Interstate Hotels & Resorts’ Acquisition of Gateway Hospitality Group Management Platform


Paul, Weiss represented Interstate Hotels & Resorts on the deal

Interstate Hotels & Resorts – the leading U.S.-based global hotel management company – has acquired the management platform from Gateway Hospitality Group. The 20-hotel portfolio will be operated under Interstate Gateway Management LLC, a subsidiary of Interstate Hotels & Resorts, with founder Bob Voelker and partner Ron Hutcheson joining Interstate in executive-level asset management and owner relations responsibilities for this portfolio.

Aggregating to 2,544 rooms, the portfolio includes premium select-service properties under top lodging brands including Hilton and Hyatt in addition to two luxury boutique hotels located in five states and the District of Columbia.

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, led by Michael Deitemeyer, Andrew Jordan and Leslie Ng is based in Arlington, VA.

Paul, Weiss advised Interstate Hotels with Angelo Bonvino (Picture), Thomas de la Bastide, Julie Martinelli, Chuck Googe, Reuven Falik and Lindsay Parks.

Involved fees earner: Angelo Bonvino – Paul Weiss Rifkind Wharton & Garrison; Julie Martinelli – Paul Weiss Rifkind Wharton & Garrison; Thomas de la Bastide – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Reuven Falik – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Interstate Hotels & Resorts;

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Author: Ambrogio Visconti