Twelve hotels added to Interstate Hotels & Resorts international portfolio
March 5, 2018
12 new hotels were added to the Interstate Hotels & Resorts international portfolio, including the company’s 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.”