Residence Inn by Marriott
IndustryExtended stay hotels
Founded1975
Number of locations
874 (2021)
Area served
Worldwide
ParentMarriott International
Websitehttp://www.residenceinn.marriott.com/

Residence Inn by Marriott is a brand of extended stay hotels. As of June 1, 2021, 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

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]

Residence Inn's former logo used from 2003 until 2018.

Accommodations

Historical

US Non-US Total
2007[7] Properties      528      18      546
Rooms 062,805 02,611 065,416
2008[8] Properties      555      18      573
Rooms 066,252 02,665 068,917
2009[9] Properties      591      17      608
Rooms 070,995 02,417 073,412
2010[10] Properties      595      18      613
Rooms 071,571 02,559 074,130
2011[11] Properties      597      20      617
Rooms 072,076 02,791 074,867
2012[12] Properties      602      23      625
Rooms 072,642 03,229 075,871
2013[13] Properties      629      24      653
Rooms 076,056 03,349 079,405
2014[14] Properties      648      27      675
Rooms 078,518 03,645 082,163

From 2015

North
America		 Europe Middle E.
& Africa		 0Asia &0
Pacific		 Caribbean
Latin Am.		 Total
2015[15] Properties      690      03      03      001      697
Rooms 084,412 00307      301      0109 085,129
2016[16] Properties      726      03      03      002      734
Rooms 089,065 00307      301      0249 089,922
2017[17] Properties      750      05      03      002      760
Rooms 092,637 00520      301      0249 093,707
2018[18] Properties      789      09      03      002      803
Rooms 097,335 01,196      301      0249 099,081
2019[19] Properties      833      12      03      002      850
Rooms 103,038 01,477      301      0249 105,065
2020[20] Properties      854      13      03      004      874
Rooms 105,273 01,569      294      0544 107,680
2021[21] Properties      846      17      06      007      876
Rooms 104,167 01,975      983      0982 108,107
2022[22] Properties      849      21      07      008      885
Rooms 104,463 02,408 01,117      1,213 109,201

Gallery

References

  1. ^ "Residence Inn". Marriott Hotels Development.
  2. ^ Now and then: The history of Residence Inn
  3. ^ "Jack DeBoer (1931-2021)".
  4. ^ Now and then: The history of Residence Inn
  5. ^ Now and then: The history of Residence Inn
  6. ^ "Jack DeBoer (1931-2021)".
  7. ^ "2007 Annual Report". www.marriott.gcs-web.com. p. 26.
  8. ^ "2008 Annual Report". www.marriott.gcs-web.com. p. 22.
  9. ^ "2009 Annual Report". www.marriott.gcs-web.com. p. 19.
  10. ^ "2010 Annual Report". www.marriott.gcs-web.com. p. 18.
  11. ^ "2011 Annual Report". www.marriott.gcs-web.com. p. 19.
  12. ^ "2012 Annual Report". www.marriott.gcs-web.com. p. 22.
  13. ^ "2013 Annual Report". www.marriott.gcs-web.com. p. 20.
  14. ^ "2014 Annual Report". www.marriott.gcs-web.com. p. 17.
  15. ^ "2015 Annual Report". www.marriott.gcs-web.com. p. 5.
  16. ^ "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
  17. ^ "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
  18. ^ "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
  19. ^ "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
  20. ^ "2020 Annual Report". www.marriott.gcs-web.com. p. 8.
  21. ^ "2021 Annual Report". www.marriott.gcs-web.com. p. 7.
  22. ^ "2022 Annual Report". www.marriott.gcs-web.com. p. 7.

External links

Marriott International
Hotel chains
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