Rosewood takes over Georgetown hotel

Rosewood D.C.

Rosewood Hotels & Resorts has been appointed by CTF Development International to manage the former Capella Washington, D.C., after it acquired the hotel from Castleton Hotel Partners for $65 million.

Now known as the Rosewood Washington, D.C., Rosewood is working with Capella Hotels during the 49-room hotel's transition.

The building was formerly home of the Trial Lawyers Association, and a partnership between Castleton Holdings and Capella Hotel Group transitioned the property into a hotel that opened in 2013. The property is located near the C&O Canal in D.C.'s Georgetown neighborhood. The hotel's interiors includes contemporary works of art and a number of dining options such as the Grill Room, Rye Bar and a rooftop lounge.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

“Rosewood Washington, D.C. is an exciting addition to Rosewood’s collection of properties and strengthens our presence in North America,” said Sonia Cheng, CEO of Rosewood Hotel Group. “The hotel draws on the capital’s rich culture and history to express Rosewood’s trademark philosophy of ‘A Sense of Place’ in innovative and memorable ways.”

“Capella Washington D.C was our first Capella branded property in the United States and we could not be more pleased by the excellence in which we achieved our vision,” said Horst Schulze, president and CEO of Capella Hotel Group.

Suggested Articles

The Louis Group collection is tagged at a total enterprise value of €178.6 million. 

Barron Hilton, son of Hilton founder Conrad Hilton, served as president/CEO of Hilton from 1966 to 1996.

Kenny Kan is tasked with increasing the Outrigger portfolio through acquisitions and management contracts in Hawaii and global resort destinations.