IHR Interstate Hotels & Resorts,

ARLINGTON, Va., Jan. 24 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts (NYSE:IHR), the nation's largest independent hotel management company, today announced that the company will release fourth-quarter and full-year 2005 financial results on Wednesday, February 22, 2006, before the market's opening. Management will hold a conference call at 9 a.m. E.T. to discuss those results. The call will be hosted by Chief Executive Officer Tom Hewitt and Chief Financial Officer Bill Richardson. Stockholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Interstate's Web site, http://www.ihrco.com/, or http://www.streetevents.com/, or may call (800) 240-0204, reference number 11051318. (International investors may call (303) 262-2143.) A recording of the call will be available by telephone until midnight on Wednesday, March 1, 2006, by dialing (800) 405-2236, reference number 11051318. A replay of the conference call will be posted on Interstate Hotels & Resorts' Web site through March 22, 2006. Interstate Hotels & Resorts operates nearly 300 hospitality properties with more than 65,000 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 8,900 corporate apartments located in more than 90 MSAs throughout the United States and internationally. For more information about Interstate Hotels & Resorts, visit the company's Web site: http://www.ihrco.com/. CONTACT: Melissa Thompson, Vice President, Corporate Communications of Interstate Hotels & Resorts, +1-703-387-3377; or Jerry Daly or Carol McCune (Media) of Daly Gray Public Relations, +1-703-435-6293, for Interstate Hotels & Resorts. First Call Analyst: FCMN Contact: julie@dalygray.com DATASOURCE: Interstate Hotels & Resorts CONTACT: Melissa Thompson, Vice President, Corporate Communications of Interstate Hotels & Resorts, +1-703-387-3377; or Jerry Daly, Carol McCune (Media) of Daly Gray Public Relations, +1-703-435-6293, for Interstate Hotels & Resorts Web site: http://www.ihrco.com/

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