Stonebridge Companies | February 25, 2020
DENVER – Stonebridge Companies – an innovative and privately owned Denver-based hotel owner, operator and developer – has acquired and will manage the 168-room Residence Inn by Marriott Herndon Reston in Herndon, Virginia. This acquisition is Stonebridge Companies’ second in less than three months and the third since late 2018.
Stonebridge announced last month the purchase of Le Méridien New Orleans and, at the end of 2018, Embassy Suites by Hilton New Orleans.
The Residence Inn by Marriott Herndon Reston is located at 315 Elden St. in Herndon, minutes from Washington Dulles International Airport and a few blocks from downtown Reston, the shopping and dining destination home to over 50 retailers, 35 restaurants and a multi-screen cinema.
The extended stay hotel offers modern and spacious studios and two-bedroom suites with fully equipped kitchens and free Wi-Fi. It has a seasonal outdoor swimming pool and sports field®, barbecue and picnic area, free buffet breakfast, 24-hour convenience store , a business center and meeting space on site. Customers 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, DC area,” said Navin C. Dimond, president, CEO and founder of Stonebridge Companies. “We are confident that our unique brand of Distinguished Hospitality ™ will provide our guests with an unparalleled experience in the region’s hospitality market.
Stonebridge Companies’ diverse portfolio of 64 hotels and approximately 12,000 rooms includes select service, extended stay, mid-range and full-service hotels located across the United States.