Remington Executive Suites

Hotels · Washington, DC

Business Summary

Remington Executive Suites, at 601 24th Street Northwest, Washington, DC, brings long-term comfort to DC's Foggy Bottom area. Situated in home to GWU and the State Department, with a transient population, it caters to a clientele spanning government officials, corporate travelers, and leisure tourists navigating one of the most dynamic hotel markets in the United States.

Location & Competitors

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Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Element DC
0m
32/100
Weak
Medium
Homewood Suites Capitol
0m
52/100
Average
High
Staybridge Suites
0m
34/100
Weak
Medium

Competitive Summary

Showing 3 of 3 competitors within 5km.

Financial Estimates

Market Analysis

SWOT Analysis

Strengths

Internal advantages

  • Suite-style accommodations with kitchens appealing to long-term DC visitors
  • Meeting and event facilities attracting corporate and association groups
  • Consistent quality standards through brand management protocols
  • Proximity to Metro stations ensuring convenient guest access

Weaknesses

Areas for improvement

  • Food and beverage offerings may not compete with surrounding restaurants
  • Small room sizes typical of older DC hotel stock
  • High operating costs due to DC's elevated labor and real estate expenses

Opportunities

External potential

  • Add co-working spaces to attract the growing bleisure travel segment
  • Implement dynamic pricing strategies to optimize RevPAR
  • Launch direct booking campaigns to reduce OTA dependency

Threats

External risks

  • Climate-related disruptions (severe storms, heat waves) impacting travel
  • OTA dominance (Booking.com, Expedia) eroding direct booking margins
  • New hotel openings in the DC market increasing supply pressure

Strategic Recommendations

Quick Wins

Implement this week

Growth Strategies

1-3 months

Risks to Monitor

Ongoing vigilance

Startup Ideas

AI-generated business opportunities inspired by this analysis

Digital Score

32/ 100
Poor

Quick Stats

Competitors3
Est. RevenueN/A
Digital Score32/100

Contact Info

601 24th Street Northwest, Washington, DC
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Remington Executive Suites stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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