Residence Inn Bethesda Downtown
Hotels · Washington, DC
Business Summary
Residence Inn Bethesda Downtown, situated at 7335 Wisconsin Avenue, Bethesda, MD, 20814 in Bethesda, is a extended stay/select service hotel serving the Washington, DC metropolitan area. The property benefits from DC's status as a perennial travel destination, with over 24 million annual visitors and a robust corporate travel market anchored by federal agencies. Its extended stay/select service positioning targets travelers seeking quality accommodations in the Bethesda corridor.
Location & Competitors
Competitive Landscape
| Business | Distance | Digital Score | Threat Level |
|---|---|---|---|
Unknown | 0m | 50/100 Average | Medium |
Unknown | 0m | 50/100 Average | Medium |
Unknown | 0m | 50/100 Average | Medium |
Competitive Summary
Showing 3 of 3 competitors within 5km.
Financial Estimates
Market Analysis
SWOT Analysis
Strengths
Internal advantages
- •On-site food and beverage outlets reducing guest need to leave property
- •Extended-stay amenities (kitchen, laundry) capturing long-term government contractors
- •Strong corporate accounts with government agencies and consulting firms
Weaknesses
Areas for improvement
- •Small room inventory limiting ability to capture large group bookings
- •High operating costs driven by DC's elevated labor rates and property taxes
- •Limited parking availability in urban location increasing guest friction
Opportunities
External potential
- •Expansion of meeting and event space to capture DC's recovering group travel segment
- •Targeting international tourism recovery as global travel restrictions continue easing
- •Implementing dynamic pricing AI to optimize revenue per available room (RevPAR)
Threats
External risks
- •Shifting corporate travel policies favoring video conferencing over in-person meetings
- •Inflation pressure on operating costs outpacing ability to raise room rates
- •Rising labor costs with DC minimum wage increases and hospitality worker shortages
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
Similar Hotels
Explore reports for similar businesses nearby
Harborside Hotel
6400 Oxon Hill Road, Oxon Hill, DC, 20745
Hilton Arlington
Washington, DC
Hyatt Place Washington DC/Georgetown/West End
2121 M Street Northwest, Washington, DC, 20037
Residence Inn Alexandria Old Town South at Carlyle
2345 Mill Road, Alexandria, VA, 22314
InterContinental Washington D.C. - The Wharf
801 Wharf Street Southwest, Washington, DC, 20024
Birdhouse B&B
327 T Street Northwest, Washington, DC
Digital Score
Quick Stats
Contact Info
Unlock Full Analysis
Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for Residence Inn Bethesda Downtown — financials, competitors, and a step-by-step action plan.
Coming soon • Instant delivery in 5 minutes • Money-back guarantee