The Georgetown Inn became the talk of the town even before construction began. In October of 1959, residents were agog when they heard the announcement by Sheldon Magazine, president of the American Mortgage Investment Company, of a new hotel to be built at the corner of Wisconsin and N Street in the Georgetown neighborhood. It was the most exciting thing to happen in the town since Georgetown was taken into the District of Columbia in 1871. "Because of its location, construction and architecture", Sheldon Magazine said, "The Georgetown Inn will fall heir to the traditions of the great inns of Georgetown's past." Further, Mr. Magazine stressed that the inn was conceived as more than hotel but rather a "national landmark." The Georgetown Inn was the first new hotel built in Georgetown in over a century. Designed by Washington architects Corning, Moore, Elmore and Fischer, the Inn was built by Magazine Brothers Construction Corp. This same team went on to build the infamous Watergate Hotel. Construction on the Georgetown Inn began the first week of July, 1961. On Sunday May 20, 1962 the Georgetown Inn introduced itself to society. The four day opening festivities ended with an afternoon champagne buffet for prominent Georgetown locals and visitors. At the time, Georgetown Inn featured many innovations new to Washington and American hotels, such as butlers on each floor, Rolls Royce transportation, overnight bootery care and many other features found only in the most exclusive hotels on the European continent. The Georgetown Inn quickly became the place to see and be seen in Washington, DC. The Inn became host to society fashions shows of Dorothy Stead's, a very successful women's fashion shop which catered to DC's elite. Washington's most honored residents, Hollywood stars, royalty and sports icons were spotted at the Georgetown Inn including: Astronaut Gordon Cooper and family. (Gordon Cooper was on the first manned space effort by the United States), actors Robert Stack (The Untouchables) and George Burns, and one of the greatest hitters in MLB history, Stan Musial. The most notable guests of the Georgetown Inn have to be the Duke and Duchess of Windsor. Through the 70's until the late 80's the hotel continued to be the choice for discriminating travelers and pop culture icons. In 1976, the hotel hosted a party for Playboy Magazine as they featured their "Girls of Washington" edition. In February 1980, the hotel was sold to a partnership of 3 Washington investors. In 1991 the hotel begins to feel the pinch of the recession and its then owner, Conrad Cafritz, was having financial troubles of his own. The hotel was put on the market, and with no takers, The Marine Midland Bank decided to shut down operations. In May of 1992 the hotel reopened with new owners and managers. The structure had undergone some major changes between its shutdown and reopening. After several years of neglect, the Georgetown Inn again changed hands in November 2011. Purchased by local Washington DC hoteliers the Inn was added to the portfolio of Your DC Hotels. The new ownership and management take pride in the hotel's history, past successes and present charms.