HREC arranges sale of Crowne Plaza in Rockville, Md.

HREC Investment Advisors arranged the sale of the 150-guestroom Crowne Plaza Hotel located in Rockville, Md.

Kevin Hanley (SVP – Washington, D.C.), Ketan Patel (SVP – Washington D.C.) and Geoff Davis (president & senior principal – New York), exclusively represented the owner.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

The property is near government complexes including the National Institute of Standards and Technology (NIST), The Department of Energy, National Institutes of Health (NIH) and National Cancer Institute.

The buyer plans to convert the hotel to a Radisson Hotel affiliation, shortly after the purchase.

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