As a result of covid, Marriott's 2020 revPAR declined 60% and 2021 revPAR reached just 64% of 2019 levels. Then 2022 revPAR reached mid-90% of 2019 levels as travel demand broadened to business and ...

Marriott boss Anthony Capuano outlined his vision to transform the company from a traditional hotel group into an ...

In the past few years, Marriott has added several new brands, which support our constructive stance along with a favorable next-generation traveler position. In fact, recent brands StudioRes ...

Marriott is also growing its portfolio of branded residences: in 2024, it boasted 142 open residential locations and 138 in development. New residences in development include Almare, a Luxury ...

In the past year, Marriott launched the StudioRes brand for extended-stay guests — which will be a bit cheaper per night than its TownePlace Suites and Residence Inn brands for long-stay guests.

With record annual signings, the company ended 2024 with 3,766 properties (577,265 rooms) in the development pipeline.

Plans for an Autozone, a Marriott StudioRes and a Circle K are all in the works along the corridor near the property. The town plans to connect commercial businesses along U.S. 17 with a ...