Governor Martin O’Malley, Montgomery County Executive Ike Leggett and City of Rockville Mayor Phyllis Marcuccio recently announced that Choice Hotels International (NYSE:CHH), one of the world’s largest lodging companies currently headquartered in Silver Spring, signed a letter of intent with the State, County and City to move its headquarters to Rockville when its current lease expires in 2013.
Since mid-2008, the company has been looking for a new headquarters of 130,000 square feet or more in the Capital Region to accommodate a growing number of employees and is in negotiations to lease office space in Rockville Town Center.
Once at their new location, the company plans to add 75 new employees, adding to its current base of approximately 400 employees in Maryland. Also under consideration is a Cambria Suites hotel near the proposed headquarters site to accommodate an estimated 10,000 stays per year generated by employee and franchisee training programs, as well as other community, vendor and hotel developer events.
Choice Hotels International, Inc. franchises more than 6,000 hotels, representing more than 490,000 rooms, in the United States and more than 35 other countries and territories. Read more.
POSTED AT: Monday, November 01, 2010 | 4:00:00 AM