Reports and updates on Marriott's Residence Inn brand marketing and sales strategies.
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New Castle pens long-term management agreement for dual-branded Marriott development in Syracuse 18 May, 2012
The combination Residence Inn/Courtyard by Marriott project is currently under development by RHS Holdings and will be part of Syracuse's Armory Square district. With 78 guestrooms in the Residence Inn hotel and 102 guestrooms in the Courtyard by Marriott, this combination hotel, slated to open in...More>>
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Tempe, Ariz., becomes hot spot for development 8 May, 2012
A flurry of development and new business openings in downtown Tempe, Ariz., is continuing with the construction of an 11-story, 173-room Residence Inn by Marriott. The East Valley Tribune reports that Miami-based Finvarb Group now has a building permit to build the hotel, construction of could...More>>
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Access Point Financial delivers financing for Arizona Residence Inn 3 May, 2012
Access Point Financial, which provides lending for the hospitality industry, provided first mortgage financing for a 173-room Residence Inn by Marriott in downtown Tempe, Ariz. The hotel is being developed by Miami-based Finvarb Group. The APF financing is the foundation of a multifaceted capital...More>>
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Marriott taking over downtown Los Angeles with development surge 28 Mar, 2012
Construction is set to begin on a $172-million Marriott hotel complex, across from L.A. Live, featuring a 174-room Courtyard by Marriott and a 218-room Residence Inn by Marriott, both under one 23-story roof. More>>
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Recovery: Construction of Residence Inn in Albany imminent 7 Mar, 2012
A 108-room new-build Residence Inn by Marriott project in an area of Albany, N.Y., could soon get off the ground, according to The Business Review. The Clifton Park development was previously stymied by the recession. "We feel comfortable we’re going to be finally able to pull the trigger," said...More>>
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Extended-stay hotel proposed for downtown Raleigh 27 Jan, 2012
The News & Observer reports that a developer is looking to build a new extended-stay hotel nearby the downtown convention center in Raleigh, N.C. Doyle Parrish, president of Summit Hospitality Group, told the paper he has secured financing to build a Residence Inn by Marriott across from the...More>>
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Residence Inn brand debuts in the UK 29 Nov, 2011
Marriott International has opened the first Residence Inn-branded property in the UK, the 107-room Residence Inn Edinburgh, designed by architect Foster + Partners and interior design house ICA Interiors.More>>
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Concord Hospitality divests portfolio of four Marriott-branded hotels 22 Nov, 2011
Hotel owner and operator Concord Hospitality Enterprises announced the sale of a portfolio of four Marriott-branded hotels located in Ontario, Canada to Genesis Hospitality, a Manitoba-based private investment group. More>>
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Chatham Lodging Trust finances Residence Inn in New Rochelle, N.Y. 18 Aug, 2011
Sonnenblick-Eichner Company arranged the $15.8 million first mortgage non-recourse financing, which is secured by the 124-room Residence Inn by Marriott in New Rochelle, N.Y.More>>
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Nobel Investment Group acquires Residence Inn Midtown Atlanta 17th Street 12 Aug, 2011
The 160 suite upscale hotel will undergo a renovation of its public areas and guestrooms.More>>
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