| | Call Details | Interstate Hotels & Resorts, Inc. Earnings Conference Call (Q2 2009) Wed,
Aug 5, 2009, 9:00 am Eastern
| | About Interstate Hotels & Resorts, Inc.
(NYSE:IHR) | Other Calls | | Interstate Hotels & Resorts, Inc., together with its subsidiaries, operates as a hotel real estate investor and independent hotel management company. It operates in two segments, Hotel Ownership and Hotel Management. The Hotel Ownership segment includes wholly-owned hotels and joint venture investments in hotel properties. As of December 31, 2008, it owned 7 hotels with 2,051 rooms; and held non-controlling equity interests in 18 joint ventures, which owned or held ownership interests in 50 of its managed properties. The Hotel Management segment manages a portfolio of upscale, full-service and premium, select-service hospitality properties. It also provides ancillary services in the hotel, resort, conference center, and golf markets, which include insurance and risk management placed through a licensed broker, purchasing and project management, information technology and telecommunications, and centralized accounting functions. As of December 31, 2008, Interstate Hotels & Resorts and its affiliates managed 226 hotel properties with 46,448 rooms, and 6 ancillary service centers, which consist of a convention center, a spa facility, 2 restaurants, and 2 laundry centers in 37 states, the District of Columbia, Russia, Mexico, Canada, Belgium, and Ireland. The company was founded in 1998 and is headquartered in Arlington, Virginia. |
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