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BTW Hotel Holdings, LLC Selects Interstate Hotels & Resorts
to Manage the Comfort Inn Manhattan Bridge in New York City.
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News for the Hospitality Executive |
| ARLINGTON, Va., February 10, 2011—Interstate
Hotels & Resorts, the United
States’ largest independent hotel management company, today announced
that it
signed an agreement and is now managing the Comfort Inn Manhattan
Bridge in
New York City. The hotel, owned by BTW Hotel Holdings, LLC, is
the second
property Interstate manages for these owners and is Interstate’s eighth
property in Manhattan. “New contracts from existing owners are particularly satisfying, and we look forward to further expanding our relationship with the current ownership,” said Thomas F. Hewitt, Interstate’s chief executive officer. “New York is one of the most dynamic hotel markets in the nation and once again is proving itself a leader as the industry recovers from the economic downturn. We are in a strong position to take advantage of the upswing in this market.” Located at 61-63 Christie Street on Manhattan’s lower East Side, the 60-room select-service hotel is well located and offers easy access to many of the area’s most popular attractions, including Chinatown, Little Italy, SoHo, the Financial District, and the Ground Zero Memorial. Close to subway and train stations, it also is convenient to the Jacob K. Javits Convention Center, the Broadway Theater District, Rockefeller Center, the United Nations and Times Square. The hotel provides a free deluxe Continental breakfast and complimentary high-speed Internet access throughout the property. Guest rooms feature flat-screen TVs, curved shower rods, hair dryers, safes, and cable TV with free HBO. Parking is available at area parking garages and lots, as well as at an independently owned operating garage attached to the hotel. About Interstate Hotels & Resorts, Inc. Interstate Hotels & Resorts, Inc, a wholly owned subsidiary of a 50/50 joint venture between subsidiaries of Thayer Lodging and Jin Jiang, is the nation’s largest independent hotel management company based on revenue managed. The company and its affiliates manage and/or have ownership interests in 245 properties with more than 52,000 rooms in 36 states, the District of Columbia, China, Russia, India, Mexico, Belgium, Canada, Ireland and England. The company has ownership interests in 55 of those properties, including six wholly owned assets. In 2010, Interstate Hotels & Resorts pioneered the first independent hotel management company in China, Interstate China Hotels & Resorts, when it formed a joint-venture partnership with Jin Jiang Hotels, China’s leading hotel operator and developer. Interstate offers third-party hotel management on a global basis, providing the resources and infrastructure necessary for comprehensive hotel management operations, including sales and marketing, revenue management, food and beverage operations, e-commerce, accounting, and design and construction project management services for hotel owners and developers seeking a proven and experienced hotel management company. Additional information about Interstate is available at the company’s website: www.ihrco.com. For information about the Comfort Inn Manhattan Bridge, visit the hotel’s website: www.manhattanbridgehotel.com. |
| Contact:
Jerry Daly, Carol McCune Media Daly Gray (703) 435-6293 [email protected] Carrie McIntyre SVP, Treasurer Interstate Hotels & Resorts (703) 387-3320 [email protected]
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