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Interstate Hotels & Resorts |
4501 N. Fairfax Drive, Suite #800
Arlington, VA 22203 |
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Company Description |
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Interstate Hotels & Resorts, the nation's largest independent hotel management company, manages more than 300 hotels in 40 states, the District of Columbia, Canada and Russia. Interstate's stock is traded on the New York Stock Exchange under the symbol IHR.
The company also operates hotels for REITs, such as MeriStar Hospitality Corporation and Sunstone Hotel Investors, as well as institutional real estate owners, non-institutional ownership groups and privately held companies.
With more than 300 hotels, Interstate is able to obtain economies of scale that help lower overall operating costs and improve the bottom line performance of its managed hotels.
Interstate Hotels & Resorts has two subsidiaries:- BridgeStreet Worldwide - one of the world's largest corporate housing providers.
- Continental Design - a procurement, design management, project management, construction management and engineering consultation provider for hotel owners
Interstate Hotels & Resorts traces it roots to 1941 and today is the result of several mergers involving prominent and successful hotel management and ownership companies. With each merger, the company grew larger and stronger, enabling it to provide an unmatched level of service and value to hotel owners.
HOTEL MANAGEMENT
Interstate's winning combination of experience and resources consistently produces strong results for our hotel owners, making the company the manager of choice for many REITs, joint ventures, institutional real estate owners, non-institutional ownership groups and privately held companies.
Our hotel owners gain from the benefits of our size, but not at the expense of responsiveness and individualized attention. Because of our size, we're able to offer cost-savings in purchasing and insurance; support in legal services, training, accounting, IT and interior design; and management/managerial oversight of marketing, revenue management, and operations functions. In spite of our size, because of our commitment to service, we deliver all of these services with a small-company responsiveness and dexterity that allows our properties to thrive in any marketplace.
Interstate operates its properties within three divisions to enhance our capacity to focus on the differing needs of particular hotel segments and the unique needs of individual properties.
Full-Service Hotels & Resorts
Full-service branded hotels will prosper through the applied experience of a team dedicated to that category and possessing more experience working with major brands than any other independent management resource in the world.
Independent hotels and resorts will benefit from a network of professionals concentrating on the needs and nuances of the audience and the marketplace relative to the property.
Crossroads
Select-service and extended-stay properties gain advantages and efficiencies through management efforts tailored to the demands of this competitive segment.
International
Success in the international arena requires knowledge of the local market and the ability to modify practices and resources to suit that market. Interstate's international operations team has successfully managed to every aspect of hotel operations in such disparate locations at Russia, Portugal and Belgium. |
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Why People Like to Work for Us |
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The foundation of our business is built on four principles:- Exceeding Guest Expectations
- Driving Revenue
- Ensuring Associate Satisfaction
- Maximizing Profit
It is from these four elements that Interstate Hotels & Resorts measures success.
Corporate Responsibility Philosophy
As a responsible corporate citizen, Interstate Hotels & Resorts believes we should play a meaningful role in the social and economic conditions of the areas we serve. Our philosophy is to participate in programs that support and improve the quality of life in communities in which our employees live and we do business. Our efforts include support from our individual hotels, as well as our corporate office.
Areas of Focus
There are thousands of worthwhile charities, and Interstate receives hundreds of requests annually. After a thorough review of funding opportunities, possible recipients and worthwhile causes, Interstate determined we can make the most meaningful impact by concentrating on three areas:
Education- Promoting the hospitality industry as a career choice for high school and college students
- Facilitating merit-based access to higher education for under-represented groups
- Assisting individuals already in the workforce complete their secondary education
- Advancing teaching through recruitment, professional development, support and retention of teachers
Community & Economic Development- Helping train people for employment and/or creating jobs in low-income communities
- Revitalizing low- to moderate-income neighborhoods
Health & Human Services- Supporting access to health education and quality care
- Supporting programs to develop or enhance quality of life and professional opportunities for low-income, disabled or minority individuals
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Company Statistics |
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Property Portfolio |
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| Types of properties we operate |
Hotel, Resort, Condominium, Time-Share, Conference Center |
| Types of locations |
Airports, Resorts, Major Cities, Small Cities, Suburban, Small Towns |
| Franchise affiliations | Best Western
Comfort Inn
Courtyard by Marriott
Crowne Plaza
Doral
Doubletree
Embassy Suites
Fairfield Inn by Marriott
Four Points by Sheraton
Hampton Inn
Hilton Garden Inn
Hilton
Holiday Inn
Homewood Suites
Independents
Marriott
Microtel Inn
Quality Inn & Suites
Radisson
Ramada Inn
Rensaissance
Residence Inn by Marriott
Sheraton
Westin
Wyndham
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| Properties are located in |
Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Canada
US Virgin Islands
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- We operate a total of 262 properties.
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Company Characteristics |
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- The company is very sound financially.
- We are adding additional properties to the portfolio every year.
- We have a strong track record of promoting people based on performance, results, and willingness to relocate.
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Internet Links |
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