Interstate Hotels & Resorts Announces Management Contracts For Ibis Budget Hotels In Derby And Leicester
Interstate Expands United Kingdom Portfolio to 49 Hotels
pursuit of further expansion opportunities within the UK throughout 2014," said Jim Abrahamson, chief executive officer of Interstate. "Transaction activity in these markets is growing and Interstate is looking forward to utilizing our expansive bench strength, exceptional executives and strong leadership team in the UK to further enhance hotel owner opportunities, producing strong results worldwide."
The 81-room ibis budget Hotel Derby, and 73-room ibis budget HotelLeicester, are mid-tier hotels situated close to the city centers of Derby and Leicester. Both hotels offer contemporary guestrooms with en-suite showers, air cooling, flat screen TVs and a continental breakfast served daily.
"Securing our management for these two attractive, centrally-located ibis budget hotelswill add to Interstate's UK portfolio of full and select service branded hotels, including some independent brands," said Robert Crook, Interstate's managing director for the UK. "These management wins come in the wake of last month's rebranding of the former Quality Hotel to Holiday Inn Express Edinburgh Airport following a multi-million pound investment and take our UK portfolio to 49 hotels under franchise agreements with many of the world's leading hotel companies."
Interstate's UK portfolio currently consists of 49 hotels under franchise agreements with hotelcompanies including InterContinental Hotels Group, Hilton Worldwide, Accor, Wyndham and Best Western. Brands include Hotel Indigo, Holiday Inn, Holiday Inn Express, DoubleTree by Hilton, Hampton by Hilton, ibis Styles, ibis budget and Days. The portfolio also includes a number of independent hotels.
For more information about Interstate Hotels & Resorts in the UK and Europe, please visit www.interstatehotels.co.uk.
About Interstate Hotels & Resorts
Interstate Hotels & Resorts is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels, resorts, convention centers, and independent hotels. Currently, Interstate"s global portfolio represents 540 properties in 12 countries inclusive of committed pipeline of signed hotels under construction or development around the world. The Company"s experienced operators, industry leading platforms, and extensive management capabilities produce exceptional guest experiences and optimal returns for hotel owners and investors. For more information, please visit www.interstatehotels.com, or follow Interstate on Facebook and LinkedIn.For more information regarding hotel management in Europe, please contact Senior Vice President, Development-Europe, Aaron Greenman, at +32 490 43 15 72 or visit www.interstatehotels.co.uk. For more information about Interstate Hotels & Resorts worldwide, please visit www.interstatehotels.com.