ARLINGTON, Va./NEWPORT BEACH, Calif., July 25, 2016 – Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announces that it has been selected to manage the Holiday Inn Los Angeles–LAX Airport hotel, recently acquired by U.S. OCG, a subsidiary of Esong Group Co. Ltd. The agreement was celebrated at a signing ceremony held at the hotel on Tuesday, July 19th. Interstate will manage the hotel from its Newport Beach, Calif. office.
Distinguished guests in attendance at the July 19th ceremony included Bailin Hu, Hotel Investment Officer of Esong Group; Haiyan Lu, Commercial Counselor of Chinese Consulate in Los Angeles; Judy Hu, U.S. Congresswoman; and Libin Sun, President of ICBC Bank, USA.
“It is gratifying to win the confidence of U.S. OCG on their first hotel acquisition in the U.S. As we operated this hotel previously, our specialized market knowledge and depth of brand experience will allow us to continue providing exceptional results and service,” said Don Li, Head of Interstate’s Asia Investment Group. “We look forward to a long and strong relationship with this exceptional group.”
“As the leading global management company, Interstate Hotels & Resorts has developed a successful operating strategy, deploying resources focused on achieving our investment goals,” said Zhouyun Wang, Chairman of Esong Group. “Interstate consistently produces strong results, solidifying our choice for the Company to continue management of the Holiday Inn Los Angeles–LAX Airport.”
Just 30 minutes from most major Los Angeles attractions and one mile from LAX, the 405-room Holiday Inn Los Angeles–LAX Airport hotel is centrally located to many Southern California leading attractions, beaches, universities, corporations and aerospace defense industries. The hotel features a 24-hour, complimentary LAX Airport shuttle; self-service Business Center open 24 hours; 4,066 sq. ft. of meeting space; outdoor heated pool; and Landings Lounge – where guests can enjoy California cuisine in a light and airy atmosphere.
Known as the global leader in the hotel management industry, Interstate’s relationships and knowledge – shared among brilliant hospitality partners – result in an expansive management team and advanced talent strength through a 423-hotel portfolio worldwide. Interstate’s unsurpassed hospitality professionals translate valuable resources and accumulation of knowledge into a proven track record of hotel success and associate engagement.
For more information about Interstate Hotels & Resorts, visit www.InterstateHotels.com.
