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Interstate Hotels & Resorts Develops Asia Practice Group

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Interstate Hotels & Resorts announces the launch of the Asia Investment Group, becoming the leading Asia practice team with dedicated resources to deliver exceptional hotel management services to Asian owners seeking to invest in hotels in the U.S and Europe. With this division's rapid growth, the Asia Investment Group has already achieved critical mass with over 11,000 hotel rooms to date.

 Interstate's dedicated team proactively identifies opportunities to optimize hotels' profitability and asset values by working closely with ownership groups, providing personalized asset management services, and specialized financial reporting services through IHR1 - Interstate's business intelligence platform. The development team possesses significant experience in Asia - including China - and in the U.S., with a deep understanding of Asian owners' needs and preferences. The team specializes in providing services for owners which includes deal sourcing, acquisition due diligence, financing and brand selection to hotel management services. Additionally, Interstate's owner-focused Asia practice team includes a dedicated bilingual, California-based team that is fluent in Mandarin, Taiwanese, and Cantonese.