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

USNon-USTotal
2007[7]Properties     528     18     546
Rooms62,8052,61165,416
2008[8]Properties     555     18     573
Rooms66,2522,66568,917
2009[9]Properties     591     17     608
Rooms70,9952,41773,412
2010[10]Properties     595     18     613
Rooms71,5712,55974,130
2011[11]Properties     597     20     617
Rooms72,0762,79174,867
2012[12]Properties     602     23     625
Rooms72,6423,22975,871
2013[13]Properties     629     24     653
Rooms76,0563,34979,405
2014[14]Properties     648     27     675
Rooms78,5183,64582,163

From 2015

North
America
EuropeMiddle E.
& Africa
Asia &
Pacific
Caribbean
Latin Am.
Total
2015[15]Properties     690     3     3     1     697
Rooms84,412307     301     10985,129
2016[16]Properties     726     3     3     2     734
Rooms89,065307     301     24989,922
2017[17]Properties     750     5     3     2     760
Rooms92,637520     301     24993,707
2018[18]Properties     789     9     3     2     803
Rooms97,3351,196     301     24999,081
2019[19]Properties     833     12     3     2     850
Rooms103,0381,477     301     249105,065
2020[20]Properties     854     13     3     4     874
Rooms105,2731,569     294     544107,680
2021[21]Properties     846     17     6     7     876
Rooms104,1671,975     983     982108,107
2022[22]Properties     849     21     7     8     885
Rooms104,4632,4081,117     1,213109,201

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.
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