Hotel Rath Near Dublin, Ireland to Become Marriott Ashbourne Upon Opening in 2007
2006年11月28日 - 11:17PM
PRニュース・ワイアー (英語)
Interstate Hotels & Resorts to Manage Newly Flagged Property
ARLINGTON, Va., Nov. 28 /PRNewswire-FirstCall/ -- Interstate Hotels
& Resorts (NYSE:IHR), one of the nation's largest independent
hotel management companies, today announced that the
under-construction Hotel Rath in Ashbourne, County Meath, Ireland
will become a Marriott hotel under a new franchise agreement with
the owners. Interstate, who signed a long-term contract in July to
operate the property, will manage the new Ashbourne Marriott. The
hotel is scheduled to open in early 2007. Located within 15 minutes
of Dublin International Airport, the 148-room, upscale hotel is
owned by a local group of investors that includes John McCabe of
McCabe Builders Ltd; Paddy Kelly, a well-known local developer; and
John Walsh, a private developer. "When we signed on as the
management company, we brought with us strong relationships with
the world's leading brands," said Thomas F. Hewitt, Interstate
chief executive officer. "We determined that the Marriott flag was
best suited for this property and its location. The combination of
our proprietary management programs and the power of the Marriott
brand will help us optimize results." "This will be a landmark
property in an ideal location for both business and leisure
travelers, at the junction of two major thoroughfares that link
Dublin to Derry and Belfast," said Hank Ciaffone, Interstate's
president, international operations and development. "Both traveler
groups are well served by the Marriott brand, with its first-class
hotel amenities and services and 1,000 square meters of meeting
space that can accommodate groups of up to 600. This is the 62nd
Marriott property we manage, and we have a great working
relationship with them." Located in County Meath, north of Dublin,
the Ashbourne Marriott also will serve the nearby suburbs of Swords
and Rathoth and is at a convenient meeting point for travelers from
Derry and Belfast. The full-service property features the Mystic
Steak & Seafood Restaurant, serving three meals a day; a lobby
lounge and a modern Irish Pub, RED; as well as a street cafe
serving lighter fare. Recreational amenities within the Clann,
Health and Wellness Club include an indoor swimming pool and a
1,330- square meter health club with a steam room, a sauna, plunge
pool, three treatment rooms, and a fitness area. Other amenities
include 24-hour room service, a business center, in-room mini-bar,
on-site parking and two retail shops. Sean Worker, Interstate EVP
operations and development, noted that the convenient location
makes the hotel ideal as 'the place to meet' in the North Dublin
corridor. "Marriott is known and respected around the world as a
full- service hotel brand of the highest quality and service
standards. We look forward to serving the complete needs of a
diverse mix of travelers. And our ample meeting space will help us
assume a leadership position with the business meetings and
weddings markets, as well." As of October 31, Interstate Hotels
& Resorts operated 232 hospitality properties with more than
52,000 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
approximately 10,000 corporate apartments located in more than 100
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, for Interstate Hotels & Resorts Web
site: http://www.ihrco.com/
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