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JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland. [1]As of December 31, 2023, the company owned 44 operating properties including 16 apartment complexes with 6,318 units, 26 commercial properties comprising 8.3 million square feet, and 2 properties on which it collects ground rent.
[14] [15] The company operates in 21 states with 97 hotels under global brands including Courtyard by Marriott, Hilton Garden Inn, Hyatt Place and Embassy Suites Hotels. [16] [17] In 2008, RLJ Companies formed a partnership with Global Building Solutions to build a 78-room luxury resort and spa in Monrovia, Liberia. [7]
Since "yield" was an airline term and did not necessarily pertain to hotels, Marriott International and others began calling the practice Revenue Management. [5] The company created a Revenue Management organization and invested in automated Revenue Management Systems (RMS) that would provide daily forecasts of demand and make inventory ...
As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the United States, Brazil, and Canada. [1] The company, based in Bethesda, Maryland, is listed on Nasdaq, and is a component of the Nasdaq Financial-100 and the S&P 500 indices.
In January 1999, a year after being organized into a Maryland real estate investment trust, it became a public company via an initial public offering. [1] In May 2006, the firm acquired four Boston-area hotels for $44 million. [4] In June 2015, the company acquired the St. Gregory Hotel in Washington, D.C. for $57 million. [5]
Choice Hotels International, Inc. is an American multinational hospitality company based in North Bethesda, Maryland. The company, which is one of the largest hotel chains in the world, [3] [4] owns various hotel brands ranging from upscale to economy. As of the third quarter 2023, Choice Hotels franchised nearly 7,500 hotels, representing ...
The $51 million acquisition expanded the company's footprint to every Western state, except New Mexico, and grew its portfolio to nearly 90 hotels and 15,000 rooms. [14] Capitalizing on the Red Lion brand, a majority of the company's WestCoast Hotels properties were rebranded to the Red Lion name within the two years following the acquisition. [15]
Drury Hotels Company, LLC is an American hospitality company that operates a chain of mid-scale limited service hotels [1] under the brands Drury Inn and Suites, Drury Plaza Hotel, and Pear Tree Inn. [3] As of 2024, the chain operates more than 150 locations in 27 states. [4]