Interstate Hotels & Resorts to Manage Florida's 294-Room Hyatt Regency Sarasota
August 17, 2017 1:01pm
ARLINGTON, Va., Aug. 17, 2017 -- Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announces that it has been selected to manage the award-winning Hyatt Regency Sarasota, owned by a group led by Florida Philanthropist Dr. Kiran Patel. The hotel will be asset-managed by KDG Capital.
With a dramatic bayside setting, the eco-friendly Hyatt Regency Sarasota introduces guests to the best Florida has to offer. The modern, resort-style, 294-room hotel is located minutes from the spectacular white-sand beaches of the Gulf of Mexico. The hotel features more than 20,000 square feet of meeting space, a lagoon-style pool, 24-hour gym and a private 32-slip marina and dock.
Interstate also operates a 230-room Marriott in Minneapolis for Dr. Patel. Said Mike Deitemeyer, CEO of Interstate Hotels & Resorts, "It is gratifying to earn additional business from an existing customer. Operating premium-branded, full service hotels are at the core of our management capabilities, and we are excited to expand our relationship with Dr. Patel's organization within this lodging sector. We are confident in delivering exceptional guest experiences and generating superior financial returns for this premium, market-leading hotel and are thankful for his belief in our operating model."
A global leader in third-party hotel management, Interstate Hotels & Resorts' depth of experience across all lodging segments and asset classes drives results in each of its managed hotels worldwide. For more information on Interstate Hotels & Resorts, visit www.InterstateHotels.com.
Tags: interstate hotels & resorts,
hyatt regency sarasota,
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 in 10 countries. Interstate's global portfolio currently includes 447 properties with 82,602 rooms including signed hotels under construction or development. 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.
Contact: Kerri Crannis
Interstate Launches New Lifestyle Softbrand, INTRIGUE Hotels & Resorts by Interstate
Interstate Hotels & Resorts Opens New Hilton Dual-Branded Hotel at Los Angeles International Airport (LAX)
John A. Rubino Promoted to Executive Vice President of Interstate's Crossroads® Hospitality Division
Yareton Investment & Management and Interstate Hotels & Resorts Break Ground on Marriott Seattle Tacoma, Washington
Waramaug LS Hotels Completes Renovations of Extended Stay Portfolio Including Three SpringHill Suites and Seven TownPlace Suites
Interstate Hotels & Resorts Executed 24 YTD Management Agreements for Hotels Under Development or Construction
Michael J. Deitemeyer Named Chief Executive Officer of Interstate Hotels & Resorts
Interstate Hotels & Resorts Appoints Brett Stewart to Senior Vice President, Development and Capital Markets
Presidio Companies Opens DoubleTree Suites by Hilton Sacramento Rancho Cordova Following $10 Million Renovation
Hotel Indigo® Tuscaloosa Downtown Hotel Appoints A.J. Clements as Food & Beverage Director
Owned by Chance Partners and Managed by Interstate Hotels & Resorts, Hotel Indigo Tuscaloosa Downtown Opens in Alabama
Interstate Hotels & Resorts Opens New 195-Key Homewood Suites by Hilton in Washington, D.C.
Jim Abrahamson Named as Chairman of the Board for Interstate Hotels & Resorts
Interstate Hotels & Resorts Appoints Greg Hopton-Jones Director of Sales of Hotel Indigo® Tuscaloosa Downtown
Interstate Hotels & Resorts Selected by U.S. OCG to Manage Holiday Inn Los Angeles-LAX
Interstate Hotels & Resorts Appoints Three Key Sales Executive Positions
Interstate Hotels & Resorts Selected to Manage Sheraton Cerritos Hotel, Recently Acquired by Crown Jewel of Pacifica, LLC
Interstate Hotels & Resorts Promotes Jane Blake as Chief Human Resources Officer
Interstate Hotels & Resorts Europe Signs 13 New Management Contracts Adding Over 2,000 Rooms to Portfolio
Interstate Hotels & Resorts Appoints Michael Miner as SVP, Operations
Please login or register to post a comment.