Interstate Inks Contract To Manage Texas Resort

WASHINGTON, D.C.— Interstate Hotels & Resorts has signed a long-term contract to manage the Lakeway Inn Conference Resort in Austin, TX. The destination resort is owned by Lend Lease Real Estate Investments, an advisory and investment management firm. The deal marks Interstates first contract with Lend Lease. Located 18 miles northwest of downtown Austin in the Texas hill country, the Lakeway Inn Conference Resort sits on the shores of Lake Travis. After a recent $24 million renovation and expansion, the resort features 239 guestrooms with upscale amenities, the award-winning Travis Restaurant and Lounge, 20,000 square feet of state-of-the-art meeting space, 36 holes of championship golf, 26 tennis courts, sailing, full-service marina, two resort pools and spa services. The Lakeway Inn Conference Resort is an approved International Association of Conference Centers conference facility.