ARLINGTON, Va.—Interstate Hotels & Resorts announces eight new hotels recently opened or signed in growing European and CIS markets, including the United Kingdom, the Netherlands, Bosnia and Herzegovina, Belarus, and Kazakhstan, all under top international franchise brands.
With established scale and operating platforms throughout the region, Interstate has expanded its footprint to include hotels in new markets in Eastern Europe and the CIS, including: 133-room Courtyard Sarajevo and 70-room Residence Inn Sarajevo, the only internationally branded hotels in Bosnia and Herzegovina upon opening in 2015; 267-room Renaissance Minsk Hotel, Belarus, recently opened; 271-room Marriott Astana Hotel, Kazakhstan, recently opened; 100-room Holiday Inn Express Folkestone-Channel Tunnel, U.K.; 204-room Holiday Inn Express London Excel, U.K., anticipated to open in early 2015; 120-room Holiday Inn Amsterdam-Arena Towers and 323-room Holiday Inn Express Amsterdam-Arena Towers, the Netherlands, recently opened.
“The addition of this diverse group of hotel brands to our portfolio is exemplary of Interstate’s global intuitions and brand relationships,” said Jim Abrahamson, chief executive officer of Interstate Hotels & Resorts. “Harnessing the company’s strength, including our institutional-quality scale, we leverage Interstate’s knowledge, relationships, and resources into operating units that are very owner-centric.”
“Expanding Interstate’s reach to 12 countries, we utilize global growth as a strategy, providing the resources, reliable systems, financial reporting, and market intelligence to drive superior results to owners,” said Leslie Ng, Interstate’s chief investment officer. “As the only institutional grade management company in Europe, Interstate translates global knowledge from its expansive, diverse portfolio into local enhancements, from guest experiences to marketing and F&B.”
