Interstate Hotels & Resorts Promotes Ted Knighton to President, Hotel Operations
2006年6月14日 - 10:55PM
PRニュース・ワイアー (英語)
ARLINGTON, Va., June 14 /PRNewswire-FirstCall/ -- Interstate Hotels
& Resorts (NYSE:IHR), the nation's largest independent hotel
management company, today announced that it has promoted Samuel E.
(Ted) Knighton to president, hotel operations. He will be
responsible for overseeing the day- to-day operations of the
company's hotels in the U.S. and Canada. A 16-year veteran with
Interstate, Knighton previously was executive vice president of
operations-full service division, where he had operational
responsibility for approximately 70 full-service hotels with annual
revenues in excess of $1 billion. Prior to that, he was executive
vice president operations of Interstate's Crossroads division,
which encompassed approximately 110 hotels in the select-service,
extended-stay and mid-market segments. His career includes
operations positions with Radisson Hotels International and with
Hyatt Hotels Corporation. Knighton holds a bachelor's degree in
hotel administration from Cornell University. "Ted's experience in
all facets of our portfolio, from luxury hotels to select-service
properties, made him a very logical choice for this key position,"
said Thomas F. Hewitt, Interstate CEO. "His 30-plus years as an
hotelier include all aspects of operations at both top-level brands
and operators." As of May 31, Interstate Hotels & Resorts
operated 264 hospitality properties with nearly 60,000 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 9,800 corporate
apartments located in more than 95 MSAs throughout the United
States and internationally. For more information about Interstate
Hotels & Resorts, visit the company's Web site:
http://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,
although not all forward- looking statements will contain such
words. 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, changes in business and leisure travel patterns
or levels, fuel cost, economic conditions generally and the hotel
and real estate markets specifically, international and
geopolitical instability, health concerns, threatened or actual
terrorist attacks, governmental actions, legislative and regulatory
changes, availability of debt and equity capital, interest rates,
competition, weather conditions or natural disasters, changes in
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 as amended for the year ended December
31, 2005. Contact: Jerry Daly, Carol McCune (media) Daly Gray
Public Relations (703) 435-6293 DATASOURCE: Interstate Hotels &
Resorts CONTACT: Jerry Daly or Carol McCune of Daly Gray Public
Relations, +1-703-435-6293, , both for Interstate Hotels &
Resorts Web site: http://www.ihrco.com/
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