Interstate Hotels & Resorts (NYSE: IHR), the nation`s largest independent hotel management company, today announced that the company will release third-quarter financial results on Monday, November 4, 2002, before the market`s opening. Management will hold a conference call at 10 a.m. E.T. to discuss those results.
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, www.ihrco.com, or www.streetevents.com, or may call (800) 218-0530, reference number 503878. (International investors may call (303) 262-2075.) A recording of the call will be available by telephone until midnight on Thursday, November 7, by dialing (800) 405-2236, reference number 503878. A replay of the conference call will be posted on Interstate Hotels & Resorts` Web site.

Interstate Hotels & Resorts operates more than 400 hospitality properties with approximately 86,000 rooms in 45 states, the District of Columbia, Canada and Russia, including 55 properties managed by Flagstone Hospitality Management, a subsidiary of Interstate Hotels & Resorts. BridgeStreet Corporate Housing Worldwide, an Interstate Hotels & Resorts subsidiary, is one of the world`s largest corporate housing providers, offering upscale, fully furnished corporate housing throughout the United States, Canada, the United Kingdom, France and 39 additional countries through its network partners. For more information about Interstate Hotels & Resorts, visit the company`s Web site: www.irhco.com.

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