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Interstate China Hotels & Resorts to Manage the 850-room
DoubleTree by Hilton Shanghai-Pudong in China

Owned by Shanghai Jin Jiang International Hotels


ARLINGTON, Va., February 28, 2012
Interstate Hotels & Resorts today announced that Interstate China has signed an agreement to manage the 850-room DoubleTree by Hilton Shanghai-Pudong, the first Hilton Worldwide-franchised hotel in China.  The hotel, owned by Shanghai Jin Jiang International Hotels (Group) Co. Ltd., converted to the DoubleTree by Hilton Shanghai-Pudong on February 28, 2012 and will immediately begin a multi-million dollar comprehensive renovation to be completed in 2013.

“It is extremely gratifying to be the first hotel operator of a franchised DoubleTree by Hilton hotel in China,” said Jim Abrahamson, Interstate’s chief executive officer.  “Interstate China, our joint venture with Jin Jiang Hotels, is a business model that we have successfully implemented in other regions globally.  Interstate has a long history as a franchisee/operator in multiple countries.  Our outstanding reputation as a quality operator of leading international brands and our highly experienced Interstate China executive team, combined with our depth of resources and scale, position us well for continued growth in China.”

Formerly the Sofitel JJ Oriental Hotel, the two-tower, 850-room hotel is located in Shanghai’s dynamic Pudong district, offering convenient access to Pudong International Airport and the Shanghai New International Exposition Center (SNIEC).  Amenities include more than 16,000 square feet of flexible meeting and special event space, a fitness center, spa with men’s and women’s sauna and steam facilities, outdoor tennis courts, indoor swimming pool and extensive retail shops.

As part of the hotel’s upcoming refurbishment program, a new 8,000 square foot ballroom will be constructed, while all food & beverage outlets, meeting and banquet space, and retail offerings will be re-designed and revitalized to meet the high quality standards and contemporary style of the DoubleTree by Hilton brand.  For more information, visit the DoubleTree by Hilton Shanghai-Pudong’s website: www.shangahaipudong.doubletree.com

Interstate China Hotels & Resorts Company Limited (“Interstate China”) is a joint venture between Interstate and Shanghai Jin Jiang International Hotels Company Limited (“Jin Jiang Hotels”), China’s leading hotel operator and developer.

About Jin Jiang Hotels
Shanghai Jin Jiang International Hotels (Group) Company Limited is one of the leading hotel operators and managers in China.  The Group is licensed to use the well-regarded “Jin Jiang” brand.  Currently, over 650 hotels are under operation and development, including star-rated hotels and Jin Jiang Inn budget Hotels, providing over 100,000 rooms in the aggregate.  With a solid home base in Shanghai and Beijing, the Group has also successfully spanned its hotel network across nearly 150 cities and towns in 31 provinces, autonomous regions, and municipalities throughout the PRC as of end of June 2010.  In October 2010, the Group was ranked 13th in the world in terms of number of rooms according to HOTELS Magazine, the official publication of the International Hotel & Restaurant Association.

About Interstate Hotels & Resorts
Interstate Hotels & Resorts, Inc., a wholly-owned subsidiary of a 50/50 joint venture between subsidiaries of Thayer Lodging and Jin Jiang, is the largest and leading U.S.-based global hotel management company, operating branded full- and select-service hotels and resorts, conference centers and independent hotels worldwide.  Interstate and its affiliates manage and/or have ownership interests in nearly 400 hotels with more than 70,000 rooms in North America, Europe and Asia-Pacific.  The Company has ownership in 58 of those hotels, including six wholly owned hotels.  In addition, Interstate has executed agreements to manage 27 hotels with over 5,100 rooms under construction or development throughout the world.

For nearly two decades, Interstate has been operating hotels outside of the United States.  The Company’s global management platforms in Western Europe, Russia, India and China provide owners and developers a successful combination of large-scale resources, international expertise, owner and brand relations, and comprehensive hotel management operations, including sales and marketing, revenue management and e-commerce; food and beverage operations; human resources; accounting and finance; and technical consulting services.  For additional information about Interstate, visit the company’s website:  www.ihrco.com.
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Contact:

Jerry Daly, Carol McCune
Media
Daly Gray
(703) 435-6293
Lauralee@dalygray.com

Carrie McIntyre
SVP, Treasurer
Interstate Hotels & Resorts
(703) 387-3320
carrie.mcintyre@ihrco.com




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