IHR Interstate Hotels & Resorts,

ARLINGTON, Va., April 17 /PRNewswire-FirstCall/ -- Interstate Hotels & Resorts (NYSE:IHR), a leading hotel real estate investor and the nation's largest independent operator of full- and select- service hotels, today announced that the company will release first-quarter 2008 financial results on Wednesday, May 7, 2008, before the market's opening. Management will hold a conference call at 10 a.m. ET to discuss those results. The call will be hosted by Chief Executive Officer Thomas F. Hewitt and Chief Financial Officer Bruce Riggins. Stockholders and other interested parties may listen to a simultaneous webcast of the conference call on the Internet by logging onto Interstate's Web site, http://www.ihrco.com/, or http://www.streetevents.com/, or may call 800-240-5318, reference number 11112759. (International investors may call 303-262-2053.) A recording of the call will be available by telephone until midnight on Wednesday, May 14, 2008, by dialing 800-405-2236, reference number 11112759. (International investors may call 303-590-3000.) A replay of the conference call will be posted on Interstate Hotels & Resorts' Web site through June 7, 2008. As of today, Interstate Hotels & Resorts has ownership interests in 54 hotels and resorts, including seven wholly owned assets. Together with these properties, the company and its affiliates manage a total of 217 hospitality properties with approximately 45,000 rooms in 36 states, the District of Columbia, Russia, Mexico, Belgium, Canada and Ireland. Interstate Hotels & Resorts also has contracts to manage 16 to be built hospitality properties with approximately 3,800 rooms. For more information about Interstate Hotels & Resorts, visit the company's Web site: http://www.ihrco.com/. DATASOURCE: Interstate Hotels & Resorts CONTACT: Carrie McIntyre, SVP, Treasurer of Interstate Hotels & Resorts, +1-703-387-3320 Web site: http://www.ihrco.com/

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