Marriott International Strengthens Leadership Position in Branded Residences, Announces Owner Recognition Platform
Marriott International (NASDAQ: MAR) announces continued growth in its Branded Residences portfolio and introduces ONVIA, a new Owner recognition platform. The company has 138 open residential locations and a pipeline of 123 projects, representing nearly 50% growth since 2019. Marriott offers 16 distinct residential brand offerings across luxury and premium brands.
The company's branded residence portfolio is forecasted to generate $1.7B in residential sales revenue for third-party developers in 2024. ONVIA aims to enhance experiences for Residence Owners with benefits like elevated Marriott Bonvoy status, preferred rates, and exclusive offers. Marriott's global expansion includes new projects in Europe, Middle East, Africa, Asia Pacific, United States, Canada, Caribbean, and Latin America.
Marriott International (NASDAQ: MAR) annuncia una crescita continua nel suo portafoglio di Residence Brandizzate e presenta ONVIA, una nuova piattaforma di riconoscimento per i proprietari. L'azienda conta 138 località residenziali aperte e un programma di 123 progetti, rappresentando quasi il 50% di crescita rispetto al 2019. Marriott offre 16 distinti brand residenziali tra marchi di lusso e premium.
Il portafoglio di residence brandizzate dell'azienda prevede di generare $1.7 miliardi di entrate dalla vendita residenziale per sviluppatori terzi nel 2024. ONVIA mira a migliorare le esperienze per i proprietari delle residenze offrendo vantaggi come uno status elevato nel programma Marriott Bonvoy, tariffe preferenziali e offerte esclusive. L'espansione globale di Marriott include nuovi progetti in Europa, Medio Oriente, Africa, Asia Pacifico, Stati Uniti, Canada, Caraibi e America Latina.
Marriott International (NASDAQ: MAR) anuncia un crecimiento continuo en su portafolio de Residencias de Marca y presenta ONVIA, una nueva plataforma de reconocimiento para propietarios. La empresa tiene 138 ubicaciones residenciales abiertas y un plan de 123 proyectos, lo que representa casi un 50% de crecimiento desde 2019. Marriott ofrece 16 ofertas de marcas residenciales distintas en marcas de lujo y premium.
Se prevé que el portafolio de residencias de marca de la compañía genere $1.7 mil millones en ingresos por ventas residenciales para desarrolladores externos en 2024. ONVIA tiene como objetivo mejorar las experiencias para los propietarios de residencias con beneficios como un estatus elevado en Marriott Bonvoy, tarifas preferenciales y ofertas exclusivas. La expansión global de Marriott incluye nuevos proyectos en Europa, Medio Oriente, África, Asia Pacífico, Estados Unidos, Canadá, el Caribe y América Latina.
메리어트 인터내셔널(NASDAQ: MAR)이 브랜드 레지던스 포트폴리오에서 지속적인 성장을 발표하고 소유자 인식 플랫폼 ONVIA를 소개합니다. 이 회사는 138개의 개방형 주거지와 123개의 프로젝트 파이프라인을 보유하고 있으며, 이는 2019년 이후 거의 50% 성장한 결과입니다. 메리어트는 럭셔리 및 프리미엄 브랜드를 포함하여 16개의 독특한 주거 브랜드를 제공합니다.
회사의 브랜드 레지던스 포트폴리오는 2024년에 제3자 개발자를 위해 $17억의 주거 매출 수익을 생성할 것으로 예상됩니다. ONVIA는 메리어트 본보이의 높은 등급, 우대 요금 및 독점 제공과 같은 혜택을 통해 레지던스 소유자의 경험을 향상시키는 것을 목표로 하고 있습니다. 메리어트의 글로벌 확장에는 유럽, 중동, 아프리카, 아시아 태평양, 미국, 캐나다, 카리브해 및 라틴 아메리카의 새로운 프로젝트가 포함됩니다.
