Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-Marshall Management, a mid-sized hotel management company, has signed a management contract to operate the Kalorama Guest House in Washington, DC. It is the company’s first contract to manage a hotel that is located inside the Beltway, Michael Marshall, president tells GlobeSt.com.

The Guest House has 47 rooms in six converted turn-of-the-century Victorian homes that are located in the 1800 block of Mintwood Place NW and the 2700 block of Cathedral Avenue NW. It is also the fifth property added to the company’s portfolio this year.

Marshall says that the company has been steadily growing its presence in the Mid-Atlantic of late, with 18 properties under management in this region. It is primarily active in most major markets along the eastern seaboard. Other properties under management in the DC are include a Holiday Express in Camp Springs, MD, a Comfort Suite in Laurel, MD, a Hampton Inn in Fredericksburg, VA, and three hotels in Baltimore.

“We continue to see increased interest by owners who seek to improve the returns on their hotels and have an active pipeline for new management assignments,” Marshall says in a statement. “Operating margins are under considerable pressure due to higher energy and insurance costs, as well as from rising labor expense and real estate taxes.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.