Interstate Hotels & Resorts assumed management of The Westin Alexandria in Alexandria, Va., through a partnership with Hong Kong-based owner Junson Capital. The hotel is located 25 minutes from Washington, D.C., near the Old Town Alexandria neighborhood and steps away from the George Washington Masonic Memorial.
“Focusing investment and attention on Interstate’s accelerated growth objectives is crucial to elevating our company’s upper-upscale category,” Mike Deitemeyer, president and CEO of Interstate Hotels & Resorts, said in a statement. “With a comprehensive renovation and quintessential location near revered Alexandria attractions, this addition to our portfolio is indicative of the momentum coursing throughout our company.”
Designed and positioned for both business and leisure travelers, The Westin Alexandria consists of 319 rooms, as well as 20,000 square feet of renovated meeting and event space inclusive of 14 meeting rooms and an 8,000-square-foot ballroom – the largest ballroom in Old Town Alexandria.
In addition to The Westin Alexandria announcement, Interstate Hotels & Resorts is continuing momentum with a global outlook and a robust mix of projects in the pipeline. The company's global portfolio represents 540 properties in 12 countries inclusive of committed pipeline of signed hotels under construction or development around the world.
Headquartered in Hong Kong, Junson Capital is an investment management company with multiple investment strategies and a global footprint. Anchored by family funds, its business covers real estate, financial assets and private equity.