Interstate Hotels & Resorts Opens the Holiday Inn Express Utrecht Papendorp in the Netherlands

Joint Venture Partnership Opens Fourth in Nine-hotel Portfolio

ARLINGTON, Va.--(BUSINESS WIRE)--Interstate Hotels & Resorts today announced the opening of the 118-room Holiday Inn Express Utrecht Papendorp in the Netherlands. The hotel is the fourth to open of a nine-hotel portfolio being developed across the Netherlands. The portfolio is jointly owned by Interstate Hotels & Resorts and TVHG and operated by Interstate under long-term contracts.

“By partnering with experienced local companies like TVHG, we are able to support our growth strategy in key markets where there is a demand for hotels from well-known international brands”

“The success of Interstate’s global expansion is due largely to our strong relationships with the world’s leading hotel brands and prominent owners and developers,” said Jim Abrahamson, Interstate’s chief executive officer. “I am certain that this hotel, the first Holiday Inn Express in Utrecht, will quickly meet the growing demand in this market.”

Located proximate to the intersection of highways A2 and A12 and within walking distance of CapGemini, Mercedes, Siemens, KPN and ATOS, the Holiday Inn Express Utrecht Papendorp provides travelers a convenient location for many of the Netherlands’ main business and leisure centers. Hotel amenities include extensive and modern lobby level lounge spaces for work or relaxation, a lobby bar, complimentary Wi-Fi and continental breakfast served daily. A 24-hour market is available for snacks and sundries.

“By partnering with experienced local companies like TVHG, we are able to support our growth strategy in key markets where there is a demand for hotels from well-known international brands,” said Leslie Ng, Interstate’s chief investment officer. “We are confident in our strategy and ability to carry it forward into the coming years.”

About TVHG

Based in the Netherlands, The Vincent Hotel Group (TVHG) has been active for over 15 years in the ownership and development of hotels in Europe, with a strong emphasis on its home market, the Netherlands. The Radisson Blu Amsterdam Airport was followed by many other successful transactions completed by the TVHG team. Today the company has active developments with Accor, IHG, Hilton, Marriott and Starwood. For more information please call [phone].

About Interstate Hotels & Resorts

Interstate Hotels & Resorts, Inc., a wholly-owned subsidiary of a 50/50 joint venture between subsidiaries of Thayer Lodging and Jin Jiang, is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels and resorts, convention centers and independent hotels worldwide. Interstate and its affiliates manage 367 hotels with 69,000 rooms in North America, Europe and Asia-Pacific, including seven wholly owned hotels. In addition, Interstate has executed agreements to manage 36 hotels with more than 7,600 rooms under construction or development throughout the world.

For more information, visit www.interstatehotels.com. Connect with Interstate at www.linkedin.com/company/interstate-hotels-resorts, www.facebook.com/InterstateHotels, and http://jobs.interstatehotels.com.