Interstate Hotels & Resorts Takes on the Glacier House Hotels’ Portfolio of Hotels



(Arlington, VA) Glacier House Hotels has its headquarters office in Scottsdale, Arizona U.S.A.  Additionally, it has a deep pool of expertise, when it comes to the hospitality sector of the economy.  The expertise that is related to hotels also includes the development, the construction, the operations, the sales and marketing, the procurement, the revenue management, the risk management, the finances and accounting, the disposition, the debt or equity re-positioning, the site selection and the brand selection of hotels.  The hotel brands that, are owned by Glacier House Hotels include; Hilton, Marriott and IHG.  Recently, Interstate Hotels & Resorts announced that, it has been chosen to be the third party hotel management business for Glacier House Hotels.  Specifically; the aforementioned business revealed that, it is taking on a 13 hotel portfolio of hotels that is owned by, Glacier House Hotels.  The 13 hotels in the portfolio also accounts to 1,285 hotel guestrooms.  
             The 1,285 hotel guestrooms, of the 13 hotel portfolio, are also physically located in the following states of the U.S.A.  The State of Arizona, the State of California, the State of Colorado, the State of Montana, the State of Texas and the State of Washington are the physical locations of the Glacier House Hotels’ portfolio of 13 hotels.  Additionally, 6 of the 13 hotels are currently under construction.  These hotels are expected to open to the general public, sometime between June of the year 2019, and, June of the year 2020.  Examples of the aforementioned, are the following three hotels.  The first hotel is; Residence Inn by Marriott, in Moreno Valley, California.  This hotel is expected to open in the summer of the year 2019, and, it is planned for 112 hotel guestrooms.  The second hotel is; Element by Westin, in Ontario, California.  This hotel is expected to open in the summer of the year 2019, and, it is planned for 131 hotel guestrooms.  The third hotel is; Courtyard by Marriott, in Petaluma, California.  This hotel is expected to open in the spring of the year 2020, and, it is planned for 122 hotel guestrooms.  Overall, there are 18 hotels that, are owned by Glacier House Hotels.   
            Jordan Scott is the Principal of Acquisitions and Development at Glacier House Hotels.  Through a press statement, Mr. Scott said the following.  “We were, of course, drawn to Interstate Hotels & Resorts based on their top-notch management expertise, but also their owner-centric mindset.  Engaging Interstate to manage these properties allows us to focus on improving our business fundamentals identifying and developing relationships with investors and franchise companies.  We look forward to our continued relationship with Interstate and know this portfolio is in the best of hands with their extensive team.”  
            To end, Interstate Hotels & Resorts did release a press statement.  Michael J. Deitemeyer is the President and the Chief Executive Officer of Interstate Hotels & Resorts.  Through a press statement, Mr. Deitemeyer said the following.  “As we leverage our scale to drive value for our owners, this portfolio builds on our select service expertise as we work to perform best in all hospitality verticals.  We’re honored to be selected by Glacier House Hotels for this premier portfolio and look forward to expanding our relationship with this top developer.”  As previously stated, Interstate Hotels & Resorts recently announced that, it has been chosen to be the third party hotel management business for Glacier House Hotels.  Specifically; the aforementioned business revealed that, it is taking on a 13 hotel portfolio of hotels that is owned by, Glacier House Hotels.  Lastly, the 13 hotels in the portfolio also accounts to 1,285 hotel guestrooms. 

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Written from Press Release
Registered Writer at
PR Newswire Association, LLC
R-Berumen28
06/08/2019

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