Sign in Subscribe
Computer industry

Upscale Hotels Flock to Montgomery County Amid Growth of Tech Industry

Strategic Insights

— 2 min read

As the technology industry flourishes in Montgomery County, upscale hotels are opening at a rapid pace to accommodate the growing demand for high-end accommodations. Sunburst Hospitality's Atrium Court Hotel, located at 3 Research Court in Rockville, is the latest addition to the area's hospitality scene, offering business travelers state-of-the-art amenities such as internet access, a business center, and 14,000 square feet of meeting space. The hotel's proximity to major Fortune 500 companies, research laboratories, and satellite campuses of top universities has made it an attractive option for corporate travelers.

Key Takeaways:

  • Sunburst Hospitality's Atrium Court Hotel is the latest upscale hotel to open in Montgomery County, catering to the growing demand for high-end accommodations in the area.
  • The hotel is located near major Fortune 500 companies, research laboratories, and satellite campuses of top universities, making it an attractive option for corporate travelers.
  • Montgomery County officials and hotel operators believe that the growth of the technology industry is driving the need for more upscale hotels in the area.
  • Marriott International is also expanding its presence in Montgomery County, with plans to open more hotels in the area, particularly in response to the growth in the biotechnology industry.
  • Hotel operators Sheraton and Hilton also plan to open new hotels in Rockville, further increasing the number of upscale hotels in the area.
  • The Atrium Court Hotel features a business center, 14,000 square feet of meeting space, and internet access in each room, making it an attractive option for business travelers.
  • Joe Shapiro, spokesman for the Montgomery County Economic Development Department, stated that the growth of the technology industry has led to a desire for corporate travelers to stay closer to their workplaces.
  • Matt Carroll, spokesman for Marriott International, said that the growth in the biotech industry is driving the company's interest in expanding its presence in Montgomery County.

Statistics:

  • 400,000 square feet: the size of the Columbia Center office building being built at 1152 15th St. NW.
  • $80 million: the proposed spending on Greater Southeast Community Hospital for improvements to its existing facilities and expansion of its ambulatory care center.
  • $132 million: the proposed spending on two new ambulatory care centers and a full-service health complex.
  • 210-room: the number of rooms in the Courtyard by Marriott hotel opened by Marriott International in Gaithersburg in May.
  • 2,700 square feet: the size of the business library with workstations in the Courtyard by Marriott hotel.
  • 138,000 square feet: the space leased by the law firm of Orrick, Herrington & Sutcliffe LLP in the Columbia Center office building.

Sources:

  • THE WASHINGTON TIMES, "Sunburst Hospitality opens latest upscale hotel in Montgomery County" (no date mentioned)
  • THE WASHINGTON TIMES, "Marriott International looks to expand in Montgomery County" (no date mentioned)
  • THE WASHINGTON TIMES, "Health clinics, hospital expansion proposed for District's east side" (no date mentioned)
  • THE WASHINGTON TIMES, "UBS Global Asset Management joins Monument Realty as Columbia Center financial partner" (no date mentioned)

Read more