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Marriott International Plans Global Headquarters In Bethesda, Maryland

10/19/2016
Marriott International, Inc., the world’s leading hotel company, will relocate its global corporate office to a state-of-the-art, build-to-suit $600-million facility to be located in downtown Bethesda, Maryland.

Montgomery County has been Marriott’s home for more than 60 years. The new complex will house more than 3,500 employees in approximately 700,000 squa??re feet of leased office space. According to state officials, the company is considering several sites in downtown Bethesda, and is expected to select a final site in the first half of 2017. Marriott plans to occupy the new space before the expiration of its current lease at 10400 Fernwood Road in late 2022. In addition, Marriott also announced that a 200+ room, Marriott-branded hotel will be built on the site.

As part of the announcement, Marriott President/CEO Arne Sorenson said, “Marriott has been headquartered in Montgomery County, Maryland for more than 60 years and we intend to remain close to our roots. Our goal is to provide a cutting-edge workspace for our associates that offers state-of-the-art technology, modern amenities, and access to a range of transportation options.”

Sorenson added, “We also plan to manage a new 200+ room Marriott-branded hotel to be built on the site, which will be a significant economic driver for the community. After a comprehensive review of many excellent options in Washington, D.C., as well as Arlington and Fairfax counties in Northern Virginia, and North Bethesda, we have narrowed our search to downtown Bethesda, an area which offers multiple sites that meet our priority needs.”

“Marriott is a world-class company with deep roots in our state, and their decision to continue growing their business right here in Maryland is tremendous news,” said Governor Larry Hogan. “For over 60 years they have been a vital member of our business community, employing thousands of Marylanders, and making a real and lasting positive impact on our state’s economy. Today’s announcement also reflects a great partnership with County Executive Ike Leggett and his team – a partnership that ensures our state will continue to benefit from Marriott’s presence and investment for decades to come.”

“I am pleased by Marriott’s decision to keep its headquarters operations and employees in Montgomery County,” said Montgomery County Executive Ike Leggett. “The county, working closely with Marriott’s team and with Governor Larry Hogan, has partnered on an agreement that benefits the company, the state, and Montgomery County. Marriott has long been a mainstay here and has been an excellent corporate citizen, giving back again and again to help strengthen our community. The Marriott brand, now the largest in the lodging world, will shine ever more brightly from right here in the county.”

“Marriott is a brand recognized and respected around the world, and the fact that they call Maryland home does a lot to advance our economic development efforts,” said Maryland Secretary of Commerce Mike Gill. “With more than 90 hotel properties across Maryland that had more than $600 million in sales last year, Marriott is also a valued part of our state’s tourism industry, which contributes some $16.4 billion in economic impact within our borders each year.”

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