ARLINGTON, Va. – March 13, 2018 – Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – announces the appointment of Greg O’Stean as the chief development officer, North America, reporting to Chief Investment Officer, Leslie Ng. Greg will be responsible for helping the company continue its successful expansion by driving overall business growth in North America.
“Greg joins our development team at an important time as we are realizing growth across the full spectrum of hospitality verticals,” said Ng. “His breadth of experience in development, joint ventures, hotel finance, franchises and executing highly successful transactions will play a crucial role in our continued growth.”
Most recently, Greg served as the chief investment officer at Loews Hotels, where he led the hotel acquisitions and development, asset management, and owner relations platforms. Previously he has held executive roles with the Carlson Rezidor Hotel Group, Piper Jaffray & Company and GE Capital. Greg is a proven hotel industry leader, with a rich history of delivering exceptional results and an expert in leading teams to achieve extraordinary growth.
A global leader in third-party hotel management, Interstate Hotels & Resorts’ depth of experience across all lodging segments and asset classes drives results in each of its managed hotels worldwide. For more information on Interstate Hotels & Resorts, visit www.InterstateHotels.com.
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 550 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. For more information, please visit www.interstatehotels.com, or follow Interstate on Facebook and LinkedIn.