Thursday, January 25, 2007

Black Owned Hotels In Nation's Richest Black County

Integrated Capital, LLC is an African American real estate group and is the lead owner of the 162-room Residence Inn currently being built at National Harbor in Prince George's County, Maryland. The Residence Hotel is 100 percent minority-owned and is scheduled to open in March 2008. The construction and ownership package is part of Marriott's Diversity Ownership Initiative (DOI). DOI is designed to educate and provide assistance to minorities with significant business experience and an interest in hotel ownership.

In 2005, Marriott made a pledge to have 500 minority- and woman-owned hotels by 2010. To date, Marriott has 30 minority- and woman-owned hotels open or under development in the Washington-Baltimore area. The Residence Inn at National Harbor, above left, will make the eigth minority-owned Marriott in the State of Maryland. The Residence Inn will make the fourth minority-owned Marriott hotel open or under development in Prince George’s County. National Harbor is a $2 billion, 300-acre project that is anchored by the 2,000-luxury hotel room Gaylord National Hotel Resort and Convention Center, It will include residential, hotel, convention, retail, dining, entertainment and office space.

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