Interstate Hotels & Resorts announced that Interstate China has signed an agreement to manage the 850-room DoubleTree by HiltonShanghai-Pudong, the first Hilton Worldwide-franchised hotel in China. The hotel, owned by Shanghai Jin Jiang International Hotels (Group) Co. Ltd., converted to the DoubleTree by Hilton Shanghai-Pudong on February 28, 2012 and will immediately begin a multi-million dollar comprehensive renovation to be completed in 2013.“It is extremely gratifying to be the first hotel operator of a franchised DoubleTree by Hilton hotel in China,” said Jim Abrahamson, Interstate’s chief executive officer. “Interstate China, our joint venture with Jin Jiang Hotels, is a business model that we have successfully implemented in other regions globally. Interstate has a long history as a franchisee/operator in multiple countries. Our outstanding reputation as a quality operator of leading international brands and our highly experienced Interstate China executive team, combined with our depth of resources and scale, position us well for continued growth in China.”
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