Posts Tagged ‘Marriott Marquis’

D.C.’s Building Boom, Financed in Exchange for Green Cards

May 1 was a big day for D.C.'s hotel industry. The city's largest hotel, the 1,175-room Marriott Marquis next to the convention center, opened its doors to the public. So did the 187-room Cambria Suites just four blocks to the north, at the CityMarket at O development in Shaw, which also includes a Giant supermarket [...]

With Marriott Marquis and Cambria Suites, D.C. Begins a Hotel Boom

After more than a decade of planning, D.C. finally has a new biggest hotel.
The Marriott Marquis opened its doors to the public at noon today. With 1,175 rooms, it's the largest hotel in the District. It's also the most anticipated, by far. Back when Mayor Marion Barry first pitched the idea of a new convention center [...]

Staycation: Why D.C. Has So Many New Hotels

Trying to find a place for Aunt Millie to stay in the District?
Good luck. Hotel occupancy and room rates in D.C. have trended up over the last year—prices averaged $206 per night in 2011—while no new hotels have opened. Business travel and tourism are on the rise again, after flatlining in 2008 and 2009, and [...]

The D.C. Government is Inflating the Hotel Market

A couple months ago, we looked at the District's hotel construction pipeline, and found thousands of rooms coming online in the next few years, even as jobs flatline and the rest of the commercial real estate market contracts. The question I should have asked is this: Who's financing all these hotels? Don't they see they're [...]

The Scoop on Dirt: What it Is and Where it Goes

There is an impressive amount of digging going on in Washington these days: There are towering cranes and gaping holes in the ground everywhere you look, especially along 14th Street NW and in NoMa, not to mention CityCenterDC, the Marriott Marquis hotel across the street, and St. Elizabeths in Ward 8. Where does it all [...]

Getting This Party Started at Convention Center Hotel

In proof positive that long-running development projects make for nearly as long groundbreaking speeches, today's ceremony to mark the official start of construction on the $520 million Marriott Marquis hotel downtown was a doozy, with speakers thanking everyone from former mayor Marion Barry (seated proudly in the front row) to Washington Convention and Sports Authority [...]

What Will the Convention Center Hotel Mean for Shaw?

The massive Marriott Marquis hotel planned for 10th and Massachusetts Avenue N.W. has been working through legal issues for so long now that nearby residents have almost forgotten it's on the way. But now, with a financial closing expected for October 27th and construction ready to start 10 days after, the prospect is starting to [...]

Developer Seeks to Block Convention Center Hotel Deal

Just when you thought 'Well it looks like we're over the final hurdle!" it appears the D.C. Convention Center hotel may be facing more delays.
This summer, the D.C. Council zoomed forward on a financing deal to jump-start a long awaited 1,167-room Marriott Marquis hotel, which is supposed to stimulate the city's convention business, and minimize [...]