ARLINGTON, VA—Interstate Hotels & Resorts has added 12 new hotels to its international portfolio, including its first entry into France.
Interstate will manage the hotels under long-term agreements for owner, development and lease partner Borealis Hotel Group, a Dutch hotel company, with continued expansion potential for the Netherlands, Belgium, Germany, France and additional Western European countries.
“We voluntarily selected Interstate to manage our hotels because we look for strong partners that bring key core competencies and thus optimize the overall strength of the business,” said Bart van de Kamp, CEO of Borealis Hotel Group. “Importantly, Interstate has proven to be competent, owner-centric managers who think of the hotels as their own.”
The properties—including the 314-key Ibis Budget Amsterdam City South, a 63-key Hotel Indigo The Hague-Palace Noordeinde as well as other properties scheduled to open in 2018 and 2019—contain 1,732 select-service, midscale and upscale keys under IHG, AccorHotels, Marriott and Hilton brand franchises in locations across the Netherlands, Belgium and France.
“Continental Europe continues to be a strategic growth area for Interstate, and we’re delighted to broaden our managed portfolio with such an experienced, committed and passionate ownership, development and operating partner,” said Mike Deitemeyer, president and CEO of Interstate Hotels & Resorts. “As we execute on our global expansion strategy, we continue to enhance regional operations support in the region, backed by our leading proprietary platforms, strong industry relationships and focused financial stewardship, allowing us to deliver optimal results and superb guest experiences.”
In addition, Interstate has acquired a management platform from Gateway Hospitality Group.
The 20-hotel portfolio will be operated under Interstate Gateway Management LLC, a subsidiary of Interstate Hotels & Resorts, with founder Bob Voelker and partner Ron Hutcheson joining Interstate in executive-level asset management and owner relations responsibilities for this portfolio.
Aggregating to 2,544 rooms, the portfolio includes premium select-service properties under brands such as Hilton and Hyatt, in addition to two luxury boutique hotels located in five states and the District of Columbia.