Euro Capital Properties ushers in new era of luxury for one of the most fascinating hotels in history.
WASHINGTON – International New York-based real estate developer, Euro Capital Properties, announces The Watergate Hotel will once again open its doors in summer 2015 following an extensive $125 million renovation. With a modern reinvention from its scandalous past, the restoration infuses intriguing design within one of the most fascinating hotels in history.
“We are proud to announce The Watergate Hotel in Washington D.C. as the first property of the Watergate Hotels & Resorts company, with more to come worldwide,” said Jacques Cohen, Principal, Euro Capital Properties.
A true American icon situated on the banks of the Potomac River and just steps away from the capital’s chic Georgetown neighborhood, The Watergate will create an original luxury experience for the world’s most discerning leisure and business travelers. Originally designed by Italian architect Luigi Moretti in 1961, the hotel made waves with its groundbreaking contemporary style and quickly came to epitomize the fabulous lifestyle and sophistication of its time. Now the hotel’s current owners, Euro Capital Properties, have tapped world-renowned designer Ron Arad to complement the flowing, avant-garde architecture with classic elegance and bold mid-century modern design. In a nod to the hotel’s Italian heritage and inspired by its distinctive undulations, Arad looked to sculptural, modern furnishings by Italian designer Moroso.
“The Watergate is undoubtedly one of the most glamorous and illustrious hotels in the world,” said Rakel Cohen, Director of Design and Development, Euro Capital Properties. “We have paid meticulous attention to every detail in its renovation. With luxurious amenities and exceptional service in tandem with the sophisticated aesthetic, we are excited to bring our vision to life and make this a truly spectacular property. Its intrigue is driven by evocative design, from the retro feel that we have infused to the mystique that lies behind every curve of the hotel’s architecture.”
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