With a growing portfolio of over 100 hotels, with 15,000 rooms in the UK, Ireland, Europe and Russia, alongside the 1,400-hotel portfolio managed by our U.S. based division Aimbridge Hospitality, we are the world’s leading hotel management company. Originally founded over 50 years ago in the U.S, Interstate Hotels & Resorts established the European and Russian divisions in 2013. Since then, we’ve consistently delivered exceptional results for our hotel owners, teams and brand partners. We provide unmatched innovation, expertise and success in the hospitality industry, with undoubted potential ahead.
Timeline
1960s-1970s
A true success story, Interstate Hotels & Resorts started small. In 1960, we began with a single motel in Pennsylvania. We first expanded to develop and operate Howard Johnson properties throughout the state. Then, in the early 1970s, we began our long partnership with Marriott, building on our expertise in hospitality industry development, ownership, and operations. By the end of the decade, we owned and operated four hotels with 1,800 rooms across four states. Our upward trajectory would continue.
1960
Interstate is founded and first hotel is purchased, the Capri Motel in Pennsylvania.
1965
Interstate develops and operates four Howard Johnson Motor Lodge properties located throughout Pennsylvania.
1972
Interstate opens its first full-service hotel, and one of Marriott’s first franchised properties, the Green Tree Marriott in Pittsburgh.
1980s
Our growth skyrocketed to new levels in the 1980s, with new offerings including new-build hotel project management, interior design and FF&E services. We opened and managed The Charles Hotel in Cambridge, Massachusetts. We developed additional Marriott-branded properties: the Pittsburgh Airport Marriott; the Sawgrass Marriott in Ponte Vedra Beach, Florida; and the San Francisco Marriott Fisherman’s Wharf. As the decade came to a close, we operated 25 hotels in partnership with Marriott. We also created relationships with other prominent hotel companies, leading to an extraordinary 29 hotels with more than 10,300 rooms in 15 states in our portfolio. Much more was to come, soon.
1981
Interstate forms Continental Design & Supply (CDS), providing ground-up, new-build hotel project management, interior design and FF&E services.
1981
Irving, Texas-based American General Hospitality is founded by Steve Jorns, which would later merge with CapStar to form MeriStar Hotels & Resorts in 1998.
1985
Interstate opens and manages The Charles Hotel in Cambridge, Massachusetts.
1986
The company develops its 16th Marriott-branded property, the Pittsburgh Marriott Airport in Pennsylvania, which opens in 1987.
1987
Washington, DC-based CapStar is founded by Paul Whetsell, which would later merge with American General to form MeriStar Hotels & Resorts in 1998.
1988
Interstate begins managing the Sawgrass Marriott in Ponte Vedra Beach, Florida and the San Francisco Marriott Fisherman’s Wharf, in California.
1990s
The 1990s were pivotal. We began the decade by forming our Crossroads Hospitality select-service division, which quickly doubled its portfolio. Then, our Initial Public Offering expanded our scope and prominence in the financial markets. We were subsequently acquired and returned to being a privately-held company. By the end of the decade, 230 hotels were under our management, including the Roosevelt Hotel in New York City. We also continued our close relationship with Marriott, expanding our portfolio to include the Courtyard by Marriott Times Square South. And, in a sign of future growth horizons, we expanded internationally to three hotels in Moscow.
1992
Interstate forms Crossroads Hospitality select-service division and by the mid-90s its portfolio size doubles.
1995
Interstate expands internationally, opening and operating the Hotel Tverskaya in Moscow (later reflagged to the Marriott Tverskaya.
1996
Initial Public Offering (IPO) of Interstate Hotels Corporation (IHC).
1997
Interstate begins managing The Roosevelt Hotel, New York.
1998
Interstate opens its third hotel in Moscow, the Marriott Royal Aurora.
1998
The company opens the first franchised Marriott hotel in Manhattan, the Courtyard by Marriott Times Square South, New York.
1998
IHC acquired by Patriot American Hospitality, which is spun off two years later as in independent management company.
1998
CapStar and American General merge and form MeriStar Hotels & Resorts (MHR), the 2ndlargest independent hotel management company.
The 2000s
The new millennium arrived with abundant opportunities for us in the burgeoning worldwide hospitality industry. We expanded our hotel management portfolio in Moscow and entered the United Kingdom marketplace with three boutique hotels in London. We also expanded our footprint to Mexico, India, Belgium and Ireland. In the U.S., our Crossroads Hospitality division began its relationship with the Aloft brand. Additionally, we grew our family of affiliated companies with a management portfolio of 13 hotels for the Blackstone Group L.P., one of the world’s premier private equity investment firms. The decade concluded with our 50th year as the leading hotel management company and the prospect of continued strong growth.
2002
Interstate Hotels Corp. and MeriStar Hotels & Resorts merge to form Interstate Hotels & Resorts.
2004
Interstate acquires Sunstone Hotel Properties, an operating company with 54 premium full and select-service hotels.
2005
Interstate opens and manages the first Residence Inn in Manhattan.
2006
Interstate opens and manages the Marriott Ghent in Belgium and the Marriott Ashbourne in Ireland.
2006
Interstate is selected to manage the first Hilton-branded hotel in Moscow, the Hilton Leningradskaya, which re-opens in 2008 after extensive renovations.
2007
The company enters Mexico through a joint venture with Steadfast Companies, named IHR de Mexico, which invests in and operates three resorts under the Tesoro Resorts brand.
