Interstate's Asia Investment Group signs three hotel-management agreements

Interstate Hotels & Resorts' Asia Investment Group, an organization formed to assist Asian hotel owners and investors in U.S. investments, executed three new hotel-management agreements, aggregating to 550 rooms including hotels under development or construction.

New to Interstate is the 217-room DoubleTree by Hilton Downtown Wilmington-Legal District, encompassing 24,000 square feet of hotel meeting and event space including one of Delaware's largest grand nallrooms. Located within one block of the Federal Courthouse and Delaware State Superior Courthouse, the property has two Legal War Rooms with 3,000 square feet of fully functional, turnkey law centers that include private, secured entrances and dedicated internet circuits, which are designed for legal teams preparing for litigation and court.

Slated to finish a complete renovation and reopen in spring 2018, the 131-room DoubleTree by Hilton in Pomona, Calif., is located in the San Jose hills, near Pomona Fairplex and California State Polytechnic University. The hotel will offer an outdoor saline pool with whirlpool spas, a 24-hour fitness center, meeting and event space with a 700-guest capacity and the Vita Italian Bar & Grill with modern Italian fusion and locally sourced produce.

Anticipated to open in late 2019, the 202-room Residence Inn Rowland Heights, Calif., hotel project is part of a multiuse, 130,000-square-foot development with a commercial center featuring dining, retail and entertainment.

"It is no more gratifying than to earn the business and trust from new customers. We are committed to driving peak performance for these high-quality hotels," Don Li, head of Interstate's Asia Investment Group, said in a statement. "Our Asia practice team is exceptionally qualified to serve Asian hotel owners and investors who seek to invest in the U.S. and Europe, as evidenced by our strong momentum and rapid growth."