The Legacy Hotel Welcomes a New Era of Contemporary Style and Rich Historical Charm to the Heart of Downtown Washington DC
WASHINGTON, Sept. 23, 2024 /PRNewswire/ — Le Méridien Hotels & Resorts, a global premium brand within Marriott Bonvoy, announced today that an iconic property in Downtown D.C. has joined the brand portfolio following a $15 million renovation. Completing the renovation in September, the Le Méridien Madison, Washington, DC, is owned by Crescent Real Estate and operated by HEI Hotels & Resorts.
The lobby of the new Le Méridien Madison, Washington, DC
The renovation, designed by Parker-Torres Design, includes a redesign of the lobby, communal spaces and guestrooms to reflect the Golden Age of travel and to pay homage to Jackie Kennedy Onassis, who cut the opening ribbon to The Madison in 1963. Jackie’s style, hat, dress silhouettes, garment patterns, pearls, and other iconic pieces can be found throughout the hotel’s lobby and corridors. The hotel utilizes a color palette of brick and basin to reflect the brick and terra cotta roofs of federal buildings and the Tidal Basin that brings the Potomac into the city.
The lobby has been reimagined and contains high-impact arrival art that embodies Le Méridien branding. Each guestroom has been equipped with new flooring, wallpaper, ceiling finishes, light fixtures, furnishings, and artwork.
“Our team is thrilled to welcome guests to the new Le Méridien Madison, Washington, DC,” says General Manager Hazel Hagans. “This property embodies the spirit of our nation’s capital, blending modern glamour with rich historical charm. Our team is dedicated to delivering an exceptional guest experience, and we look forward to continuing to be a vibrant part of the community.”
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Joining Le Méridien Hotels & Resorts ushers in several new amenities for guests staying at the hotel. To celebrate the culture of art and the D.C. community, Le Méridien Madison, Washington, DC has unveiled the Unlock Art Program, allowing guests free access to local D.C. cultural centers and museums.
Lady Madison, the hotel’s signature restaurant and cocktail lounge, features a revamped menu of artfully crafted cocktails and plates inspired by Mediterranean cuisine fused with local D.C. favorites. The hotel will now offer Le Scoop by Le Méridien, serving gourmet gelatos and sorbets to savor the flavors of an indulgent dessert year-round. Lady Madison also offers a curated selection of still and sparkling rosé wines and thoughtfully crafted small bites to pair, as part of Le Méridien’s La Vie, Rosé + Petit Plates program. Additional programming will include special evenings inspired by iconic First Ladies, offering specialty cocktails and bites tied to our historical knowledge of these incredible women, like a classic Negroni, Jackie O’s favorite cocktail, or a Dolley’s Squeeze, a twist on the lemon cocktail Dolley Madison served at her famous soirées.
Le Méridien Madison participates in Marriott Bonvoy – the award-winning travel program from Marriott International – allowing members to earn and redeem points for their stay at the new hotel, and at other hotels and resorts across Marriott Bonvoy’s extraordinary portfolio of brands. With the Marriott Bonvoy app, members enjoy a level of personalization and a contactless experience that allows them to travel with peace of mind.
In celebration of the ‘Savouring the Good Life” with Le Méridien, guests are invited to discover elegance, charm, and sophisticated glamour at every turn with the new ‘Le Méridien Moments’ package, available now through January 15, 2025. The package includes 20% off guestrooms with a complimentary upgrade, plus a welcome amenity of Rosé for Two and a Sweet Treat from Dog Tag Bakery, a local D.C. bakery equipping veterans, military spouses, and caregivers with the tools to rediscover their purpose after serving our nation and reenter their communities with confidence and support.
ABOUT LE MÉRIDIEN MADISON, WASHINGTON, DC
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Le Méridien Madison, Washington, DC blends old-world charm and modern comfort in a captivating setting. Boasting 356 deluxe guestrooms, Le Méridien Madison, Washington, DC’s stylish accommodations include 27 elegant suites, 22 junior suites, select suites with private wall-to-wall terraces, and the penthouse-level Jefferson and Hamilton suites with sweeping views of the Washington Monument and Jefferson Memorial. Centrally located in downtown Washington DC, guests will find themselves within walking distance of several historic landmarks, including The White House. The on-site cocktail lounge, Lady Madison, is open daily from 4-11 p.m. and offers artfully crafted cocktails, locally inspired dishes, and unique happy hour offerings. Marriott Bonvoy members may earn points on their stay at Le Méridien Madison, Washington, DC and enjoy the newly renovated concierge lounge, Club Madison, as well as enjoy perks such as late checkout.
ABOUT CRESCENT REAL ESTATE LLC
Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management, development, and investment capacity of more than $10 billion. Through the GP Invitation Funds, Crescent acquires, develops and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A and creative office and life sciences, multifamily, hospitality, industrial, and senior living assets located throughout the U.S., including The Ritz-Carlton, Dallas. For more information, visit www.crescent.com.
ABOUT HEI HOTELS & RESORTS
HEI Hotels & Resorts, headquartered in Norwalk, Conn., is a leading hospitality investment and management company that owns or operates 100+ luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the United States. HEl’s branding partners include Marriott, Hilton, Hyatt, IHG, Choice and Wyndham. The company is renowned for its commitment to its associates under the culture of HEI Loves, its revenue management, profit contribution and empirically based real estate value creation, driven by a full complement of proprietary software tools to set and exceed targets on a fully integrated basis.
