Interstate to open six new UK hotels
The signings include three existing hotels, and three which are currently in development. The hotels are:
- Holiday Inn Express Dundee, 95 rooms
- Staybridge Suites Birmingham, 179 rooms
- Ramada Encore Luton Airport, 124 rooms
- Holiday Inn Express Wigan, 90 rooms, opening in 2015
- Indigo Hotel Brighton, 124 rooms, opening in 2016
- Ibis Styles Greenwich North, 50 rooms, opening in 2016
The new signings will increase Interstate Hotels & Resorts’ UK hotel portfolio to 44 managed properties. The company’s portfolio includes full-service, select-service and extended-stay hotel brands.
Aaron Greenman, Interstate's senior vice president of acquisitions and development for Europe, said: “Interstate is the only top tier U.K. operator that is truly independent, with a sole focus on operating assets for third party owners.
“It offers a complete suite of hotel management services in the United Kingdom with a dedicated UK-based team of hospitality professionals, delivering significant opportunities to generate higher profit for owners."
UK expansion
The new hotel signings are part of Interstate’s plan to grow its UK hotel portfolio to over 100 properties in the next five years.
In 2013, the company acquired hotel development company Sanguine Hospitality Management, and the Glasgow-based Chardon Management.
Jim Abrahamson, chief executive officer of Interstate Hotels & Resorts, said: "With our established Interstate UK and Europe platforms, the company continues to successfully grow in the region.
“Employing our global knowledge, vast resources and strong relationships with all major international brands, Interstate is well-positioned to deliver dedicated, localized service and exceptional results to hotel owners and developers."
