Interstate Hotels & Resorts, Inc. · Arlington, VA United States ·(NYSE: IHR)
Company Description
Phone: 703-387-3100
Fax: 703-543-0633
View Interstate Hotels & Resorts, Inc. Locations On A US Map
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This link will open in a new window If you're driving on the interstate and are looking for a hotel or a resort, Interstate Hotels & Resorts is your company. Interstate is the nation's largest independent hotel operator, managing more than 200 hotels in about 35 US states and Washington, D.C., and internationally in Canada, Belgium, Ireland, Mexico, and Russia. Its property portfolio boasts more than 45,000 rooms and includes locations affiliated with about 30 different hotel chains. Among its brands are Marriott , Hilton , Sheraton , Westin , Radisson , Doubletree , and Wyndham . Interstate also manages properties for some 15 independent hotels, and wholly-owns about 10 properties. Interstate was formed in 1998 as a spinoff of CapStar Hotel Company. To read the full description, subscribe now.
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Key Interstate Hotels & Resorts, Inc. Financials
| Company Type | Public - NYSE: IHR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $779.5 |
| 2008 Employees | 19,000 |
Interstate Hotels & Resorts, Inc. Executives
28 executives listed for Interstate Hotels & Resorts, Inc.'s Arlington, VA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Thomas Hewitt | Network |
| CFO | Bruce Riggins | Network |
| SVP Information Technology | Paul Bushman | Network |
Competition
Competitive Landscape for Interstate Hotels & Resorts, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Interstate Hotels & Resorts, Inc. Competitors
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