Marriott Expands Apartments Worldwide, Opens Up New Markets in the USA, Italy and Saudi Arabia

Friday, 16.02.2024
Marriott International is focusing on growing its flat brand and offering guests more space and comfort for longer stays.

New locations offer modern flats with separate living areas, fully equipped kitchens and many other amenities.

Marriott International (Nasdaq: MAR) has announced plans to expand its new Apartments by Marriott Bonvoy brand globally. The company has signed agreements for new locations in the US, Italy, and Saudi Arabia, which will offer guests looking for longer stays more space and a homely ambiance. The company has signed agreements for new locations in the US, Italy, and Saudi Arabia, which will offer guests looking for longer stays more space and a homely ambiance. The brand’s global presence will be further expanded.

The company has signed agreements for new locations in the US, Italy, and Saudi Arabia, which will offer guests looking for longer stays more space and a homely ambiance. The flats have private bedrooms, separate living areas, fully equipped kitchens, and private washers and dryers.

The new locations are in attractive areas and offer various amenities. Apartments by Marriott Bonvoy are being built in Detroit, Michigan and St. Louis, Missouri in the USA. In Italy, a new property is opening in Courmayeur, Aosta Valley, and in Saudi Arabia, an apartment complex is being built on the luxurious island of Sindalah.

Marriott believes that the Apartments by Marriott Bonvoy brand has significant potential. According to Leeny Oberg, Chief Financial Officer and EVP of Development at Marriott International, the brand offers an excellent return on investment for developers of residential and hotel properties. Guests are increasingly seeking personalised and locally inspired solutions for their extended stays as they combine work, leisure, and family travel.

The brand’s expansion highlights the increasing popularity of alternative accommodation options that offer the flexibility of a flat and the service and security of a hotel brand.

Additional details on the new location
  • Detroit, Michigan are also available. The Plaza Apartments in the Midtown Detroit neighbourhood are being redeveloped to create The Apartments by Marriott Bonvoy. It is expected to open in the third quarter of 2024 and will feature 92 flats and a 500 square metre fitness centre.
  • In St. Louis, Missouri, The Apartment by Marriott Bonvoy will be constructed adjacent to a new Sheraton Hotel in the city centre. The building, which dates back to 1929, will blend historical elements with modern design. Additionally, Apartments by Marriott Bonvoy in an undisclosed location will offer 50 flats with a private hotel entrance, welcome lounge, and check-in.
  • Le Géant in Courmayeur, Valle d’Aosta, Italy, offers 47 flats with spacious living areas and modern, locally inspired design.
  • Sindalah, Saudi Arabia’s Apartments by Marriott Bonvoy comprise 218 studios and flats with one, two and three bedrooms. All flats have separate living areas, fully-equipped kitchens, and private washing machines and dryers. The building also features a fitness centre and a swimming pool.