Interstate Hotels & Resorts Opens Hilton Moscow Leningradskaya Hotel
2008年8月26日 - 9:30PM
PRニュース・ワイアー (英語)
First Hilton Brand Hotel in Russia's Capital City ARLINGTON, Va.,
Aug. 26 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts
(NYSE:IHR), a leading hotel real estate investor and the nation's
largest independent operator of full- and select-service hotels,
today announced that it has opened and is managing the 273-room
Hilton Moscow Leningradskaya in Russia. The landmark hotel, which
is owned by JSC Sadko, recently completed a two-year total
restoration and is the first Hilton brand hotel in Russia. It is
Interstate's eighth property in Europe. "The addition of this hotel
to our portfolio is an excellent illustration of our continued
focus on international expansion and our ability to build on the
solid platform we established more than a decade ago," said Thomas
F. Hewitt, chief executive officer at Interstate. "Interstate was
one of the first independent management companies to operate in
Moscow, and after 13 years has developed strong local and regional
relationships and contacts. We also have strong ties to all the
major hotel franchisors and are delighted to have successfully
negotiated the Hilton affiliation and to be managing the first
Hilton hotel in Russia. We have a very strong pipeline of
additional management contract opportunities in Russia, greater
Europe, India, Mexico and Central America." "Moscow is one of the
fastest-growing cities and strongest economies in the world today,
and this is one of the most recognized hotels in the city, one of
seven famous 'Stalin' towers that visually define the Moscow
skyline," said Henry L. Ciaffone, president of international
operations and development at Interstate. "The restoration has
successfully blended the property's rich architectural heritage and
today's latest technology and amenities. With its highly desirable
location just off Komsomolskaya Square and the power of the Hilton
name, we expect Moscow's first Hilton brand hotel to become a
magnet for international business and leisure travelers."
Originally constructed in 1954, the 28-story Hilton Moscow
Leningradskaya, located at Kalanchevskaya Street 21/40, underwent a
total renovation that touched virtually every part of the hotel
while retaining many of its historic architectural features. Among
the upscale hotel's many amenities are an indoor heated swimming
pool and sauna; 24-hour fitness center; business center;
approximately 7,000 square feet of meeting space, including a 3,200
square-foot ballroom; and an elegant, first-class restaurant, Janus
Restaurant, featuring sumptuous Russian cuisine. Guest rooms
feature 32" LCD flat-panel TVs, and high-speed Internet access and
Wifi. About Interstate Hotels & Resorts Interstate Hotels &
Resorts has ownership interests in 56 hotels and resorts, including
seven wholly owned assets. Together with these properties, the
company and its affiliates manage a total of 225 hospitality
properties with approximately 46,000 rooms in 36 states, the
District of Columbia, Russia, Mexico, Belgium, Canada and Ireland.
Interstate Hotels & Resorts also has contracts to manage 15 to
be built hospitality properties with approximately 3,600 rooms. 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. 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, economic conditions generally and the hotel
and real estate markets specifically, the war in Iraq,
international and geopolitical difficulties or health concerns,
governmental actions, legislative and regulatory changes,
availability of debt and equity capital, interest rates,
competition, weather conditions or natural disasters, 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, 2007. Contact: Carrie McIntyre SVP,
Treasurer (703) 387-3320 DATASOURCE: Interstate Hotels &
Resorts CONTACT: Carrie McIntyre, SVP, Treasurer, +1-703-387-3320
Web site: http://www.ihrco.com/
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