LONDON and BETHESDA, Md., March
27, 2017 /PRNewswire/ -- Marriott International, Inc.
(NASDAQ:MAR) today announced the expansion of its extended-stay
brand, Residence Inn by Marriott, with the signing of two new
properties in London. With
additional openings in Amsterdam
and Aberdeen this year, Residence
Inn expects to more than double its European portfolio in 2017.
The opening of Residence Inn London – London Bridge expected in
Q2 2017 will mark the debut of the company's industry-leading
extended-stay brand in the capital, and the opening of Residence
Inn London – Kensington is
scheduled to follow in Q4.
Both properties, owned by a controlled affiliate of Starwood
Capital Group, will be operated under a franchise agreement with
hotel management company and specialists in the extended-stay
market, Cycas Hospitality – London's second largest operator of serviced
apartment and apart-hotels.
Located on Long Lane in Southwark, Residence Inn London – London
Bridge will offer 87 generous suites. Well-connected with good
transport links, and a short walk from some of the city's main
historic attractions such as Tower Bridge and St. Paul's Cathedral, it is ideally situated
for leisure and business travellers alike.
Residence Inn London – Kensington will be situated on Warwick Road in
Earls Court, with 307 suites. The Kensington Olympia Exhibition
Centre is a 10-minute walk away, while cultural attractions such as
The Victoria and Albert museum,
the Science Museum, Royal Albert
Hall, and the Natural History museum can be reached within
10 minutes by car.
Both properties will cater to guests looking for longer stays
with spacious suites and separate living, working and sleeping
areas featuring upscale design and amenities. Fully functional
kitchens; grocery delivery service; fitness facilities; 24-hour
markets; complimentary breakfasts and free Wi-Fi throughout the
hotel help guests maximise their time and thrive on long stays.
Staying fit is made easier at Residence Inn properties courtesy of
custom running routes that guests can access via MapMyFitness,
thanks to the brand's global partnership with Under Armour
Connected Fitness.
Carlton Ervin, Chief Development
Officer Europe, Marriott International said: "Residence Inn is
already the global leader in the extended-stay lodging segment, and
we're excited that 2017 is set to be a pivotal year for the brand
in Europe. We see these latest
signings as a fantastic opportunity to grow the brand in such a
strategic global destination, and we're excited to be working with
Cycas Hospitality, which has a strong history of hospitality
expertise."
John Wagner, Founding Partner of
Cycas Hospitality said: "We are thrilled to welcome the world-class
Residence Inn brand to the extended-stay sector in London and to our own expanding hotel
portfolio. We look forward to creating memorable moments for
all our guests visiting these two new Residence Inn properties.
Delivering a first-rate guest experience is in the DNA of all our
Cycas Hospitality staff and we have an excellent track record to
prove it."
The two London properties will
be joined by new openings expected in Aberdeen and Amsterdam, growing the European portfolio from
three to seven hotels. The four additions planned for 2017 will see
almost 600 rooms added to the Residence Inn portfolio, and there
are a further eight properties anticipated by the end of 2019.
Residence Inn
Residence Inn by Marriott is the global
leader in the extended-stay lodging segment, with more than 730
properties located in the United
States, Canada,
Europe, the Middle East and Central America.
Designed for long stays, the brand offers spacious suites with
separate living, working, and sleeping zones. Fully
functional kitchens; grocery delivery service; 24-hour markets and
complimentary breakfasts help guests maximise their time and thrive
while they travel. Each Residence Inn offers free Wi-Fi in both
public and guests spaces to ensure continuous connectivity while on
the road. As a member of the Marriott International
portfolio, Residence Inn participates in the award-winning Marriott
Rewards® frequent guest programme. Members earn their choice
of points toward free vacations or frequent flyer mileage for
dollars spent at any of the more than 4,000 Marriott hotels
worldwide. For travel tips, the latest on the brand or to connect
with other travelers, "like" Residence Inn on Facebook:
www.facebook.com/residenceinn and follow Residence Inn on Twitter:
www.twitter.com/residenceinn.
Marriott International, Inc. (NASDAQ: MAR) is the world's
largest hotel company based in Bethesda,
Maryland, USA, with more than 6,000 hotels in 122 countries
and territories. Marriott operates and franchises hotels and
licenses vacation ownership resorts. The company's 30 leading
brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton
Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury
Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance®
Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott
Executive Apartments®, Marriott Vacation Club®, Autograph
Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord
Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®,
Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC
Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea
Hotels by Marriott®. The company also operates award-winning
loyalty programs: Marriott Rewards®, which includes The
Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more
information, please visit our website at www.marriott.com, and for
the latest company news, visit www.marriottnewscenter.com. Connect
with us on Facebook and @MarriottIntl on Twitter and Instagram.
About Cycas Hospitality
Cycas Hospitality is an award-winning hotel management company
specialising in extended-stay hotels in the UK and Europe. It
is the second largest operator of serviced apartment/apart-hotels
in London. It combines real world,
first-hand experience of hotel management with expertise in real
estate investment and development.
The Cycas Hospitality mantra is 'our job is not over until we
get a smile'. Traditional HR strategies are replaced with a
Culture Team which recruits friendly and welcoming staff based on
their personality. This is the backbone of the Cycas
philosophy and key to every Cycas managed hotel delivering a
first-class guest experience. www.cycashospitality.com
Note on forward looking statements: The expected future hotel
locations and openings are "forward-looking statements" within the
meaning of U.S. federal securities laws, not historical facts, and
are subject to a number of risks and uncertainties, including
supply and demand changes for hotel rooms; competitive conditions
in the lodging industry; relationships with clients and property
owners; the availability of capital to finance hotel growth; and
other risk factors identified in Marriott International, Inc.'s
most recent Annual Report on Form 10-K or quarterly report on Form
10-Q; any of which could cause the actual numbers or locations of
new hotels to different. These statements are made as of the date
of this press release, and we undertake no obligation to publicly
update or revise them or any forward-looking statements, whether as
a result of new information, future events or otherwise.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/residence-inn-set-to-double-its-european-portfolio-in-2017-300429910.html
SOURCE Residence Inn by Marriott