Interstate First-Quarter Earnings Call

Interstate Hotels & Resorts (NYSE: IHR), the nation`s largest independent hotel management company, today announced that the company will release first-quarter financial results on Wednesday, May 7, 2003, before the market`s opening. Management will hold a conference call at 10 a.m. E.T. to discuss those results.
Joining Chairman and Chief Executive Officer Paul Whetsell on the call will be President and Chief Operating Officer John Emery and Chief Financial Officer Jim Calder. 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) 218-0204, reference number 533096. (International investors may call (303) 205-1500.) A recording of the call will be available by telephone until midnight on Monday, May 12, by dialing (800) 405-2236, reference number 533096. A replay of the conference call will be posted on Interstate Hotels & Resorts` Web site through Friday, June 6, 2003.
Interstate Hotels & Resorts operates approximately 400 hospitality properties with nearly 86,000 rooms in 44 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.ihrco.com .
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