Highland Hospitality Corp. / HIH

About Highland Hospitality Corp.

8405 Greensboro Dr., Suite 500, McLean, Va. 22102
www.highlandhospitality.com | 703-336-4901 | Founded: 2003

Industry: Hospitality/Travel | Category: Top 100 Companies

The real estate investment trust has grown rapidly since it was founded in 2003 by executives of McLean-based hotel management company Barcelo Crestline Corp. It went public in December 2003 and raised more than $360 million through an initial public offering and private placements. Soon after, it bought its first three hotels.
Since then, it has acquired mostly upscale hotels. In April 2005, it bought its first hotel outside of the United States, the 332-room Tucancun Beach Resort & Villas in Cancun for $31 million. Other properties acquired in 2005 include the Sheraton Annapolis Hotel, the Wyndham Palm Springs Hotel, the Hilton Boston Back Bay Hotel, the Westin Princeton at Forrestal Village and the Churchill Hotel in the District.

2007 Financial Data

Total employees: 15 | Local employees: 15