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Sunstone Hospitality Management Named Manager of Riverside, Calif. Marriott Hotel by New Owner, Pinnacle Hotels USA
"We look forward to developing a long-term relationship with Pinnacle Hotels," said
"The condition of this asset, its superb
Located at 3400 Market Street in downtown
The 12-story property boasts the award-winning Olio Ristorante, Martini's Lounge, Starbucks Coffee, wired and wireless Internet access, and 14,000 square feet of meeting space, ideal for stand-alone meetings and social events up to 500 people.
About Pinnacle Hotels USA
Founded in 1998, Pinnacle Hotels USA develops, acquires and owns a diversified portfolio of hotels in the premium-branded, upscale full-service and select-service segments. In addition to the Riverside Marriott, the company's properties are under such well-regarded brands as Doubletree, Hilton Garden Inn, Courtyard by Marriott, LaQuinta and Days Inn. Additional information about the company may be found at http://pinnaclehotelsusa.com.
About Interstate Hotels & Resorts
Interstate Hotels & Resorts has ownership interests in 56 hotels and resorts, including seven wholly owned assets. Together with these properties, the company and its affiliates manage a total of 219 hospitality properties with nearly 45,000 rooms in 37 states, the
About SHM
Sunstone Hospitality Management (SHM) is based in
This press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, about Interstate Hotels & Resorts, including those statements regarding future operating results and the timing and composition of revenues, among others, and statements containing words such as "expects," "believes" or "will," which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results to differ materially, including the volatility of the national economy, economic conditions generally and the hotel and real estate markets specifically, the war in
SOURCE Sunstone Hospitality Management
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RELATED LINKS
http://www.shmhotels.com
http://www.riversidemarriott.com
http://www.ihrco.com
http://pinnaclehotelsusa.com
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