Interstate Hotels & Resorts

Interstate Hotels & Resorts, the nation's largest independent hotel management company, manages more than 300 hotels in 40 states, the District of Columbia, Canada, Russia and Portugal. Interstate's stock is traded on the New York Stock Exchange under the symbol IHR. The company also operates hotels for REITs, such as MeriStar Hospitality Corporation, as well as institutional real estate owners, non-institutional ownership groups and privately held companies. With more than 300 hotels, Interstate is able to obtain economies of scale that help lower overall operating costs and improve the bottom line performance of its managed hotels. Interstate Hotels & Resorts has three subsidiaries: BridgeStreet Corporate Housing Worldwide - one of the world's largest corporate housing providers Continental Design - a procurement, design management, project management, construction management and engineering consultation provider for hotel owners NETeffect Alliance - an information technology consulting and telecommunications services company tailored to the hotel industry