Interstate Executives Hint At Possible IPO
From Washington Post:
Chairman Hewitt Confirms Impending ‘Liquidity Event’
When Jim Abrahamson takes the helm at Arlington’s Interstate Hotels & Resorts on Dec. 1, he will inherit a company that has fought its way back from the brink of collapse to regain its position as a hospitality powerhouse. The firm, one of the nation’s largest independent hotel managers, has made six major acquisitions in the past 11 months and brought in new blood, leading some industry analysts to wonder whether it is preparing to go public. Click here for the full story.
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