Marriott International (NASDAQ: MAR) annonce une croissance continue de son portefeuille de Résidences de Marque et présente ONVIA, une nouvelle plateforme de reconnaissance des propriétaires. L'entreprise dispose de 138 emplacements résidentiels ouverts et d'un portefeuille de 123 projets, représentant près de 50% de croissance depuis 2019. Marriott propose 16 offres distinctes de marques résidentielles parmi les marques de luxe et premium.
Le portefeuille de résidences de marque de l'entreprise devrait générer 1,7 milliard de dollars de revenus de ventes résidentielles pour des développeurs tiers en 2024. ONVIA vise à améliorer les expériences pour les propriétaires de résidences avec des avantages tels qu'un statut élevé de Marriott Bonvoy, des tarifs préférentiels et des offres exclusives. L'expansion mondiale de Marriott comprend de nouveaux projets en Europe, au Moyen-Orient, en Afrique, en Asie-Pacifique, aux États-Unis, au Canada, dans les Caraïbes et en Amérique latine.
Marriott International (NASDAQ: MAR) kündigt ein kontinuierliches Wachstum seines Markenwohnungen Portfolios an und stellt ONVIA, eine neue Eigentümeranerkennungsplattform, vor. Das Unternehmen hat 138 offene Wohnstandorte und eine Pipeline von 123 Projekten, was einem Wachstum von nahezu 50 % seit 2019 entspricht. Marriott bietet 16 verschiedene Wohnmarken in Luxuskategorie und Premium an.
Das Markenwohnungsportfolio des Unternehmens wird voraussichtlich 1,7 Milliarden US-Dollar an Wohnungsumsatz für Drittentwickler im Jahr 2024 generieren. ONVIA zielt darauf ab, die Erfahrungen für Wohnungsbesitzer durch Vorteile wie erhöhten Marriott Bonvoy Status, bevorzugte Tarife und exklusive Angebote zu verbessern. Die globale Expansion von Marriott umfasst neue Projekte in Europa, dem Nahen Osten, Afrika, dem asiatisch-pazifischen Raum, den Vereinigten Staaten, Kanada, der Karibik und Lateinamerika.
- 138 open residential locations with a strong pipeline of 123 projects
- Nearly 50% growth in open portfolio since year-end 2019
- Forecasted to generate $1.7B in residential sales revenue for third-party developers in 2024
- Launch of ONVIA, a comprehensive Residence Owner recognition platform
- Expansion into new global markets with various branded residence projects
- None.
Strong Developer Value and Elevated Owner Experiences Continue to Fuel Growth for Marriott Branded Residences Portfolio
For nearly 25 years, Marriott International has offered whole-ownership, private branded residences that are consistent with the level of design and service experienced at its renowned hospitality offerings. Leading the branded residential segment, Marriott has grown its open portfolio by nearly 50 percent since year-end 2019, with 138 open residential locations today, and a strong pipeline of 123 projects, representing around 90 percent growth on its existing footprint.
With 16 distinct residential brand offerings, Marriott's portfolio of branded residences provides an expansive array of lifestyle and location choices across both luxury and premium brands, such as The Ritz-Carlton, St. Regis, JW Marriott, Autograph Collection, EDITION, and W Hotels. The company's branded residence portfolio includes both co-located projects with a hotel of the same brand, and standalone properties, which comprise nearly 25 percent of open and pipeline projects.
"Since Marriott opened its first branded residence property in 2000, we have seen the space continuously grow and evolve in exciting ways, expanding opportunities for developers, brands and residents," said Dana Jacobsohn, Marriott International Chief Development Officer,
Strong Value Proposition for Developers
Marriott Branded Residences offer development licensees a unique opportunity to generate added value with the world's largest hospitality and branded residences company. Developers benefit from buyer confidence driven by Marriott's renowned hospitality expertise, powerful brands, and long-term agreements. The Marriott Branded Residences portfolio is forecasted to generate
- Strong brand affinity and buyer confidence from potential Residence Owners across Marriott Bonvoy® portfolio
- Dedicated team of residential experts providing support across development, operations, sales and marketing
- Expert technical services and pre-opening guidance
- Support from best-in-class global design team and established partnerships with some of the world's most preeminent design firms
- Seamless integration with hotel systems and programs with co-located projects
Elevated Experiences and Extraordinary Owner Benefits
Earlier this month, Marriott announced the launch of ONVIA, the company's fully integrated and comprehensive Residence Owner recognition platform. The platform is designed to elevate experiences for Residence Owners, whether they are staying at a Marriott Bonvoy hotel, taking in the views aboard The Ritz-Carlton Yacht Collection, or enjoying their day-to-day life while in Residence.
