As a part of the company’s strategy to grow its upper-upscale collection, Interstate Hotels & Resorts – a global leader in third-party hotel and resort management – has assumed management of The Westin Alexandria in partnership with Hong Kong-based owner Junson Capital. The hotel is ideally located 25 minutes from Washington D.C. near the picturesque neighborhood of Old Town Alexandria and just steps away from the impressive George Washington Masonic Memorial.
“Focusing investment and attention on Interstate’s accelerated growth objectives is crucial to elevating our company’s upper-upscale category,” said Mike Deitemeyer, president and CEO of Interstate Hotels & Resorts. “With a comprehensive renovation and quintessential location near revered Alexandria attractions, this addition to our portfolio is indicative of the momentum coursing throughout our company.”
Known for its convenient locale for business and leisure guests alike, The Westin Alexandria features 319 rooms, in addition to 20,000 sq. ft. of renovated meeting and event space inclusive of 14 meeting rooms and an 8,000 sq. ft. ballroom – the largest ballroom in Old Town Alexandria.
In addition to The Westin Alexandria announcement, Interstate Hotels & Resorts is continuing momentum with a global outlook and a robust mix of projects in the pipeline. Interstates’ depth of experience across all lodging segments and asset classes drives results in each of its managed hotels worldwide.
About Interstate Hotels & Resorts
Interstate Hotels & Resorts is the leading U.S.-based global hotel management company, operating branded full- and select-service hotels, resorts, convention centers, and independent hotels. Currently, Interstate’s global portfolio represents 540 properties in 12 countries inclusive of committed pipeline of signed hotels under construction or development around the world. The Company’s experienced operators, industry leading platforms, and extensive management capabilities produce exceptional guest experiences and optimal returns for hotel owners and investors.
About Junson Capital
Headquartered in Hong Kong, Junson Capital is a prominent investment management company with multiple investment strategies and a global footprint. Anchored by family funds, its business covers real estate, financial assets, and private equity.