Interstate Hotels & Resorts Announces Addition of Renaissance Philadelphia Airport Hotel to its Managed Portfolio
January 8, 2018
ARLINGTON, Va. – January 8, 2018 – Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announces that it has been selected to manage the 349-room Renaissance Philadelphia Airport Hotel, recently acquired by AMENA Hotels LLC. The hotel will immediately undergo a comprehensive renovation.
Known for its convenient locale for business and leisure guests alike, Renaissance Philadelphia Airport Hotel is located within minutes of Lincoln Financial Field, Wells Fargo Center and the bustling downtown district, just one mile from the airport and offers complimentary shuttle service. The prime destination offers 349 rooms, including 52 suites, in addition to 21,000 square feet of meeting and event space inclusive of 19 meeting rooms and a 6,600 square foot ballroom.
“It is gratifying to earn new business with a quality developer such as AMENA Hotels,” said Leslie Ng, chief investment officer at Interstate Hotels & Resorts. “With a planned renovation and repositioning in addition to an ideal location, we expect to take this hotel to a leadership position and maximize investment returns.”
“We are pleased to partner with an industry leader like Interstate Hotels & Resorts to manage the Renaissance Philadelphia Hotel Airport,” said Marc El-Khouri, Chief Development Officer, AMENA Hotels. “Our focus is on dynamic and exciting markets like Philadelphia and we are proud to be contributing to the community’s economic growth. We look forward to a successful future with Interstate and its top quality team.”
A global leader in third-party hotel management, Interstate Hotels & Resorts’ depth of experience across all lodging segments and asset classes drives results in each of its managed hotels worldwide. For more information on Interstate Hotels & Resorts, visit www.InterstateHotels.com.
About Interstate Hotels & Resorts
Interstate Hotels & Resorts is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels, resorts, convention centers, and independent hotels. Currently, Interstate’s global portfolio represents 540 properties in 12 countries inclusive of committed pipeline of signed hotels under construction or development around the world. The Company’s experienced operators, industry leading platforms, and extensive management capabilities produce exceptional guest experiences and optimal returns for hotel owners and investors. For more information, please visit www.interstatehotels.com, or follow Interstate on Facebook and LinkedIn.
About AMENA Hotels LLC
AMENA Hotels LLC, based in Phoenix AZ, is a privately held owner, developer and operator of hotels and resorts. AMENA Hotels primarily employs value-add and opportunistic strategies to generate above average returns. The company’s expertise spans ground-up construction, adaptive reuse, value-add acquisition as well as repositioning projects. AMENA Hotels is an approved franchisee for Marriott International, Hilton Hotels Worldwide, and Woodsprings Hotels.