Westin Hotels
Westin Hotels sought to re-enter the D.C. hotel market in the 1990s. Originally, Westin had owned The Westin Hotel—a luxury hotel across the street from The Grand. The Oliver Carr Company and Westin jointly initiated construction on this 416-room, $65 million new hotel in 1983. On December 29, 1989, Westin sold the hotel to All Nippon Airways for $100 million. In 1994, Westin Hotels was acquired by Starwood Capital Group, Goldman Sachs, and the Edward Thomas Companies (a California-based hotel investment firm). (This former Westin-owned property is now The Fairmont Washington.)