WASHINGTON—International New York-based real estate developer, Euro Capital Properties, recently opened The Watergate Hotel after the property underwent a $125-million renovation. The hotel has been closed for renovations since 2007.
Situated on the banks of the Potomac River, the hotel was originally designed by Italian architect Luigi Moretti in 1961 to look like a sailboat on the Potomac.
The current owners, Euro Capital Properties, tapped designer Ron Arad and Italian designer Moroso to complement the avant-garde architecture with bold curves and mid-century modern design while restoring some of hotel's original structures such as the staircase and indoor pool. Architectural and interior design firm BBGM was the architect for the project.
"The Watergate is undoubtedly one of the most glamorous and illustrious hotels in the world," said Rakel Cohen, SVP of design and development, Euro Capital Properties. "We paid meticulous attention to every detail in its renovation and we're excited to bring our vision to life. Its intrigue is driven by evocative design, from the deep-rooted retro feel to the mystique that lies behind every curve of the hotel's architecture."
The hotel consists of 336 guestrooms, half of which include balconies. The hotel also offers six diplomat suites, 24 premier suites and two presidential suites. Each guestroom features natural light, a soft color palette and floor-to-ceiling Zebrano marble bathrooms with solid granite vanities.
The hotel will debut the Argentta Spa in early summer. The 12,000-sq.-ft. facility features eight treatment suites, a unisex steam room and nail salon, male and female changing rooms, sauna and steam rooms and a relaxation area. The space also has a 15-yard indoor, saltwater pool as well as a Whirlpool, an aqua aerobic space, barre studio and gym.