Interstate Hotels & Resorts Acquires Rim Hospitality's Management Agreements

• Thursday, July 17, 2014

  Interstate Hotels & Resorts has acquired management agreements of Rim Hospitality. Interstate will create a Rim Hospitality Division with a dedicated team based out of Rim's Newport Beach, Calif., headquarters to manage the acquired portfolio.

  Russ Cox, Mark LeBlanc, Jeff Virgil and other Rim executives will lead the new division's West Coast-based operations. Russ Cox, who oversees all operations, sales and marketing and revenue management efforts for the divisional portfolio, will continue as executive vice president, reporting to Ted Knighton, Interstate's president and chief operating officer; Mark LeBlanc will transition as the executive vice president of development, reporting directly to Leslie Ng; and Jeff Virgil will continue in a senior finance role. Mark Burden, president, chief executive officer and managing partner of Rim, will continue in an advisory capacity.

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Source

• Interstate Hotels & Resorts Acquires Rim Hospitality's Management Platform

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