United Kingdom
United States
Asia Pacific
Marriott and billionaire propose new DC Convention Center hotel
Marriott International and billionaire entrepreneur Robert L. Johnson have offered to build the 1,220-room hotel planned near the Washington Convention Center, a deal that would resolve a dispute about where to put the project and unburden the District government of paying for it, reported the Washington Post.
The proposed deal is to build the hotel at Ninth Street and Massachusetts Avenue NW.
The developers would lease the land from the District, finance the construction and operate the hotel as a private enterprise, possibly with some support from tax revenues generated by the property guarantees until the hotel meets certain profit levels.
The Convention Center board is at the preliminary review and discussion stages with Marriott and Johnson.
Johnson now owns more than 20 hotels, run by Marriott and Hilton. He has served on the board of directors for Hilton for more than a decade. His hotel company, RLJ Development LLC, is in a partnership with D.C. developer Robert Gladstone to build a $450 million hotel to support Baltimore’s convention center near the Inner Harbor reported the Washington Post.
Related News Stories:
Charles Kao
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled