Stonebridge Companies Acquires Residence Inn by Marriott Herndon Reston

USA, Denver, Colorado. March 23, 2020

Stonebridge Companies — a Denver-based, privately owned, innovative hotel owner, operator and developer — has acquired and will manage the 168-room Residence Inn by Marriott Herndon Reston in Herndon, Virginia. The acquisition is Stonebridge Companies' second in less than three months and third since late 2018.

Stonebridge last month announced the purchase of the Le Méridien New Orleans, and in late 2018 acquired the Embassy Suites by Hilton New Orleans.

The Residence Inn by Marriott Herndon Reston is located at 315 Elden St. in Herndon, just minutes from Washington Dulles International Airport and blocks from Reston Town Center, the shopping and dining destination that is home to more than 50 retailers, 35 restaurants and a multi-screen cinema.

The extended-stay hotel offers modern and spacious studio and two-bedroom suites with fully equipped kitchens and complimentary Wi-Fi. It features a seasonal outdoor pool and Sport Court®, barbecue and picnic area, complimentary breakfast buffet, 24-hour market and on-site business center and meeting space. Guests can also earn and receive benefits through the Marriott Bonvoy™ loyalty program.

"Stonebridge Companies is proud to expand our presence in Virginia and the Washington, D.C., area," said Navin C. Dimond, president, CEO and founder of Stonebridge Companies. "We're confident that our unique brand of Distinguished Hospitality™ will provide our guests with an experience that is second to none in the area's hotel market."

Stonebridge Companies' diverse portfolio of 64 hotels and approximately 12,000 guest rooms includes select-service, extended-stay, mid-scale and full-service hotels located across the United States.

Media Contact:

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in March 2021...

Hotel Human Resources: Pending Labor Shortage

The immense devastation suffered in the hotel industry last year has compounded a problem that human resource professionals will face once the market starts to recover in 2021 - a pending labor shortage. Though some hotels have done their best to retain employees or to ease the suffering caused by mass furloughs, staff reduction was inevitable and many of those employees may not be available to return when guest traffic picks up. Consequently, hotels will once again be competing to find and retain qualified talent to staff their operations. Naturally, companies will have to review their wage and benefits packages in order to remain competitive. They might also wholeheartedly embrace the work-from-home trend for some corporate positions. In addition, human resource professionals will also have to definitively convince frontline employees that their  hotels are safe to work in. The March Hotel Business Review will explore what some HR professionals are doing to address these and other employment issues in their respective departments.