2007
Interstate opens a branch office in Moscow to oversee Moscow and Europe hotel operations, sales and development.
2008
The company’s Crossroads select-service division opens and manages the first Aloft hotel in the U.S., the Aloft Ontario-Rancho Cucamonga, CA. Later in the year, Crossroads opens the Aloft Nashville-Cool Springs, TN.
2008
The company forms a joint venture with JHM Hotels, named JHM Interstate Hotels India, to operate hotels in India. Interstate also invests in the Duet Fund which is focused on the development of hotels in India.
2009
Interstate expands its international portfolio with three boutique hotels in London, making England the seventh country outside the U.S. with an Interstate presence.
2009
JHM Interstate Hotels India opens the Four Points by Sheraton Jaipur-City Square hotel in India.
2010
Interstate is acquired and becomes a wholly-owned subsidiary of a 50/50 joint venture between Thayer Lodging and Jin Jiang Hotels.
2010
Interstate signs a joint venture agreement with Jin Jiang Hotels to manage hotels in China, creating a platform for independent hotel management in that country.
2010
Interstate opens the 366-room Renaissance Moscow Monarch Centre, its seventh managed hotel in Russia’s capital city.
2010
Blackstone names Interstate to manage a 13-hotel portfolio.
2010
Interstate named to manage J Hotel, located in the under-construction Shanghai Tower, anticipated to be the highest hotel upon opening in late 2014.
Today
The past eight years have been extraordinary at Interstate Hotels & Resorts. We’ve grown our scope in the United Kingdom to 63 hotels under management, including new properties acquired from Glasgow-based Chardon Management. Domestically, we gained 75 management agreements from California-based Rim Hospitality Management. Our impressive global reach now includes the United States, Belarus, Belgium, Bosnia and Herzegovina, Germany, Ireland, Kazakhstan, Netherlands, Russia, and the United Kingdom. With the recent addition of Michael J. Deitemeyer as Chief Executive Officer, Interstate Hotels & Resorts is poised for a long-term future of unparalleled opportunity, in tandem with our investors, clients, employees and guests.
2011
Interstate assumes management of Summit Hotel Properties’ 65-hotel portfolio.
2011
Interstate assumes management of a 30-hotel portfolio owned by affiliates of Inland American Real Estate Trust.
2011
The Company invests in a 9-hotel portfolio aggregating 1,800 rooms under development in the Netherlands, representing the company’s 10th country of operations.
2011
Interstate acquires Noble Management Group and begins managing 55 properties with over 9,000 rooms throughout the U.S.
2011
Interstate signs a management agreement for its 6th hotel in India.
2011
Interstate enters Hungary with a management agreement for the under-construction Four Points by Sheraton Kecskemét hotel.
2011
Jim Abrahamson transitions to Chief Executive Officer and Ted Knighton is promoted to Chief Operating Officer.
2011
In 2011, Interstate transitioned 171 hotels, growing its portfolio by 60% and by year-end, the company operated and/or owned 387 hotels.
2012
Interstate announces management agreement for the first franchised DoubleTree by Hilton hotel in China, the DoubleTree by Hilton Shanghai-Pudong.
2012
Interstate Hotels & Resorts unveils new logo and website as part of global re-branding initiative.
2012
The company expands its managed hotel portfolio in India to 13.
2012
Interstate Hotels & Resorts transitions management of eight upper tier full-service hotels.
2012
Interstate China Hotels & Resorts signs its tenth hotel management agreement in China.
2012
Interstate Hotels & Resorts opens its fifth hotel in the Netherlands, the Holiday Inn Express The Hague.
2013
Interstate establishes a third-party hotel management platform in the United Kingdom, Interstate Hotels & Resorts European division, operating 9 hotels with 5 additional hotels under construction throughout the UK.
2013
Interstate Hotels & Resorts European division acquires Glasgow-based Chardon Management, significantly expanding its footprint in the UK.
2014
Interstate Hotels & Resorts acquires the management agreements of California-based Rim Hospitality Management, increasing the company’s managed portfolio by 75 hotels.
2015
Interstate adds 18 hotels in the United Kingdom.
2016
Interstate Hotels & Resorts is acquired by New York-based Kohlberg & Company, a leading private equity firm.
November 2016
Interstate CEO Jim Abrahamson is named Chairman of the Board.
March 2017
Michael J. Deitemeyer named Chief Executive Officer for Interstate Hotels & Resorts.
January 2018
Interstate acquires the management agreements of 83 properties from White Lodging.
March 2018
Interstate’s European division announces the addition of 12 new hotels to its European portfolio, including the company’s first entry into France.
2019
Aimbridge Hospitality merges with Interstate Hotels and Resorts creating the global leader in third-party hotel management services with a portfolio of more than 1,400 branded, independent and resort properties in 49 states and 20 countries.
2020
Interstate Hotels & Resorts assumes management of 31 Jupiter Hotels.
2021
Mike Deitemeyer Named President & Chief Executive Officer of Aimbridge Hospitality.
Dave Johnson Assumes Role of Executive Chairman Focused on Transformational Growth.
2021
Aimbridge Hospitality acquires Grupo Hotelero Prisma as its first expansion into Mexico.
Aimbridge Continues to be the Leader in International Expansion Among Third Party Operators with a Presence in Over 20 Countries Globally.
2021
Aimbridge Hospitality acquires Prism Hotels & Resorts.
The Dallas-based, award-winning, full-service hotel management, investment and advisory services company.