Homes & Villas by Marriott International is a home rental initiative offering 2,000 premium and luxury homes located in over 100 destinations throughout the United States, Europe, the Caribbean and Latin America.
"The launch of Homes & Villas by Marriott International reflects our ongoing commitment to innovation as consumer travel needs evolve," said Stephanie Linnartz, global chief commercial officer, Marriott International. "What started out as a pilot a year ago is now a global offering, providing our guests with the space and amenities of a home backed by a trusted travel company, and the very best in loyalty benefits."
Marriott's expansion into home rentals was developed as a result of the 2018 pilot under the brand extension Tribute Portfolio Homes. Of the guests who booked a home during the pilot, which was only available in select European cities, nearly 90 per cent were members of Marriott's Bonvoy rewards scheme and over three-quarters were travelling for leisure with family and friends. During the pilot, the average guest stay was more than triple the typical hotel stay.
These insights, along with "Marriott's commitment to providing travellers with unique and different accommodations including spacious homes with one or more bedrooms, large kitchens, in-unit laundry and more, played an important role in guiding the selection of luxury and premium homes, as well as the key leisure markets available at launch that complement the core offerings of Marriott's hotel portfolio".
Marriott says it is launching Homes & Villas by Marriott International with "select property management companies that are already managing these homes". These trusted property management companies provide guests a professionally cleaned home with 24/7 support, high speed wi-fi, premium linens and amenities, and family-friendly conveniences upon request.
At launch, the property management companies selected by Marriott include TurnKey Vacation Rentals, LaCure, Loyd & Townsend Rose, Veeve, London Residents Club as well as current hotel owners and operators like Mainsail Lodging and Reserva Conchal. Over time, Marriott expects to introduce Homes & Villas by Marriott International in additional markets as well as increase the number of homes offered in these launch destinations.
"Our approach to home rentals allows us to curate an incredible collection of homes that deliver an elevated travel experience," said Jennifer Hsieh, vice president, Homes & Villas by Marriott International. "By working with a select group of professional management companies that understand and operate in this dynamic landscape, we are able to focus on what we do best - selecting a breadth of homes in inspiring destinations, setting standards for responsive service and designing a seamless booking experience that helps our guests navigate an increasingly complex and uncertain set of home rental choices."