The move marks Interstate’s seventh new contract signing since the start of the year, following its recent acquisition of two new properties set to open at Manchester Airport in 2021 – a 280 guest room Holiday Inn and a 262 guest room ibis Budget.
The 251-guest room property, located on Forth Street in the city centre, also houses a Gin Bar, a restaurant – Hawthornes Brassiere – and an indoor pool and leisure club.
Nicholas Northam, executive vice president – International for the UK at Interstate Hotels and Resorts, said: “The Crowne Plaza Newcastle Stephenson Quarter is a welcome addition to our UK portfolio, which has seen rapid growth this year with seven new management contracts agreed in the first quarter alone.
“The Crowne Plaza Newcastle Stephenson Quarter has a great reputation and is well placed to cater for the growing conference and events market in the city, as well as the corporate and leisure traveller visiting the North East.”
In 2018, Interstate opened five new hotels across the UK, including two Hotel Indigo properties in Manchester Victoria and Durham, the AC Hotel Belfast – with a 112-seater Jean-Christophe Novelli restaurant, and the Hampton by Hilton Blackpool.
Additionally, the company has signed operational agreements for a number of properties including Bodmin Jail, the Hampton by Hilton Hamilton Racecourse and a new 135 guest room golf resort and spa at Portstewart, Northern Ireland.