Interstate Expands Global Footprint to the Netherlands and Germany in a Strategic Alliance with Odyssey Hotel Group
ARLINGTON, Virginia, July 5, 2016 /PRNewswire/ -- Interstate Hotels & Resorts [http://www.interstatehotels.com/] - the leading U.S.-based global hotel management company - announces the addition of three new hotels to its international portfolio, including the Company's first entry into Germany. Building upon global relationships, the Company will manage the hotels with development and lease partner Odyssey Hotel Group, based in the Netherlands, with continued expansion potential for Germany, Netherlands and other Western European countries.
The three hotels are Glow Hotel Eindhoven and Hotel Nassau Breda, Autograph Collection in The Netherlands; and the under-construction AC by Marriott Hotel in Mainz, Germany, anticipated to open August 2016.
"Our confidence in entering these markets is heightened by our partnership with Odyssey Hotel Group, and it is rewarding to see our portfolio grow in this region through a new relationship with an exceptional developer and lease partner," said Jim Abrahamson, chief executive officer of Interstate Hotels & Resorts. "Building trusted relationships through our breadth of experience and depth of resources, Interstate is strategically broadening our geographic portfolio with proven performance and an incomparable level of global diversity."
With 55 years of experience globally and more than 20 years in Europe, Interstate's European-based hotel management platform includes more than 75 hotels currently under management in nine countries.
"It is gratifying to develop a strategic alliance with Odyssey Hotel Group," said Aaron Greenman, Interstate's executive vice president, development and acquisitions for Europe. "We look forward to providing focused owner support, generating exceptional value, and continuing to expand together in key markets in Western Europe."
Odyssey Hotel Group is a hotel development and leasing company with a significant project pipeline in Europe. Maintaining a commitment to senior-level accessibility and a focus on building long-term relationships with investors, clients, lenders, and guests, Odyssey Hotel Group brings 20 years of experience in various segments of both the lodging and real-estate industry.
"This strategic alliance with Interstate enables us to accelerate our planned growth. Together with our brand partners Marriott International and IHG, we will concentrate on developing new hotels in our focus countries," said Rick van Erp, chief executive officer of the Odyssey Hotel Group.
Spanning North America, the U.K., Europe, Russia and CIS, Interstate is the leading U.S.-based global hotel management company. The Company's comprehensive services are built on large-scale company resources, delivered with the personalized and focused attention of a small company. Including an owner-aligned organizational structure, experienced corporate support, and expansive industry and global knowledge, Interstate uses its 55 years of experience to contribute to each owner's success.
For more information about Interstate Hotels & Resorts in the U.K. and Europe, please visit www.interstatehotels.co.uk [http://www.interstatehotels.co.uk/].
About Interstate Hotels & Resorts
Interstate Hotels & Resorts is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels and resorts, convention centers and independent hotels worldwide. Currently, Interstate and its affiliates manage 425 hotels with 75,000 rooms in North America, the U.K., Europe, Russia and the CIS. In addition, Interstate has executed agreements to manage 43 hotels with more than 5,800 rooms under construction or development throughout the world.
For more information regarding hotel management in Europe, please contact Executive Vice President, Development and Acquisitions-Europe, Aaron Greenman, at +32 490 43 15 72 or visit www.interstatehotels.co.uk [http://www.interstatehotels.co.uk/]. For more information about Interstate Hotels & Resorts worldwide, please visit www.interstatehotels.com [http://www.interstatehotels.com/].
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