10-15-2013 02:51 PM

Northview Group takes back Bethesda Marriott


Northview Hotel Group and an Oaktree Capital Management LP affiliate have jointly purchased the Bethesda Marriott hotel.




Northview Hotel Group and an Oaktree Capital Management LP affiliate have jointly purchased the Bethesda Marriott hotel, the RobertDyer@BethesdaRow blog reports. Marriott Hotels & Resorts will continue to manage the property under a long-term contract.
Northview, which owned the hotel from 2004 to 2007 and renovated it during that time, has another renovation in the works with design elements Marriott plans to implement across the chain in 2014.



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