Residence Inn by Marriott
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Industry | Extended stay hotels |
---|---|
Founded | 1975 |
Number of locations | 874 (2021) |
Area served | Worldwide |
Parent | Marriott International |
Website | residenceinn.marriott.com |
Residence Inn by Marriott is a brand of extended stay hotels. As of June 1, 2021[update], there were 874 Residence Inn hotels in the United States, Canada and Mexico with 107,680 rooms, plus an additional 243 hotels with 30,417 rooms in the development pipeline.[1]
History
[edit]The chain traces its roots back to in 1975, when Wichita, Kansas developer Jack DeBoer found himself with apartment properties that were facing unusually high vacancy rates. He repurposed one of the apartment buildings, converting the residential units to monthly rentals, and named it The Residence.[2]
In 1981, DeBoer and developer Robert L. Brock (then the largest franchisee of Holiday Inn), formed a joint venture, launching a chain called The Residence Inn. The hotels focused on the "extended-stay" market, a term they invented.[3] The hotels were aimed at guests staying five nights or more, who would not need conventional daily hotel maid service, which reduced operational costs. Their guests were mostly business travelers on lengthy work assignments, patients of nearby hospitals, and those in need of temporary housing.[4]
In January 1985, Holiday Corporation, the parent company of Holiday Inn, bought a 50% stake in The Residence Inn chain. In early 1987, DeBoer bought back Holiday's interest in the chain, before selling the entire company to Marriott International on July 7, 1987.[5] Although DeBoer died in 2021, the original Wichita property is still operated by his company, under the WaterWalk brand.[6]
Accommodations
[edit]![](http://upload.wikimedia.org/wikipedia/commons/thumb/d/dc/Residence_Inn_Marriott_-_Hillsboro%2C_Oregon.jpg/220px-Residence_Inn_Marriott_-_Hillsboro%2C_Oregon.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/Residence_Inn_by_Marriott%2C_Gaines_St%2C_Tallahassee.jpg/220px-Residence_Inn_by_Marriott%2C_Gaines_St%2C_Tallahassee.jpg)
Historical
[edit]US | Non-US | Total | |||
---|---|---|---|---|---|
2007[7] | Properties | 528 | 18 | 546 | |
Rooms | 62,805 | 2,611 | 65,416 | ||
2008[8] | Properties | 555 | 18 | 573 | |
Rooms | 66,252 | 2,665 | 68,917 | ||
2009[9] | Properties | 591 | 17 | 608 | |
Rooms | 70,995 | 2,417 | 73,412 | ||
2010[10] | Properties | 595 | 18 | 613 | |
Rooms | 71,571 | 2,559 | 74,130 | ||
2011[11] | Properties | 597 | 20 | 617 | |
Rooms | 72,076 | 2,791 | 74,867 | ||
2012[12] | Properties | 602 | 23 | 625 | |
Rooms | 72,642 | 3,229 | 75,871 | ||
2013[13] | Properties | 629 | 24 | 653 | |
Rooms | 76,056 | 3,349 | 79,405 | ||
2014[14] | Properties | 648 | 27 | 675 | |
Rooms | 78,518 | 3,645 | 82,163 |
From 2015
[edit]North America | Europe | Middle E. & Africa | Pacific | Asia &Caribbean Latin Am. | Total | |||
---|---|---|---|---|---|---|---|---|
2015[15] | Properties | 690 | 3 | 3 | 1 | 697 | ||
Rooms | 84,412 | 307 | 301 | 109 | 85,129 | |||
2016[16] | Properties | 726 | 3 | 3 | 2 | 734 | ||
Rooms | 89,065 | 307 | 301 | 249 | 89,922 | |||
2017[17] | Properties | 750 | 5 | 3 | 2 | 760 | ||
Rooms | 92,637 | 520 | 301 | 249 | 93,707 | |||
2018[18] | Properties | 789 | 9 | 3 | 2 | 803 | ||
Rooms | 97,335 | 1,196 | 301 | 249 | 99,081 | |||
2019[19] | Properties | 833 | 12 | 3 | 2 | 850 | ||
Rooms | 103,038 | 1,477 | 301 | 249 | 105,065 | |||
2020[20] | Properties | 854 | 13 | 3 | 4 | 874 | ||
Rooms | 105,273 | 1,569 | 294 | 544 | 107,680 | |||
2021[21] | Properties | 846 | 17 | 6 | 7 | 876 | ||
Rooms | 104,167 | 1,975 | 983 | 982 | 108,107 | |||
2022[22] | Properties | 849 | 21 | 7 | 8 | 885 | ||
Rooms | 104,463 | 2,408 | 1,117 | 1,213 | 109,201 | |||
2023[23] | Properties | 861 | 27 | 7 | 8 | 903 | ||
Rooms | 105,911 | 3,205 | 1,117 | 1,213 | 111,446 |
References
[edit]- ^ "Residence Inn". Marriott Hotels Development.
- ^ Now and then: The history of Residence Inn
- ^ "Jack DeBoer (1931-2021)".
- ^ Now and then: The history of Residence Inn
- ^ Now and then: The history of Residence Inn
- ^ "Jack DeBoer (1931-2021)".
- ^ "2007 Annual Report". www.marriott.gcs-web.com. p. 26.
- ^ "2008 Annual Report". www.marriott.gcs-web.com. p. 22.
- ^ "2009 Annual Report". www.marriott.gcs-web.com. p. 19.
- ^ "2010 Annual Report". www.marriott.gcs-web.com. p. 18.
- ^ "2011 Annual Report". www.marriott.gcs-web.com. p. 19.
- ^ "2012 Annual Report". www.marriott.gcs-web.com. p. 22.
- ^ "2013 Annual Report". www.marriott.gcs-web.com. p. 20.
- ^ "2014 Annual Report". www.marriott.gcs-web.com. p. 17.
- ^ "2015 Annual Report". www.marriott.gcs-web.com. p. 5.
- ^ "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
- ^ "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
- ^ "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
- ^ "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
- ^ "2020 Annual Report". www.marriott.gcs-web.com. p. 8.
- ^ "2021 Annual Report". www.marriott.gcs-web.com. p. 7.
- ^ "2022 Annual Report". www.marriott.gcs-web.com. p. 7.
- ^ "2023 Annual Report". www.marriott.gcs-web.com. p. 7.