Marriott Expands Apartments with Properties Signed in Italy, USA and Saudi Arabia

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(19/02/24)
 Marriott has signed development agreements to
expand its new Apartments by Marriott Bonvoy brand in the United States, Italy and the Kingdom
of Saudi Arabia.

The very first Apartments by Marriott Bonvoy
property –  Casa Costera, Isla Verde Beach – recently opened
in San Juan, Puerto Rico.

“Marriott is thrilled to bring Apartments by
Marriott Bonvoy to our development community around the world,”
said Marriott International Chief Financial Offer and EVP,
Development Leeny Oberg. “This new, compelling offering provides
residential and hotel developers an excellent value proposition
for new builds and conversion opportunities. As guests are
increasingly blending work, personal and family travel, they are
looking for a distinct and locally inspired solution to meet their
longer-stay needs.”

All Apartments by Marriott Bonvoy will feature a private bedroom, separate living room, full kitchen and in-unit washer and dryer.

No matter their length of stay,
guests can expect private bedrooms, a separate living room, full
kitchen and in-unit washer and dryer to make them feel right at
home.

From an owner perspective, Apartments by Marriott
Bonvoy provides residential and hotel developers the option
to convert an existing building, pursue a new-build, or integrate
as part of a multi-use property with a dedicated welcome lounge,
outdoor space, and other amenities.

United
States

An agreement was recently signed with
Roxbury Group for an Apartments by Marriott Bonvoy in Detroit,
Michigan. Anticipated to open Q3 2024, the property is a
conversion of The Plaza Apartments in Midtown Detroit, centrally
located in the hub of the city. With approximately 92 units, this
location will also have a 500 sqft fitness center and sits atop
two restaurant outlets.

A project has also been signed with Midas
Hospitality, a longtime owner and operator of Marriott properties,
for an Apartments by Marriott Bonvoy in St. Louis, Missouri. This
50-unit property will be co-located with a new Sheraton Hotel in
downtown St. Louis and will feature a dedicated hotel entry,
welcome lounge and check-in. Guests will be able to take advantage
of the hotel’s services and amenities.

Italy

In Courmayeur, Aosta Valley, Italy, Marriott signed
an agreement with Castello Sgr, an asset management company, to open Le Géant, an Apartments by
Marriott Bonvoy property. Paving the way for a new type of
development project, the property is anticipated to have 47
units, each offering sizeable living spaces with locally-inspired
design.

NEOM, Kingdom of Saudi Arabia

An agreement has also been signed with NEOM to bring
Apartments by Marriott Bonvoy to the luxury island destination Sindalah on the northwest coast of Saudi Arabia.

This Apartments
by Marriott Bonvoy offering, marking the fourth collaboration
between Marriott and NEOM on Sindalah, is expected to open later
this year and will feature 218 units including studios and one, two and
three-bedroom apartment-style units, all equipped with a separate
living room, full kitchen, and in-unit washer and dryer. The
property is also slated to offer a gym and swimming pool.

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