Marriott International's Extended-Stay Brands Lead Company's North American Growth

At the Worldwide ERC Global Workforce Symposium, Marriott International, Inc. announced that its extended-stay portfolio now accounts for one-third of the company's North American development pipeline.

Residence Inn by Marriott and TownePlace Suites by Marriott lead the U.S. market in this segment and have a combined pipeline of more than 180 hotels under development, including 140 new unit openings planned by 2015. Internationally, extended-stay demand is rising with Marriott Executive Apartments, located wholly outside of the U.S., expecting nearly a 50 percent increase in hotel distribution by 2016.

The Marriott extended-stay portfolio consists of three distinct brands that are geared toward the needs of long-term stay guests. With more than 850 locations across the globe, Residence Inn, TownePlace Suites and Marriott Executive Apartments are designed for travelers who spend much of their lives on the road.

Residence Inn's expansion signals widespread demand for the pioneer brand
A long-standing leader in the extended-stay segment, Residence Inn has the third-largest number of hotels in the Marriott International portfolio worldwide. With strong franchise demand in North America, Residence Inn has nearly 120 hotels under development, leading Marriott's other brands in the region.

Designed for a traveler who seeks balance on the road, along with large suites and upscale amenities, Residence Inn hotels are ideal for guests who need accommodations for long stays. Featuring studio, one-bedroom and two-bedroom suites, Residence Inn properties offer full kitchens and free grocery delivery for all guests. Key Residence Inn amenities include free Wi-Fi, complimentary hot breakfast and evening social hours, as well as lobby and outdoor spaces designed for gathering.