StepStone Hospitality Expands Management Portfolio with Addition of
Hilton Washington, DC North/Gaithersburg

StepStone Hospitality, a premier hotel management company specializing in hotel, restaurant, and renovation management, today announced the addition of its newest Hilton property, bringing its third-party management portfolio to 17 hotels. This property, the Hilton Washington DC North/Gaithersburg in Maryland, offers 301 rooms, including two suites. StepStone also will oversee upgrades to the hotel, which will include new fitness equipment, new guestroom carpeting, new lobby and lounge furniture, and the installation of digital keys in all guestrooms.

“The Hilton Washington, DC North/Gaithersburg marks StepStone’s fifth Hilton family branded hotel,” said Tom Russo, StepStone’s Chief Executive Officer. “We believe our familiarity with the Hilton brands, combined with our knowledge of the market, will allow us to quickly increase the hotel’s metrics and guest satisfaction scores. We fully expect the hotel to regain its place as the upper upscale segment leader for business and leisure travelers to the Greater Washington, DC metro area.”

The Hilton Washington DC North/Gaithersburg

The Hilton Washington DC North/Gaithersburg is a full-service hotel located in the heart of Gaithersburg, Maryland, with easy access to businesses, historical venues, and entertainment options in the greater Washington, DC area. Hotel guest room amenities include complimentary Wi-Fi, flat-screen TVs, and MP3 players. Guests enjoy access to two swimming pools (one indoor), a fitness center, a complimentary business center, and 16,500 square feet of event space. Dining options include Rook’s Corner Restaurant, an American-style steakhouse and seafood restaurant that serves three daily meals, and a casual lobby bar.

Centrally located in the high-tech corridor of I-270 outside of Washington, DC, the hotel is a short Metro ride to such local attractions as the Smithsonian museums, the National Zoo, the White House, and the National Mall.  Also nearby are the Montgomery County Fairgrounds, the Germantown SoccerPlex, and Georgetown, with its variety of shops, dining, and nightlife.

“We continue to seek operational opportunities with owners of branded and independent hotels that will benefit from our management approach,” said Blair Wills, StepStone’s President and Chief Operating Officer. “Hilton is one of the most respected names in hospitality and the Hilton Washington DC North/Gaithersburg is an excellent addition to our growing portfolio of third-party managed full-service and select service hotels.”

About StepStone Hospitality

Rhode Island-based StepStone Hospitality specializes in management for boutique, full, and select-service hotels and restaurants, to enhance sustainable value to StepStone clients. The company provides a unique combination of strong, hands-on operations, strategic management, and food and beverage expertise, while maintaining a balanced focus between revenue enhancement, margin expansion, and guest satisfaction. StepStone Hospitality currently manages hotels under the Hilton, Marriott, Starwood, and InterContinental Hotel family of brands, as well as independent properties. Additional information about StepStone Hospitality portfolio is available at www.stepstonehospitality.com.