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494-Room Convention Hotel Changes Management

NEW ORLEANS-Friday's signing with Insterstate Hotels will change the Le Meridien Hotel here to the New Orleans Grande Hotel. The 494-key convention hotel is the second hotel property that Interstate will manage for LaSalle, which owns 17 upscale and luxury properties in 11 states.

By Glen Thompson | Updated on December 23, 2002

NEW ORLEANS-LaSalle Properties’ Le Meridien Hotel here will become the New Orleans Grande Hotel now that Interstate Hotels & Resorts has taken over management of the 494-room convention hotel property. Friday’s signing marks the second hotel management contract between Interstate and Bethesda, MD-based LaSalle, which owns 17 primarily luxury and upscale full-service hotels in 11 states.

“Interstate has a very positive track record in managing both luxury properties and convention hotels,” says Mike Barnello, chief operating officer of LaSalle Hotel Properties. “With more than 400 properties in their management portfolio, Interstate brings a number of unique operating advantages to the table, including economies of scale, proprietary state-of-the-art support systems, and the ability to cross-sell our property with other Interstate-managed hotels in the French Quarter, in the region and in our feeder markets.”

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