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Watergate Hotel Undergoes $125M Upgrade

WASHINGTON, D.C.

New York-based real estate developer Euro Capital Properties has announced The Watergate Hotel in Washington, D.C., will once again open its doors in summer 2015 following an extensive $125 million renovation.

Set on the banks of the Potomac River and just steps from the capital's vibrant Georgetown neighborhood, The Watergate aims to create an original luxury experience with the revamp.

The hotel will consist of 343 upscale guest rooms, 95 percent of which will feature views of the Potomac River. Enhancing its idyllic riverfront positioning, approximately half of all guestrooms will boast lavish balconies. Multiple premier suites include five Diplomat Suites and two stately Presidential Suites.

Each guest room will feature ample natural light and views along with plush bedding, floor-to-ceiling marble bathrooms, top amenities and modern tech, including the ability to control virtually every aspect of their stay via an innovative smartphone application. Additional guest amenities include 24-hour in-room dining, dry cleaning and full laundry services, complimentary shoeshine and a daily newspaper of guests' choice.

Guests and local residents will have an array of options for gastronomy and libations on property, including inventive casual and fine dining establishments. And an elegant whisky bar will feature the best Scotch, American craft whiskeys and an array of liquors, creating an exclusive setting for high-caliber meetings or an intimate tete-a-tete.

The Watergate will also boast a palatial rooftop with 360-degree views of the river, the Capitol and the Washington Monument, including a fire pit and bottle service options, available as a site an exclusive event.

The hotel will also offer a spa and fitness facility with eight tranquil treatment rooms, sauna and steam rooms and a relaxation area for guests to unwind pre- and post-treatment. The space will showcase an 15-yard indoor swimming pool, a whirlpool and group studios for yoga and fitness classes.

One of the key aspects of the hotel's renovation was the addition of extensive meeting and event spaces, which previously did not exist in the building's footprint. The Watergate will offer 17,000 square feet of meeting and function space catering to a multitude of occasions. Areas include 11 flexible indoor spaces include several rooms with natural light and river views, an elegant 7,000-square-foot grand ballroom with several configurations and a 10,000 square-foot outdoor terrace overlooking the Potomac.

The Watergate Hotel is conveniently located near many of Washington, D.C.'s most popular destinations including The John F. Kennedy Center for the Performing Arts and the Georgetown Riverfront.