In a move expected to enhance its global portfolio growth, Marriott International has announced its expansion into apartment-style accommodations with the launch of Apartments by Marriott Bonvoy in its US and Canadian markets.
The company says it is building upon its 26 years of experience with Marriott Executive Apartments, its serviced-apartment brand in Asia, Europe, Middle East, Africa and Latin America, the move precipitated by growing consumer interest among families and friends seeking more space for stays, the blending of work and leisure travel, and desire among younger travellers for wider accommodations options.
Marriott plans to introduce Apartments by Marriott Bonvoy in the upper-upscale and luxury segments, distinguished from Marriott’s existing extended-stay brands, with distinctly designed products that reflect the local neighborhood for independent travellers seeking more space and residential amenities.
Apartments by Marriott Bonvoy will be designed to feature a separate living room and bedroom, full kitchen, and in-unit washer and dryer.
But unlike Marriott’s existing extended-stay brands, the new accommodation will not providing certain traditional hotel services such as food and beverage, meeting spaces, and retail.
Marriott International President, Stephanie Linnartz said travellers planning vacations and long business trips today are seeking more choice in accommodations.
“The introduction of Apartments by Marriott Bonvoy responds to those trends, while offering developers a premium product backed by our trusted name and distribution platform,” she said.
“With Apartments by Marriott Bonvoy, guests will be able to shop a wider array of accommodation options within the Marriott Bonvoy portfolio, growing their loyalty to the portfolio and its range of brand offerings.”
Apartments by Marriott Bonvoy is anticipated to offer developers flexibility to build new properties or convert existing properties, with a design approach similar to the company’s successful Autograph Collection and Tribute Portfolio lodging brands which offer consumers independent, uniquely distinguished hotel experiences.
Apartments by Marriott Bonvoy will be backed by Marriott’s powerful reservations engine and Marriott Bonvoy, the company’s award-winning travel program with 173 million members.
According to global travel market research company, Phocuswright its findings show research, three of the top five reasons for selecting an apartment-style rental are more room or space, access to a full kitchen and laundry, and home-like feel.
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