Interstate Hotels & Resorts is about to expand its presence in Western Europe.
The company announced the inclusion of 12 new hotels in its portfolio, notably marking its arrival in France.
"We voluntarily selected Interstate to manage our hotels because we look for strong partners that bring key core competencies and thus optimize the overall strength of the business," said Bart van de Kamp, CEO of Borealis Hotel Group.
Properties include 1,732 rooms from middle to upscale range under IHG, Accor, Marriott and Hilton brand franchises, across the Netherlands, Belgium and France. The portfolio includes Ibis Budget Amsterdam City South, Hotel Indigo The Hague-Palais Noordeinde and other establishments whose opening is scheduled for 2018 and 2019.
Interstate Hotels & Resorts also acquired Gateway Hospitality Group's management platform, whose portfolio of 20 hotels will be operated by Interstate Gateway Management, a subsidiary of the company. It includes 2,544 rooms in upscale properties and two luxury boutique hotels, in the United States.
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