Interstate Hotels & Resorts to Manage Myrtle Beach Convention Center Hotel; Property to Convert to Sheraton Brand on September 2
2005年9月28日 - 10:00PM
ビジネスワイヤ(英語)
Interstate Hotels & Resorts (NYSE: IHR), the nation's largest
independent hotel management company, today announced that it has
signed a management contract to operate the 402-room Radisson Plaza
Hotel Myrtle Beach Convention Center. Interstate will assume
management on September 28, 2005, and immediately convert the hotel
to the Sheraton flag. The hotel's new name will be Sheraton Myrtle
Beach Convention Center Hotel. "This two-year-old hotel is in great
physical condition, and we believe it will benefit significantly
from our aggressive management style and participation in the
Sheraton system," said Thomas F. Hewitt, Interstate chief executive
officer. "We have extensive expertise in operating convention- and
meeting-oriented hotels, and already are marshalling our regional
and national sales teams to provide immediate support." The
Sheraton Myrtle Beach Convention Center Hotel is located at 2101
North Oak, three blocks from the Atlantic Ocean, and is connected
directly to the 250,000-square-foot Myrtle Beach Convention Center.
The adjacent convention center offers 17 meeting rooms, a 17,000
square-foot grand ballroom and a 100,000-square-foot exhibition
hall, which can accommodate conventions and meetings for up to
10,000 people. "The property is just three blocks from Broadway by
the Beach, the city's prime retail, entertainment and restaurant
complex," General Manager Suzanne Hinde noted. "The weather in
Myrtle Beach creates an ideal destination for meetings year-round.
The area offers more than 100 golf courses, beautiful beaches and
nature preserves, as well as numerous other attractions." The hotel
features an indoor swimming pool and hot tub, fitness center and a
full-service, upscale restaurant. Guest rooms will feature all of
the brand's signature amenities, including the Sheraton Sweet
Sleeper bed, high-speed Internet access and oversized desks. Guests
can participate in the Starwood Preferred Guest program. Interstate
Hotels & Resorts operates nearly 300 hospitality properties
with more than 68,000 rooms in 41 states, the District of Columbia,
Canada, and Russia. BridgeStreet Worldwide, an Interstate Hotels
& Resorts' subsidiary, is one of the world's largest corporate
housing providers. BridgeStreet and its network of Global Partners
offer more than 8,700 corporate apartments located in 91 MSAs
throughout the United States and internationally. For more
information about Interstate Hotels & Resorts, visit the
company's Web site: www.ihrco.com. This press release contains
"forward-looking statements," within the meaning of the Private
Securities Litigation Reform Act of 1995, about Interstate Hotels
& Resorts, including those statements regarding future
operating results and the timing and composition of revenues, among
others, and statements containing words such as "expects,"
"believes" or "will," which indicate that those statements are
forward-looking. Except for historical information, the matters
discussed in this press release are forward-looking statements that
are subject to certain risks and uncertainties that could cause the
actual results to differ materially, including the volatility of
the national economy, economic conditions generally and the hotel
and real estate markets specifically, the aftermath of the war with
Iraq, international and geopolitical difficulties or health
concerns, governmental actions, legislative and regulatory changes,
availability of debt and equity capital, interest rates,
competition, weather conditions or natural disasters, supply and
demand for lodging facilities in our current and proposed market
areas, and the company's ability to manage integration and growth.
Additional risks are discussed in Interstate Hotels & Resorts'
filings with the Securities and Exchange Commission, including
Interstate Hotels & Resorts' annual report on Form 10-K for the
year ended December 31, 2004.
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