"We understand that Marriott Branded Residences Owners are not only purchasing a unique and beautiful home, but they're also buying into a lifestyle and brand promise. To enhance our Owner experience, we recently launched ONVIA, Marriott's integrated and comprehensive Owner recognition platform," said John Hearns, Marriott International Senior Vice President, Global Residential Operations. "ONVIA is designed to not only build on the current Residence Owner benefits, but also introduce a host of additional offerings that have been specifically tailored for Residence Owners."
Following years of extensive research and listening to Residence Owners and developers, Marriott is confident the fully integrated program provides world-class, exclusive offerings, including, but not limited to:
- Elevated Marriott Bonvoy status for Residence Owners
- Preferred Residence Owner rates for select hotels within the global Marriott Bonvoy portfolio
- Special offerings and preferred access on voyages with The Ritz-Carlton Yacht Collection
- Exclusive offers on culinary experiences when at home and within the local community
- A focus on wellness, including spa and treatment offerings
- Access to a world-class accredited concierge service
Marriott Branded Residences Portfolio Grows Globally
Consumer demand has fueled Marriott's expansion of its branded residences portfolio to exciting and growing markets around the world. The company recently announced new open and pipeline projects in:
- The St. Regis Residences,
Cairo, Egypt - The Residences at The St. Regis Al Mouj Muscat Resort
- The Ritz-Carlton Residences, Limassol,
Cyprus - The Ritz-Carlton Residences
Dubai , Creekside - The Residences at The St. Regis Belgrade
- Nujuma, a Ritz-Carlton Reserve Residence
- The Ritz-Carlton Residences, Diriyah,
Riyadh - The Lucan, an Autograph Collection Residence,
London - The Ritz-Carlton Residences,
Baku - Marriott Residences Al Barsha South,
Dubai - W Residences Manchester
- The Ritz-Carlton Residences,
Hanoi - JW Marriott Residences Jeju
- Marriott Residences Grand Marina
,Saigon - JW Marriott Residences Grand Marina Saigon
- The Residences at The St. Regis Jakarta
- JW Marriott Residences Panglao Island
- The Residences at The Tokyo EDITION, Toranomon
- Marriott Residences Penang
- W Residences Singapore – Marina View
- The Residences at Arbora, a Luxury Collection Resort & Spa, Quangnam,
Da Nang
- The Ritz-Carlton Residences,
The Woodlands - The Ritz-Carlton Residences,
Portland - The Ritz-Carlton Residences, Boston South Station Tower
- The Ritz-Carlton Residences, Newport Beach
- The St. Regis Residences,
Houston - The St. Regis Residences,
Boston - EDITION Residences, Miami Edgewater
- The Residences at The EDITION Nashville
- The St. Regis Residences,
Sunny Isles Beach - The St. Regis Residences,
Miami - Hotel Bozeman, Autograph Collection Residences
- Renaissance Residences Honolulu
- The Ritz-Carlton Residences, Predator Ridge
- The Ritz-Carlton Residences, Riviera Maya
- The Residences at The St. Regis Costa Mujeres Resort
- The Residences at The St. Regis Kanai Resort
- Nekajui, a Ritz-Carlton Reserve Residence
- Siari, a Ritz-Carlton Reserve Residence
- The Residences at The St. Regis Cap Cana Resort
- The Residences at The St. Regis Los Cabos Resort
- W Residences Sao Paulo
- El Mangroove Autograph Collection Residences
Note on Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of
About Marriott International
Marriott International, Inc. (Nasdaq: MAR) is based in
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SOURCE Marriott International, Inc.
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