Interstate Hotels & Resorts Names Chris Van der Baars VP, Development
2006年6月29日 - 10:58PM
PRニュース・ワイアー (英語)
ARLINGTON, Va., June 29 /PRNewswire-FirstCall/ -- Interstate Hotels
& Resorts (NYSE:IHR), the nation's largest independent hotel
management company, today announced that Chris Van der Baars has
been named vice president, development. In this new position, Van
der Baars will spearhead the company's condo/hotel efforts,
beginning with the recently signed 1,100- unit Pinnacle Condominium
Resort in Las Vegas, an $850 million, under- development condo
resort project that is being managed by Interstate. Van der Baars
will report to Leslie Ng, Interstate's chief investment officer.
"With his more than 30 years of experience in all aspects of hotel
and resort operations, Chris adds a strong resort dimension to the
considerable experience of the company's business development
group," Ng said. "He also understands the complexities of
condo/hotel operations, especially in dealing with homeowner groups
and marketing, which we believe will give us a competitive edge in
identifying and securing management opportunities in this growing
niche segment. In addition to his strong leadership skills, he has
experience with construction and renovation, which will be
invaluable on the Pinnacle project." A hospitality industry
veteran, Van der Baars joined Interstate in 2000 as manager of the
500-room Doubletree Westshore in Tampa, an airport property with
25,000 square feet of meeting space, where he was responsible for
leading a major turnaround of the property. He was then promoted to
general manager of Interstate's South Seas Resort in Captiva, Fla.,
a 330-acre complex that includes a condominium hotel, timeshare
operations, employee housing, two marinas, two golf courses, tennis
operation, eight F&B outlets, catering, room service,
recreation programs and retail, both owned and leased. Prior to
joining Interstate in 2000, Van der Baars was president of his own
consulting firm, which specialized in maximizing individual and
team performance in the hospitality industry for such clients as
Hershey, Colonial Williamsburg, Starwood, Preferred Hotels and the
DuPont Company. Among the high-profile resorts he has managed
during his career are the Delta Orlando Resort, an 800-room hotel
catering to domestic and international family markets, and The
Lodge at Vail, one of America's premier ski resort condo- hotels.
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, both of Daly Gray
Public Relations (media), +1-703-435-6293, for Interstate Hotels
& Resorts Web site: http://www.ihrco.com/
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