-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 +vBeNPWbCParfynLOdtGew==

<SEC-DOCUMENT>0000895345-05-000629.txt : 20050608
<SEC-HEADER>0000895345-05-000629.hdr.sgml : 20050608
<ACCEPTANCE-DATETIME>20050608142434
ACCESSION NUMBER:		0000895345-05-000629
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050603
FILED AS OF DATE:		20050608
DATE AS OF CHANGE:		20050608

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERSTATE HOTELS & RESORTS INC
		CENTRAL INDEX KEY:			0001059341
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				510379982
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4501 NORTH FAIRFAX DRIVE
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22203
		BUSINESS PHONE:		(703) 387-3100

	MAIL ADDRESS:	
		STREET 1:		4501 NORTH FAIRFAX DRIVE
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MERISTAR HOTELS & RESORTS INC
		DATE OF NAME CHANGE:	19980407

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MIKULICH RAYMOND C
		CENTRAL INDEX KEY:			0001179696

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14331
		FILM NUMBER:		05884812

	BUSINESS ADDRESS:	
		STREET 1:		LEHMAN BROTHERS HOLDINGS INC
		STREET 2:		745 SEVENTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-526-7000

	MAIL ADDRESS:	
		STREET 1:		LEHMAN BROTHERS HOLDING INC
		STREET 2:		745 SEVENTH AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>jl4-interhotels_mikulichex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-06-03</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001059341</issuerCik>
        <issuerName>INTERSTATE HOTELS &amp; RESORTS INC</issuerName>
        <issuerTradingSymbol>IHR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001179696</rptOwnerCik>
            <rptOwnerName>MIKULICH RAYMOND C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>LEHMAN BROTHERS HOLDINGS INC</rptOwnerStreet1>
            <rptOwnerStreet2>745 SEVENTH AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Director's Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.58</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-06-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-06-03</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The options vest with respect to 1/3 of the shares covered on each of the first, second and third anniversaries of the grant
date.</footnote>
        <footnote id="F2">Represents options to purchase shares of the Issuer's Common Stock granted to Mr. Raymond C. Mikulich as a Director of the
Issuer. Mr. Mikulich is a Managing Director of Lehman Brothers Inc. (&quot;LBI&quot;), a wholly-owned subsidiary of Lehman Brothers
Holdings Inc. (&quot;LBHI&quot;). Pursuant to Mr. Flannery's employment with LBI, LB Interstate LP LLC, a wholly-owned subsidiary of
LBHI, is the beneficial owner of the options granted to Mr. Mikulich reported herein. Mr. Mikulich disclaims beneficial
ownership of the options reported herein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Raymond C. Mikulich</signatureName>
        <signatureDate>2005-06-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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