BridgeStreet Worldwide, Inc. · Arlington, VA United States
Company Description
View BridgeStreet Worldwide, Inc. Locations On A US Map
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This link will open in a new window BridgeStreet Worldwide bridges the gap between business trips and home. The company provides corporate housing -- serviced apartments for guests requiring short-term temporary housing or fully-furnished extended stay accommodations. Its more than 15,000 corporate apartments, which are typically 700 square feet or larger, are located throughout the US and nearly 50 countries internationally. BridgeStreet targets individuals, corporations, families, and government travelers. The company is owned by Dublin-based privately-held investment group Sorrento Asset Management, which purchased BridgeStreet Worldwide from previous owner Interstate Hotels & Resorts for more than $40 million in 2007. To read the full description, subscribe now.
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Key BridgeStreet Worldwide, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 450 |
BridgeStreet Worldwide, Inc. Executives
19 executives listed for BridgeStreet Worldwide, Inc.'s Arlington, VA location.
| Title | Name & Bio | Contact |
| President and CEO | Lee Curtis | Network |
| COO and Managing Director, Europe, Middle East. and Africa | Stephen Hanton | Network |
| SVP Finance | Dale Gingrich | Network |
Competition
Competitive Landscape for BridgeStreet Worldwide, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top BridgeStreet Worldwide, Inc. Competitors
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