Interstate Hotels & Resorts Adds Landmark JC Mandarin Hotel in Shanghai to Growing China Management Portfolio

ARLINGTON, VA, March 5, 2012—Interstate Hotels & Resorts today announced that Interstate China has executed an agreement to manage the 514-room Shanghai JC Mandarin Hotel (top left photo), effective February 1, 2012.  The hotel is owned by Shanghai Jin Cang Mandarin Hotel Ltd. 

“Our international growth strategy continues to accelerate in China, with the addition of the JC Mandarin Hotel to our international portfolio, our third hotel in the dynamic city of Shanghai which includes the DoubleTree by Hilton Shanghai-Pudong,” said Jim Abrahamson (middle right photo), Interstate’s chief executive officer. 

“The JC Mandarin is a five-star hotel in every sense of the word, from its first-class amenities to its legendary, first-rate guest service, a tradition we intend to build on.” 

This activity follows a previous announcement that the Company has been named to manage the luxury J Hotel located in Shanghai Tower, anticipated to be the world’s tallest hotel scheduled to open in 2014.

“China’s hotel industry has tremendous growth potential ahead, and we intend to play an important role in its expansion,” he added.  “We currently have eight hotel management agreements covering over 3,100 rooms, and have the infrastructure in place to accommodate rapid growth.

“Interstate has well-established relationships with major international brands and has the in-house expertise to assist owners and developers in positioning their hotels, renovations and brand conversions, as well as ground-up construction. 

" China’s hotel industry is evolving rapidly, and we believe our experience substantially differentiates us from other hotel management companies.” 

Located at the center of the city’s business and shopping districts at world-famous Nanjing Road (lower left photo), the JC Mandarin Hotel is truly a Shanghai landmark.  Its well-established five-star service, combined with its history of providing the finest in accommodations and luxury to guests, have made the JC Mandarin one of the city’s best-known hotels. 

 For more information, visit the Shanghai JC Mandarin Hotel’s website: http://www.jcmandarin.com./

For additional information about Interstate, visit the company’s website: www.ihrco.com.

 Contacts:

Jerry Daly, Chris Daly

U.S. media

Daly Gray

703-435-6293

chris@dalygray.com

Patrick Daly

Account Supervisor

Daly Gray, Inc.

patrick@dalygray.com

Office:  (703) 435-6293

Cell:  (703) 300-8289