Marriott’s W Washington D.C. property is being sold, and will losing it’s W brand once complete, as the new owners plan to operate it independently. Once known as Hotel Washington back in 1917, it’s likely the hotel will be renamed it’s original name as part of the sale.
Currently, there’s no exact date as to when this will be leaving Marriott, but internal sources say it could happen as early as next month.
Per the Washington Business Journal,
The “W” will soon come down from the W Washington D.C. hotel, a little more than two years after the property’s Dubai-based owner completed a $50 million renovation of the luxury branded hotel.
The mark of one of Marriott International Inc.’s luxury hotel brands is slated to be stripped from the 326-room hotel at 515 15th St. NW as early as Aug. 1, but possibly not until the end of August, according two sources familiar with the situation. The hotel, which offers choice views of the White House from its POV rooftop bar, is going independent as part of a pending sale from its current owner, an affiliate of the Investment Corp. of Dubai, to a subsidiary of Newport Beach, Calif.-based Pimco, according to sources.
“We are disappointed that the new owners of the W Washington D.C. have decided to run the hotel as an independent,” a spokesperson for Marriott (NASDAQ: MAR), said in an email. “We wish them the best in this next chapter for the storied property.
What are your thoughts on W Washington D.C. leaving Marriott and being operated independently? Feel free to share in the comments below.Â
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what happens to booked award stays there? just curious…. nothing booked there now…
Its the perfect time to do it as their deflag fees are dirt cheap since they take the 2 years avg of marriott fees and multiply it by a certain factor. Well with covid, many city center hotels suffered so they paid pennies.
I’m super disappointed that the nation’s capital lost its only W Hotel. I’m obsessed with W Hotels and Washington, D.C. is a city deserving of one. The closest one to me now is in Philadelphia 🙁 I really hope Marriott opens an even cooler, better W in a new location in the District!