MeriStar Inks Consulting Agreement With American Skiing

WASHINGTON— MeriStar Hotels & Resorts announced that it has signed a five-year consulting contract with American Skiing Company to oversee management of the lodging facilities at eight American Skiing destination resorts, encompassing 3,423 total units. The agreement nearly doubles the size of MeriStars resort management portfolio. The properties comprise hotels, inns, and condominiums and include, among others, the Grand Summit Hotel at Sugarloaf in Maine, the Grand Summit Resort Hotel and Conference Center at Mount Snow in Vermont, and the Steamboat Grand Resort Hotel and Conference Center in Colorado. “These hotels are located at some of the most desirable, high-profile, year-round resorts in the nation,” said Paul W. Whetsell, MeriStar chairman and chief executive officer. “Resort properties account for about 7% of our current management portfolio, and we believe our expertise will allow us to take advantage of significant synergies and marketing opportunities.”