Thursday, July 7, 2022
HomeNewsW Washington DC Hotel to Be Sold, Get New Name

W Washington DC Hotel to Be Sold, Get New Name


The W Washington DC hotel is slated to be sold and lose the W brand this month, the Washington Business Journal reported.

The luxury hotel’s Dubai-based owner, an affiliate of the Investment Corp. of Dubai, is selling it to an organization that operates under Pimco, a global investment management firm headquartered in Newport Beach, California, according to the report.

A major renovation of the iconic 326-room hotel was recently finalized and cost the owners around $50 million.

The property, located at 515 15th Street, Northwest, will remove the W brand of Marriott International Inc. that it has been bearing since 2007 as part of the agreement. (It opened in 1917 as the Hotel Washington.)

A spokesperson for Marriott expressed the company’s disappointment with the new owner’s decision in an emailed statement to the Business Journal. “We wish them the best in this next chapter for the storied property,” they added.

The news outlet reached out to the hotel’s general manager Meade Atkeson and a representative for Pimco but failed to get a response from them.

The price of the sale is not known yet.

You Might Also Like

Latest Posts

DC Adds More Swimming Classes for All Ages at Public Pools

The DC Department of Parks and Recreation (DPR) said it has added 64 more swimming classes at the city's outdoor pools this summer.

Best Chair Massage Places in Washington DC: For Busy Folks With Little Time

If you are too busy for a thorough massage, make sure to visit the best chair massage places in Washington DC for a quick relief.

Best Handmade Shoe and Bag Stores in Washington DC

We all like having a unique piece in our wardrobe. Check out this list of the best handmade shoe and bag stores in Washington DC.