STOCK OF THE WEEK

Interstate Hotels and Resorts
(IHR) could be the nation's largest independent hotel management company.
The group's principal activity is to manage, lease, and operate a portfolio of hospitality properties, and provide related services in the hotel, corporate housing, resort and golf markets.
their portfolio is diversified by franchise and brand affiliations.
The group manages more than 300 hotels with 69,000 rooms in 41 states, the District of Columbia, Canada and Russia.
(IHR) has approximately 8,000 corporate apartments under lease in the United States, Canada, France and the United Kingdom.
The groups
hotels are operated under nationally recognized brand names such as Hilton, Sheraton, Westin, Radisson, Marriott, Doubletree, Embassy Suites and Holiday Inn.


IHR’s roots trace back to 1941 and today is the result of several mergers involving prominent and successful hotel management and ownership companies. With each merger,
Interstate Hotels and Resortshas grown larger and stronger, enabling it to provide an unmatched level of service and value to hotel owners.

Interstate Hotels and Resortshas Interstate Hotels and ResortsThe hotel business has been in a decline mode since 2001. This has put Interstate Hotels and Resorts into the red. However, posting a stronger 2nd quarter ending June 30th than expected, the outlook for Interstate appears to be good. the group also has a long term management contract with MeriStar (MHX) that runs until 2026 and carries termination fees. The recent sale of a Residence Inn in Pittsburgh for $11million will also help pay down its loans and give them working capital for future growth strategies.

Unfortunately, Interstate lost a hotel in New Orleans during Hurricane Katrina, but the companyis strong enough in other key cities to overcome this set back.

This loss combined with higher gas prices has pushedIHR's stock down from the 52 week high of $ $5.80 on Jan 05 to closing at $4.52 on September 26th.

Will companies continue to travel to upscale hotels for business meetings? Will you and I travel to upscale hotels for relaxation? That is the million dollar

STOCK OF THE WEEK

Interstate Hotels and Resorts
(IHR) could be the nation's largest independent hotel management company.
The group's principal activity is to manage, lease, and operate a portfolio of hospitality properties, and provide related services in the hotel, corporate housing, resort and golf markets.
their portfolio is diversified by franchise and brand affiliations.
The group manages more than 300 hotels with 69,000 rooms in 41 states, the District of Columbia, Canada and Russia.
(IHR) has approximately 8,000 corporate apartments under lease in the United States, Canada, France and the United Kingdom.
The groups
hotels are operated under nationally recognized brand names such as Hilton, Sheraton, Westin, Radisson, Marriott, Doubletree, Embassy Suites and Holiday Inn.


IHR’s roots trace back to 1941 and today is the result of several mergers involving prominent and successful hotel management and ownership companies. With each merger,
Interstate Hotels and Resortshas grown larger and stronger, enabling it to provide an unmatched level of service and value to hotel owners.

Interstate Hotels and Resortshas Interstate Hotels and ResortsThe hotel business has been in a decline mode since 2001. This has put Interstate Hotels and Resorts into the red. However, posting a stronger 2nd quarter ending June 30th than expected, the outlook for Interstate appears to be good. the group also has a long term management contract with MeriStar (MHX) that runs until 2026 and carries termination fees. The recent sale of a Residence Inn in Pittsburgh for $11million will also help pay down its loans and give them working capital for future growth strategies.

Unfortunately, Interstate lost a hotel in New Orleans during Hurricane Katrina, but the companyis strong enough in other key cities to overcome this set back.

This loss combined with higher gas prices has pushedIHR's stock down from the 52 week high of $ $5.80 on Jan 05 to closing at $4.52 on September 26th.

Will companies continue to travel to upscale hotels for business meetings? Will you and I travel to upscale hotels for relaxation? That is the million dollar

#