Interstate Hotels & Resorts Elects Ronald W. Allen to Board
2006年9月12日 - 12:04AM
PRニュース・ワイアー (英語)
ARLINGTON, Va., Sept. 11 /PRNewswire-FirstCall/ -- Interstate
Hotels & Resorts (NYSE:IHR), the nation's largest independent
hotel management company, today announced that Ronald W. Allen has
been elected to its board of directors. Allen is the retired
chairman of the board, president and chief executive officer of
Delta Air Lines, the nation's fastest growing international
airline. Since his retirement in July 1997, he has acted as a
consultant to and advisory director of the company. Under his
leadership, Delta grew from an airline primarily serving the
southeastern U.S. to an international airline offering service to
more than 190 cities in 26 countries. During his tenure, he also
engineered the acquisition of Western Airlines and the assets of
Pan Am World Airways. At the time of Allen's departure in 1997,
Delta had the lowest operating cost of any major carrier, was
producing record profits, all furloughed personnel had returned to
work and Delta's stock price was at an all-time high. "Ron Allen is
a business legend and one of the most highly regarded executives in
the nation," said Thomas F. Hewitt, Interstate's chief executive
officer. "With his extensive background in a hospitality-related
business, operations grounding, wealth of financial experience and
expertise in international markets, he will be an invaluable
resource for us as we continue to diversify our revenue sources."
Allen serves on the board of directors of The Coca-Cola Company,
Aaron Rents, Inc., and Aircastle. He is a graduate of Georgia
Institute of Technology, where he received a Bachelor of Industrial
Engineering degree. As of July 31, Interstate Hotels & Resorts
operated 252 hospitality properties with more than 56,000 rooms in
40 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 10,000 corporate apartments located in more than 110 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: Carrie McIntyre
Jerry Daly, Carol McCune (media) SVP, Treasurer Daly Gray Public
Relations (703) 387-3320 (703) 435-6293 DATASOURCE: Interstate
Hotels & Resorts CONTACT: Carrie McIntyre, SVP, Treasurer of
Interstate Hotels & Resorts, +1-703-387-3320; Media: 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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