ARLINGTON, VA, March 29, 2012—Interstate Hotels & Resorts today announced that JHM Interstate India has signed a contract to manage the 85-room Khyber Mountain Resort and Spa (top left photo) in Kashmir, India. The all-season resort, located at the foot of the Himalayas, is being developed by Pinnacle Resorts Pvt. Ltd., and is anticipated to open this winter.
“This management agreement represents our seventh signed hotel in India and we are delighted to be selected as the operator of this world-class resort for a new owner,” said Jim Abrahamson (middle right photo), Interstate’s chief executive officer.
“Khyber Mountain Resort and Spa, situated at the foot of the Himalayas in Gulmarg (middle left photo), a well-known ski destination in Asia, will be a high-quality, resort that will take full advantage of its prime location year-round.
“Our strong partnership with JHM, coupled with our successful management platform model, international experience, depth of resources, and local in-country expertise translate into a significant competitive advantage.
"As a result, we have developed a robust pipeline of management opportunities for franchised branded hotels and independent resorts that will enable us to continue our vigorous growth in Asia-Pacific in 2012 and beyond.”
“This will be the first major high end address in Gulmarg and will require a great deal of attention to detail,” said Umar Tramboo (lower right photo) of Khyber.
“Interstate has a substantial history managing resort properties and is very familiar with this business model and its unique needs and requirements. We look forward to working with them and building a relationship together.”
For more information on Khyber Mountain Resort and Spa, please visit: http://www.khyberhotels.com./
For more information on JHM, contact Lloyd Lauland, Executive Director, JHM Interstate Hotels India, at 91 124 3091700, or visit the company’s website: http://www.jhminterstate.com./
For more information on Interstate Hotels, visit http://www.interstatehotels.com/.
Connect with Interstate at www.linkedin.com/company/interstate-hotels-&-resorts, www.facebook.com/InterstateHotels, and http://jobs.interstatehotels.com/.
Contact:
Chris Daly, Jerry Daly
Media
Daly Gray
(703) 435-6293
Patrick Daly
Account Supervisor
Daly Gray, Inc.
Office: (703) 435-6293
Cell: (703) 300-8289
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