ARLINGTON, VA., Jan. 4, 2012—Interstate Hotels & Resorts, the largest U.S.-based global hotel management company, today announced that the company has signed an agreement to manage the Holiday Inn Express Hotel & Suites in Montrose, Colorado (top left photo), effective December 29, 2011.
The hotel was recently acquired by an affiliate of Blue Cougar Investments, a New York-based real estate investment group, whose venture partners include Waramaug Partners and New York City-based private equity firm, Wharton Equity Partners. The Holiday Inn Express is the second hotel Interstate operates for this ownership group.
Located in the San Juan Mountains in the southwestern part of the state, the 122-room hotel, including 24 suites, is located in the heart of Montrose, a vibrant, growing city that also serves as the gateway to Telluride.
The Holiday Inn Express is ideally situated, offering easy access to Highways 550, 50 and 95, as well as proximity to Montrose Memorial Hospital, U.S. Western Area Power Administration, the Department of Wildlife and Tri-State.
Considered the premier meeting space in Montrose, the hotel features nearly 6,000 square feet of meeting space, a 24-hour business center and complimentary Wi-Fi access throughout the hotel.
For additional information about Interstate, visit the company’s website: http://www.ihrco.com/.
Contact:
Jerry Daly, Carol McCune Carrie McIntyre
Media SVP, Treasurer
Daly Gray Interstate Hotels & Resorts
(703) 435-6293 (703) 387-3320
Patrick Daly
Account Supervisor
Daly Gray, Inc.
Office: (703) 435-6293
Cell: (703) 300-8289
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