IHR Interstate Hotels & Resorts,

ARLINGTON, Va., Feb. 13 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts (NYSE:IHR), a leading hotel real estate investor and the nation's largest independent management company, today announced that Chris Shackelton has been elected to its board of directors, bringing the total number of directors to nine. Shackelton is a managing partner and co-founder of Coliseum Capital Management, LLC, currently Interstate's largest shareholder with 3.7 million shares held, or approximately 12 percent of the company's outstanding shares. Coliseum is a private investment partnership that makes long-term investments in both public and private companies. Prior to Coliseum, Shackelton was an analyst at Watershed Asset Management. Previously, he worked in the investment banking division of Morgan Stanley & Co. "Chris's impressive depth and breadth of experience encompasses a wide range of investment and financing activities, and he will be a valuable resource to our board," said Thomas Hewitt, chief executive officer. "As Coliseum is our largest shareholder, Chris already is thoroughly knowledgeable about our company and will be able to make an immediate contribution." Shackelton currently sits on the board of directors of Rural/Metro Corp. and serves as a trustee for the Walter Johnson Foundation. He has a B.A. in economics from Yale College. About Interstate Hotels & Resorts Interstate Hotels & Resorts has ownership interests in 57 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 more than 46,000 rooms in 37 states, the District of Columbia, Russia, Mexico, Belgium, Canada and Ireland. Interstate Hotels & Resorts also has contracts to manage 16 to be built hospitality properties with approximately 4,000 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: Bruce Riggins Chief Financial Officer (703) 387-3344 DATASOURCE: Interstate Hotels & Resorts CONTACT: Bruce Riggins, Chief Financial Officer of Interstate Hotels & Resorts, +1-703-387-3344 Web Site: http://www.ihrco.com/

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