WASHINGTON, D.C.’S THE MADISON REBRANDS: The Madison in downtown Washington, D.C. has rebranded and joined Marriott International’s Le Méridien brand portfolio, following a $15 million renovation. The iconic hotel, which has been renamed as Le Méridien Washington, DC, The Madison, is owned by Crescent Real Estate and operated by HEI Hotels & Resorts. The renovation, led by Parker-Torres Design, includes a redesign of the lobby, common spaces and 356 guestrooms to reflect the Golden Age of travel and pay homage to Jackie Kennedy Onassis, who cut the opening ribbon to The Madison in 1963. Lady Madison, the hotel’s signature restaurant and cocktail lounge, now offers a refreshed menu. The hotel will also offer Le Scoop by Le Meridien, which serves gourmet gelatos and sorbets. Le Méridien Washington, D.C. has unveiled the Unlock Art Program, allowing guests free access to local cultural centers and museums.
FAIRFIELD INN OPENS IN KANSAS CITY: Hotel Equities has announced the opening of the new Fairfield Inn & Suites by Marriott Kansas City at The Legends. Located in Kansas City, the hotel is owned by Legend Hotel LLC and managed by Hotel Equities. The hotel includes an indoor pool, a fitness center, meeting areas and free parking. Hotel Equities’ portfolio currently includes 20 Fairfield by Marriott hotels and around 300 properties across the U.S., Canada, the Caribbean and Latin America.
U.S. PERFORMANCE UPDATE: The U.S. hotel industry saw positive YOY comparisons, showed CoStar’s data through September 21.
- Occupancy: 68.9% (+0.5%)
- ADR: $168.80 (+2%)
- RevPAR: $116.22 (+2.5%)
Among the top 25 markets, Houston reported the highest YOY gains in occupancy (+10.7% to 69%). Driven by Dreamforce 2024, San Francisco saw the largest increases in ADR (+60.9% to $363.09) and RevPAR (+71.6% to $300.36). The steepest RevPAR decline was seen in New York City (-14.5% to US$379.90), due to a comparison against the week of the general debates during the United Nations General Assembly.
AMAN TO OPEN IN THE MALDIVES: Aman has announced its latest property — Aman Maldives. Located on a private island in the Vavuu Atoll, the luxury resort marks Aman’s 21st destination and the latest addition to its 35-property portfolio. Aman Maldives will be home to 52 guestrooms and 16 branded residences designed by Kerry Hill Architects. The standalone pavilions will have a private pool and range from one- to three-bedroom units, with some located on the main resort island and others on its extensions. Amenities at the property include multiple restaurants, a beach club, several private dining locations and an 8,655-square-feet spa (which will be situated on its own, separate island and include a dive center and water sport activities). The Aman Residences will range from five- to 10-bedrooms with each home set on its own islet with a private beach. Home owners can access an 82-foot pool and a personal landing jetty. Construction of the property is currently underway.