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Media Contact: Mattea Horn, PR Manager The Zimmerman Agency [email protected]
SOURCE Le Méridien Madison, Washington, DC
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The memorial service will be held at the National Law Enforcement Officers Memorial at 1 p.m.
A brave K-9 hero from the region will be honored at the Annual National Police K9 Memorial Service on Monday afternoon. (Roanoke Police Department)
WASHINGTON D.C. – A brave K-9 hero from the region will be honored at the Annual National Police K9 Memorial Service on Monday afternoon.
K-9 Knox died in the line of duty last year after he was accidentally hit by a police vehicle while pursuing a suspect involved in a stolen vehicle incident. He was a 3-year-old German shepherd and had served as a narcotics detection and patrol apprehension K-9 for the Roanoke Police Department since May 2023.
The memorial service will include a wreath-laying ceremony and will be held at the National Law Enforcement Officers Memorial in Washington, D.C., at 1 p.m. The event will open with a musical performance by Frank Ray, and the guest speaker will be Deputy Jared Hahn of the Miami-Dade Sheriff’s Office K-9 Unit.
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The San Antonio Police Department Blue Line Choir will sing the national anthem, and the Emerald Society Pipes & Drums band will also perform.
Showers continue to move west with a cold front tonight. There will be a break in the rain overnight, but showers return for the start of the day on Monday. Monday afternoon will be dry, but noticeably cooler.
Sunshine returns Tuesday, but the break in the rain will be short-lived with rain chances on Wednesday
Download the NBC Washington app on iOS and Android to check the weather radar on the go.
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TONIGHT: Showers early Mostly cloudy Wind: N 5-10 mph LOW: Low 50s
BXP (NYSE:BXP) is relocating its regional headquarters to make room for major tenant the Washington Commanders in Foggy Bottom.
The company is moving into a newly renovated downtown Washington, DC office building as part of this shift.
The relocation aligns with recent leasing activity and capital deployment in the DC market.
For investors watching NYSE:BXP, this move ties directly to how the company is using its portfolio to support active leasing and tenant relationships. The stock last closed at $59.46, with a 15.0% return over the past 30 days and a 1.7% return over the past week, while the return over the past 5 years is a 27.4% decline. These mixed signals highlight why operational updates like this relocation can matter alongside price performance.
The decision to prioritize space for an NFL franchise tenant and occupy a freshly renovated downtown asset provides additional context on how BXP is positioning its DC footprint. As more details emerge on leasing terms, occupancy, and future capital plans around these properties, investors can use this event as another data point when assessing how the company is managing growth and risk in a key office market.
Stay updated on the most important news stories for BXP by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on BXP.
NYSE:BXP Earnings & Revenue Growth as at May 2026
3 things going right for BXP that this headline doesn’t cover.
This headquarters move sits at the intersection of BXP’s tenant strategy and its capital deployment in Washington, DC. By giving the Washington Commanders a larger footprint in Foggy Bottom and shifting its own team into a recently refurbished, US$25 million downtown building, BXP is effectively using its portfolio as a tool to secure and retain high profile tenants. That matters for a company whose first quarter 2026 revenue of US$872.15 million and net income of US$101.58 million depend heavily on occupancy and long term leases. It also aligns with management’s comments about portfolio performance contributing to an increased full year 2026 EPS guidance range of US$2.15 to US$2.29 per diluted share, where gains on sales and operating trends both play a role.
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How This Fits Into The BXP Narrative
The relocation supports the narrative catalyst around a flight to quality, as BXP is concentrating activity in well located, premier DC assets that can appeal to blue chip tenants such as the Commanders.
At the same time, shifting internal space and accommodating a large tenant concentrates exposure in a single market and property cluster, which could challenge assumptions about diversification and leasing flexibility if demand softens.
This news adds detail on how BXP is using headquarters space as part of broader leasing negotiations, a nuance that may not be fully reflected in narrative discussions focused on development projects and capital recycling.
Knowing what a company is worth starts with understanding its story.
Check out one of the top narratives in the Simply Wall St Community for BXP to help decide what it’s worth to you.
The Risks and Rewards Investors Should Consider
⚠️ Higher tenant concentration in a single NFL franchise could increase earnings sensitivity to one lease, especially if sector headwinds or usage changes affect long term space needs.
⚠️ The move comes against a backdrop where analysts have flagged occupancy pressure and interest coverage as key risks, so additional capital tied to renovations and relocations may constrain flexibility if conditions tighten.
🎁 Hosting the Commanders in Foggy Bottom may support occupancy and brand appeal across nearby properties, which can help leasing in a competitive office market.
🎁 Moving into a newly renovated downtown office can signal confidence in DC as a core market and help BXP’s own staff operate closer to tenants and development activity.
What To Watch Going Forward
From here, keep an eye on leasing metrics and disclosed terms around the Commanders’ space, including remaining lease length, rent levels, and any associated capital commitments. It is also worth watching how occupancy and cash flow from the renovated downtown building show up in future quarterly results, alongside the company’s EPS guidance for 2026 of US$2.15 to US$2.29 per diluted share. Any commentary on additional relocations, asset sales, or redevelopment plans in DC will help you judge whether this move is part of a broader repositioning of the portfolio or a one off response to a single tenant opportunity.
To ensure you’re always in the loop on how the latest news impacts the investment narrative for BXP, head to the
community page for BXP to never miss an update on the top community narratives.
This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.
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