ARLINGTON, VA and TAMPA, FL, July 30, 2012 – Interstate Hotels & Resorts, the largest U.S.-based global hotel management company, today announced the completion of a $9 million comprehensive renovation of the former Crowne Plaza hotel and conversion to the Sheraton Tampa East Hotel (banquet room top left photo).
The hotel was acquired last fall by a joint venture between Interstate Hotels & Resorts, Waramaug Hospitality LLC, and a private investment group.
Interstate operates the Sheraton Tampa East Hotel under a long-term management agreement. Waramaug Hospitality Asset Management LLC provided project and asset management for the renovation and conversion to the Sheraton brand.
“We have a great team that was able to renovate all areas of the hotel in a very short period of time,” said Jay Litt (lower right photo), asset manager for Waramaug Hospitality Asset Management LLC.
“We wanted the conversion to be completed in time for the Republican National Convention this summer, and our team was able to finish the work with time to spare.”
Connect with Interstate at www.linkedin.com/company/interstate-hotels-resorts, www.facebook.com/InterstateHotels, and http://jobs.interstatehotels.com.
For a complete copy of the company’s news release, please contact:
Chris Daly, Jerry Daly
Daly Gray, Inc.
703-435-6293
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