First Apartment-style Property Opening in
December Giving Travelers More Stay Options Within the Marriott
Bonvoy Portfolio
BETHESDA, Md., Dec. 5, 2023
/PRNewswire/ -- Just one year after announcing its intention to
expand its presence into premium and luxury apartment-style
accommodations, Marriott International, Inc., (Nasdaq:MAR) has
begun taking reservations for its first Apartments by Marriott
Bonvoy™ property. Casa Costera, Isla Verde, Apartments by
Marriott Bonvoy in San Juan, Puerto
Rico is expected to open its doors in the coming weeks.
Located in the Isla Verde neighborhood of San Juan, the 107-unit property boasts a
rooftop pool with views of the sea and mountains and is steps from
the beach. It is an ideal location for leisure and corporate
travelers and should open just in time for high season to
accommodate tourists seeking warmer climates during the winter
months.
Apartments by Marriott Bonvoy sits within the premium and luxury
segments. It is distinguished from Marriott's existing
extended-stay brands with distinctly designed properties
incorporating sophisticated design and décor elements that
reflect the local neighborhood for independent travelers seeking
more space and residential amenities.
"Consumers looking for longer term accommodations, whether
traveling solo or as a family, are increasingly blending work and
leisure trips and seeking out the residential amenities that
Apartments by Marriott Bonvoy offers," said Brian Povinelli, Senior Vice President, Global
Head of Marketing and Brand. "Apartments by Marriott Bonvoy
complements our extraordinary hotel brands and should help increase
guest loyalty for our entire global portfolio of nearly 8,700
hotels."
The typical Apartments by Marriott Bonvoy unit offers private
bedrooms, a separate living room, full kitchen, and washer/dryer. A
24-hour gym allows guests to maintain their wellness routines.
Designed for a truly independent stay, Apartments by Marriott
Bonvoy does not provide traditional hotel services such as
food and beverage, meeting spaces or daily housekeeping.
Marriott Bonvoy members will earn five Marriott Bonvoy Points
per $1 USD on qualifying spend at
Apartments by Marriott Bonvoy properties and they can redeem points
for a qualifying stay. In addition, members will earn one Elite
Night Credit per night. Members will enjoy free Wi-Fi and exclusive
member rates, as well as additional benefits based on their status
level, including enhanced room upgrades and Ambassador service.
Among developers, the offering is generating tremendous interest
from hotel owners and franchisees who are looking to diversify
their portfolios as well as multi-family residential developers
seeking to take advantage of Marriott's trusted name and powerful
platforms, including Marriott Bonvoy, the company's award-winning
travel program with 192 million members. In 2024, additional
Apartments by Marriott Bonvoy properties are expected to open in
markets including the U.S. and Canada, and Europe, and the Middle East.
Apartments by Marriott Bonvoy is an adaptable brand that offers
residential and hotel developers the option to convert an existing
apartment-style building, as with the San
Juan property, pursue a new build, or be part of a multi-use
building in which the Apartments by Marriott Bonvoy component would
have its own dedicated lobby, services, and
amenities.
Travelers can learn more and book Apartments by Marriott Bonvoy
on its website. Developers interested in exploring apartment-style
projects with Apartments by Marriott Bonvoy can learn more on
the company's development website.
Note on forward-looking statements: This press
release contains "forward-looking statements" within the meaning of
federal securities laws, including statements related to expected
property openings; the brand's growth prospects; demand trends and
expectations; expectations regarding growth in customer loyalty;
expected benefits for owners and franchisees; and similar
statements concerning anticipated future events and expectations
that are not historical facts. We caution you that these statements
are not guarantees of future performance and are subject to
numerous evolving risks and uncertainties that we may not be able
to accurately predict or assess, including the risk factors that we
describe in our Securities and Exchange Commission filings,
including our most recent Annual Report on Form 10-K or Quarterly
Report on Form 10-Q. Any of these factors could cause actual
results to differ materially from the expectations we express or
imply in this press release. We make these forward-looking
statements as of the date of this press release and undertake no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
About Apartments by Marriott Bonvoy
Apartments by Marriott Bonvoy offers a truly independent stay
with sizable living spaces and sophisticated locally inspired
design, making each stay refreshingly unique. Centrally located,
premium and luxury apartment-style accommodations are designed with
private bedrooms, a separate living room, full kitchen and in-unit
laundry. Apartments by Marriott Bonvoy, one of more than 30 brands
in the Marriott Bonvoy portfolio, participates in Marriott Bonvoy,
the company's award-winning travel program and Marketplace. To
learn more and book a stay, visit Marriott.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/apartments-by-marriott-bonvoy-now-taking-reservations-302004946.html
SOURCE Marriott International, Inc.