Rolling out the Red Carpet
Hospitality Business is Booming
A sunny and very pleasant economic climate welcomes hospitality companies and other global businesses into our county. Whether putting down new roots or expanding seasoned ones, MoCo offers a prime locale. Nearly 7 million visitors pour into the county every year, generating millions of dollars in revenue and boosting employment by more than 30,000 people. And our proximity as a gateway to Washington, D.C. boosts our ‘favorite’ status.
Marriott, the world’s largest hotel and global hospitality company, plans $650 million new headquarters in Bethesda.
Choice Hotels builds a state-of-the-art, 135,000 sq. ft., LEED-certified headquarters in Rockville, MD.
B.F. Saul operates conference centers and business class hotels in airport, urban and suburban markets.
Host Hotels & Resorts, Inc. is a Fortune 500 company with the largest lodging real estate investment trust (REIT) and owner of upscale hotels.
It all began with a root beer stand
Montgomery County is a global destination for corporate headquarters for Fortune 500 companies including Marriott and Ritz-Carlton. Look at Marriott Hotels, a global leader with its pick of global headquarter locations. They chose to stay in Montgomery County, with plans to build a $600 million complex, house 3,500 employees in 700,000 square feet of space in downtown Bethesda. And to think, founder J. Willard Marriott and his wife, Alice, got their start with an A&W root beer stand in 1927.
A State-of-the-Art headquarters
Choice Hotels, formerly based in Silver Spring, also chose to keep roots and expand in MoCo, building a LEED-certified, 135,000 sq. ft. headquarters. They selected Rockville, a great example of one of MoCo’s many walkable communities to live, work and play. With more than 400 employees at the headquarters, its state-of-the-art facility launches a new era for the company. Choice franchises more than 6,300 hotels in the United States and abroad.
Support and Incentives
Perks and tax incentives bring in our hospitality clients, and a strong, growing economy keeps them here. Montgomery County and Maryland both provide excellent incentives from various groups, including the Maryland Economic Development Assistance and Authority Fund Development Assistance and Authority fund. Another great find? The Innovation Network incubator, where mentors can help you ‘kick the tires’ of businesses and ideas, help secure funding and offer support that leads to success.
hospitality workforce Training
Customer service success comes from the great people of our county. The Marriott Hospitality Center at Montgomery College offers a degree in Hospitality Management and certificates in Food and Beverage Management and Conference Planning. That’s just one of the close-by programs available to help you source an excellent, ready-to-start workforce for success. Montgomery County offers unequaled advantages for businesses looking to expand or relocate, thanks to an exceptional workforce and our prime location.
HERE ARE SOME OF THE NOTABLE BUSINESSES IN OUR AREA
Marriott International • Choice Hotels International • The Ritz-Carlton Hotel Company • Host Hotels & Resorts, Inc. • Sodexo • LaSalle Hotel Properties • RLJ Lodging Trust • Pebblebrook Hotel Trust • DiamondRock Hospitality • Hospitality Partners • BF Saul • The Bolger Center • Mont Co Parks Lodges and Venues
A Great Place to Visit
MoCo is an exciting destination for entertainment and family fun, incredible cultural venues and exhibitions, world-class restaurants and much more. Visit Montgomery is the official tourism spot with a wealth of information on the perfect hotel, ideas and activities, plus this fun trip builder planner. For seasonal events and happenings, check out Events at Visit Montgomery.
Take advantage of Tax Credits and Financial Incentives
Generous incentives abound in Montgomery County. Find more information about tax credits, grant and loan programs, equity investment funds and more. LEARN MORE >
Choice Hotels is a global hospitality company that has called Montgomery County home since 1968. After relocating its corporate headquarters to Rockville from Silver Spring in 2013, the company is already set to unveil an 8,000 sq. ft. expansion. They chose Rockville Town Square as ideal for its associates, a great central location and easy access to metro bus and rail service. The pre-expansion 135,000 sq. ft. headquarters is technology-driven, occupying six floors of the building with an airy décor, open workspaces, and abundant outdoor spaces. The meeting areas were expanded to accommodate the hundreds of associates, clients and franchisees that flow through the building.
Across the street from the corporate space, Choice Hotels built a Cambria Suites which integrates nicely into the mixed-use development.
LYNNE STEIN BENZION
Director of Business Retention & Expansion