BridgeStreet Worldwide Expands Locations Throughout Europe
2006年5月18日 - 11:19PM
PRニュース・ワイアー (英語)
Corporate Housing Leader Launches Global Alliance Program in Europe
ARLINGTON, Va., May 18 /PRNewswire/ -- BridgeStreet Worldwide, a
leading international provider of corporate housing to business and
leisure travelers, today announced that it has expanded its global
network of top-quality, fully equipped, furnished corporate
apartments to 13 key destinations throughout Europe. Already the
largest serviced apartment provider in the United Kingdom and a
full destination services provider in France,
BridgeStreet-certified corporate housing accommodations are now
available in Berlin, Frankfurt and Munich, Germany; Oslo, Norway;
Geneva and Zurich, Switzerland; Milan and Rome, Italy; Prague,
Czech Republic; Copenhagen, Denmark; Helsinki, Finland; and Malmo
and Stockholm, Sweden. This dramatic growth was achieved through
the expansion of the company's proprietary Global Alliance (BGA).
Under the BridgeStreet Global Alliance program, the company
certifies top local and regional providers of serviced apartments
in Europe to ensure that they meet the total quality standards of
the BridgeStreet brand. "Our European expansion came about in
direct response to a growing number of our multi-national clients
who seek longer term accommodations of comparable quality to
BridgeStreet's U.S. accommodations for their executives traveling
overseas," said Lee Curtis, BridgeStreet president. "Through an
expansion of our successful Global Alliance program, we are
selectively recruiting the highest quality local corporate housing
providers in Europe and working with them through a rigorous
certification process. Those providers who join our alliance must
be committed to the same values, quality, and consistency measures
that have become BridgeStreet hallmarks, as well as to the
consistent delivery of superior customer service. "In addition to
these 13 European cities, and our successful operation in London
and Paris, we plan to add a number of locations in Eastern Europe
by June 1st. These destinations are among 50 international
strategic markets we have targeted, where, over the next three to
five years we would like to expand our presence through our Global
Alliance program. We are very optimistic about our growth potential
internationally, and believe the BridgeStreet Global Alliance will
enable us to grow more rapidly and will significantly enhance our
leadership position," Curtis stated. "From our members'
perspective, the Global Alliance allows them to grow their
businesses by becoming a resource to their local customers for
housing needs outside of their immediate markets and by posting
their locations on BridgeStreet's international Web sites, which
enables them to receive inbound business generated by the growing
BridgeStreet brand reach. International locations are searchable
and bookable via the company's Web site,
http://www.bridgestreet.com/. In addition, our network shares
marketing, sales, technology and operational resources, ultimately
generating more business for each member. Concurrently, it further
solidifies our relationship with our customer base by providing a
growing number of important markets." Stephen Hanton, vice
president of European operations, noted that the company's goal in
Europe, as in the U.S., remains meeting and exceeding clients'
needs for product and service quality in corporate apartment
accommodations and to be the easiest corporate housing provider to
do business with. "To ensure the quality and consistency of all
BridgeStreet serviced apartments worldwide, we undertake an
exhaustive due diligence program at each property and for each
partner that also allows them to earn certification over time."
Additional information about BridgeStreet's Global Alliance may be
obtained from Nigel Carter, director, BridgeStreet Global Alliance
Program, +44 (0) 20 7792 2222, . BridgeStreet Worldwide, a
subsidiary of Interstate Hotels & Resorts (NYSE:IHR), is one of
the world's largest corporate housing and serviced apartment
providers. BridgeStreet and its network of Global Partners offer
corporate apartments located in over 100 MSAs throughout the United
States and internationally. BridgeStreet properties meet
uncompromising standards of quality, comfort and service. For more
information about the company and to learn more about how
BridgeStreet is Making Corporate Housing Easy, visit
http://www.bridgestreet.com/ or call 1-800-BSTREET. This press
release contains "forward-looking statements," within the meaning
of the Private Securities Litigation Reform Act of 1995, about
BridgeStreet, a wholly owned subsidiary of 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 changes in the national economy,
economic conditions generally and the real estate market
specifically, the threat of future terrorist attacks, governmental
actions, legislative and regulatory changes, availability of debt
and equity capital, interest rates, competition, 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, 2005. Contact: Jerry Daly or Carol McCune
Daly Gray Public Relations (Media) (703) 435-6293 DATASOURCE:
BridgeStreet Worldwide CONTACT: Jerry Daly or Carol McCune of Daly
Gray Public Relations, +1-703-435-6293, both for BridgeStreet
Worldwide Web site: http://www.bridgestreet.com/
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