Headquartered in Fairfax, Va., outside of Washington, D.C., Crescent Hotels & Resorts owns and co-invests in hotel real estate, and is an independent, third-party operator of hotels and resorts. The company currently owns or operates 35 upscale and mid-market hotels and resorts with approximately 5,400 rooms in 18 states. The company's portfolio encompasses properties in the resort, full-service, convention and premium limited-service segments under nearly 15 hotel flags, including the leading brands of Marriott, Hilton, Sheraton, InterContinental, Choice and Wyndham Hotel Group, as well as independent hotels and resorts.