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.
Westin Hotels & Resorts today announced the opening of The Westin Milwaukee, the brand's debut in Wisconsin. Owned by an affiliate of Jackson Street Holdings LLC and managed by White Lodging Services Corporation, The Westin Milwaukee is poised to be both a gateway to and a respite from the hustle and bustle of the city.
Mandarin Oriental Pudong, Shanghai announced the appointment of Clemens Hoerth as the hotel's new General Manager. Mr Hoerth joins Mandarin Oriental Pudong, Shanghai – a proud recipient of the prestigious Forbes Five-Star hotel award –from Mandarin Oriental Guangzhou, where he has been General Manager since the hotel's opening in 2013 and helped to establish it as one of the city's premier luxury hotels.
An experienced senior hospitality professional in Europe, the Middle East, China and South East Asia, Mr Hoerth is a German national who grew up in the beautiful Black Forest region. Fluent in German, English and French, he started his hospitality career in 1981 as an apprentice at the Hotel Vier Jahreszeiten Kempinski in Munich.
Hilton (NYSE: HLT) today celebrated the grand opening of the first-ever Tru by Hilton – the company’s 5,000th hotel – at Tru by Hilton Oklahoma City Airport. With more than 425 hotels in various stages of development, Tru by Hilton has achieved the fastest growing pipeline in the history of the hospitality industry, and has captured approximately 2/3 of all net pipeline growth associated with the midscale segment since it launched in 2016.