotels (Group) ... - More

Interstate Hotels & Resorts (NYSE: IHR), a leading hotel real estate investor and the nation’s largest independent hotel management company, today announced that its stockholders approved, at a special meeting held today, the merger agreement by which Interstate will be acquired by Hotel Acquisition Company, LLC. - More

Officials of The Westin Bonaventure Hotel & Suites which is independently owned by Today's IV, Inc. and operated by Interstate Hotels & Resorts, Inc. under a license issued by Westin Hotel Management, L.P. announced that the hotel's four restaurants—Lake View Bistro, Lobby Court Bar, Bonavista Lounge, L.A. Prime and its valet parking operat... - More

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Interstate Hotels & Resorts (NYSE:IHR) related to the Company's agreement to be acquired by Hotel Acquisition Company, LLC - a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund sponso... - More

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Interstate Hotels & Resorts Inc. (NYSE: IHR) arising from the Company's announcement of its intent to be acquired by Hotel Acquisition Co. LLC. - More