First apartment-style property opening in December giving vacationers extra keep choices throughout the Marriott Bonvoy portfolio.
Only one yr after saying its intention to increase its presence into premium and luxurious apartment-style lodging, Marriott Worldwide, Inc., (Nasdaq:MAR) has begun taking reservations for its first Residences by Marriott Bonvoy™ property. Casa Costera, Isla Verde, Residences by Marriott Bonvoy in San Juan, Puerto Rico is predicted to open its doorways within the coming weeks.
Positioned within the Isla Verde neighborhood of San Juan, the 107-unit property boasts a rooftop pool with views of the ocean and mountains and is steps from the seashore. It is a perfect location for leisure and company vacationers and may open simply in time for prime season to accommodate vacationers in search of hotter climates throughout the winter months.
Residences by Marriott Bonvoy sits throughout the premium and luxurious segments. It’s distinguished from Marriott’s present extended-stay manufacturers with distinctly designed properties incorporating refined design and décor parts that mirror the native neighborhood for unbiased vacationers in search of more room and residential facilities.
The everyday Residences by Marriott Bonvoy unit affords non-public bedrooms, a separate front room, full kitchen, and washer/dryer. A 24-hour gymnasium permits company to keep up their wellness routines. Designed for a very unbiased keep, Residences by Marriott Bonvoy doesn’t present conventional resort providers equivalent to meals and beverage, assembly areas or each day housekeeping.
Marriott Bonvoy members will earn 5 Marriott Bonvoy Factors per $1 USD on qualifying spend at Residences by Marriott Bonvoy properties and so they can redeem factors for a qualifying keep. As well as, members will earn one Elite Evening Credit score per evening. Members will take pleasure in free Wi-Fi and unique member charges, in addition to extra advantages primarily based on their standing degree, together with enhanced room upgrades and Ambassador service.
Amongst builders, the providing is producing great curiosity from resort homeowners and franchisees who need to diversify their portfolios in addition to multi-family residential builders in search of to make the most of Marriott’s trusted title and highly effective platforms, together with Marriott Bonvoy, the corporate’s award-winning journey program with 192 million members. In 2024, extra Residences by Marriott Bonvoy properties are anticipated to open in markets together with the U.S. and Canada, and Europe, and the Center East.
Residences by Marriott Bonvoy is an adaptable model that gives residential and resort builders the choice to transform an present apartment-style constructing, as with the San Juan property, pursue a brand new construct, or be a part of a multi-use constructing during which the Residences by Marriott Bonvoy element would have its personal devoted foyer, providers, and facilities.
Vacationers can be taught extra and guide Residences by Marriott Bonvoy on its web site. Builders enthusiastic about exploring apartment-style initiatives with Residences by Marriott Bonvoy can be taught extra on the corporate’s growth web site.
Be aware on forward-looking statements:
This press launch comprises “forward-looking statements” throughout the which means of federal securities legal guidelines, together with statements associated to anticipated property openings; the model’s development prospects; demand traits and expectations; expectations relating to development in buyer loyalty; anticipated advantages for homeowners and franchisees; and related statements regarding anticipated future occasions and expectations that aren’t historic information. We warning you that these statements aren’t ensures of future efficiency and are topic to quite a few evolving dangers and uncertainties that we might not have the ability to precisely predict or assess, together with the chance components that we describe in our Securities and Change Fee filings, together with our most up-to-date Annual Report on Kind 10-Okay or Quarterly Report on Kind 10-Q. Any of those components may trigger precise outcomes to vary materially from the expectations we specific or suggest on this press launch. We make these forward-looking statements as of the date of this press launch and undertake no obligation to publicly replace or revise any forward-looking assertion, whether or not because of new data, future occasions, or in any other case.
Casa Costera, Isla Verde, Residences by Marriott Bonvoy
7 C. Gardenia
Carolina, 00979
Puerto Rico
