In the present day, Marriott Worldwide (NASDAQ: MAR) introduced Properties & Villas by Marriott Worldwide, a house rental initiative providing 2,000 premium and luxurious houses positioned in over 100 locations all through the US, Europe, the Caribbean and Latin America. Beginning subsequent week when the providing launches, we anticipate members of Marriott Bonvoy can earn and redeem factors at these highly-curated houses, offering much more alternative of lodging that swimsuit a spread of journey wants world wide.
“The launch of Properties & Villas by Marriott Worldwide displays our ongoing dedication to innovation as shopper journey wants evolve,” stated Stephanie Linnartz, International Chief Industrial Officer, Marriott Worldwide. “What began out as a pilot a yr in the past is now a worldwide providing, offering our friends with the house and facilities of a house backed by a trusted journey firm, and the perfect in loyalty advantages.”
Marriott’s growth into house leases was developed on account of the 2018 pilot beneath the model extension Tribute Portfolio Properties. Of the friends who booked a house in the course of the pilot, which was solely obtainable in choose European cities, practically 90 p.c had been members of Marriott Bonvoy and over three-quarters had been touring for leisure with household and associates. In the course of the pilot, the typical visitor keep was greater than triple the everyday lodge keep. These insights, together with Marriott’s dedication to offering vacationers with distinctive and totally different lodging together with spacious houses with a number of bedrooms, massive kitchens, in-unit laundry and extra, performed an vital function in guiding the choice of luxurious and premium houses, in addition to the important thing leisure markets obtainable at launch that complement the core choices of Marriott’s lodge portfolio.
Luxurious & Premium Choices
The introduction of Properties & Villas by Marriott Worldwide provides practically 40 new leisure locations for Marriott Bonvoy members to earn and redeem factors, together with Sorrento, Italy and the Amalfi Coast, Italy; North Lake Tahoe, California; and St. Barts within the Caribbean. This curated choice of houses goals to attach vacationers to hundreds of rental properties world wide and units the stage for friends’ most treasured journey moments – home-cooked dinners with prolonged household, garden video games within the yard or celebrating a milestone birthday with household and associates. Properties embody:
A four-bedroom cottage on six non-public acres of California wine nation.
A six bed room villa in Sorrento, Italy with an infinity pool overlooking the Mediterranean Sea and a wood-fire pizza oven.
An oceanfront villa in Anguilla with non-public seaside and a private butler and home workers.
A 18th century Irish Citadel that sleeps 17 and encompasses a non-public lake for boating and fishing.
A six-bedroom townhouse in London with a kids’s playroom and climbing wall.
Marriott is launching Properties & Villas by Marriott Worldwide with choose property administration firms which are already managing these houses. These trusted property administration firms present friends a professionally cleaned house with 24/7 assist, excessive pace Wi-Fi, premium linens and facilities, and family-friendly conveniences upon request. At launch, the property administration firms chosen by Marriott embody TurnKey Trip Leases, LaCure, Loyd & Townsend Rose, Veeve, London Residents Membership in addition to present lodge homeowners and operators like Mainsail Lodging, and Reserva Conchal. Over time, Marriott expects to introduce Properties & Villas by Marriott Worldwide in extra markets in addition to improve the variety of houses supplied in these launch locations.
“Our strategy to house leases permits us to curate an unimaginable assortment of houses that ship an elevated journey expertise,” stated Jennifer Hsieh, Vice President, Properties & Villas by Marriott Worldwide. “By working with a choose group {of professional} administration firms that perceive and function on this dynamic panorama, we’re capable of concentrate on what we do greatest – choosing a breadth of houses in inspiring locations, setting requirements for responsive service and designing a seamless reserving expertise that helps our friends navigate an more and more advanced and unsure set of house rental selections.”
Methods to Ebook
Beginning subsequent week, we anticipate vacationers can search and e-book houses on the Properties & Villas by Marriott Worldwide web site – www.homesandvillasbymarriott.com. At the moment, vacationers looking out on Marriott.com for lodging for three-plus nights in markets the place house stock exists will see hyperlinks to Properties & Villas by Marriott Worldwide, selling house leases as an providing to satisfy their wants. Marriott is within the means of figuring out the way it will promote Properties & Villas by Marriott Worldwide by different channels, together with the Marriott Bonvoy app and journey advisors, and can present an replace within the close to future.
Marriott Bonvoy
Members of Marriott Bonvoy, the brand new identify of the journey program changing Marriott Rewards, Starwood Most well-liked Visitor and The Ritz-Carlton Rewards, will have the ability to earn and redeem factors for each Properties & Villas by Marriott Worldwide keep. In the present day, Marriott Bonvoy members can earn factors at Marriott’s 29 lodge manufacturers together with The St. Regis, The Ritz-Carlton, W Lodges, JW Marriott, Westin Lodges, Marriott Lodges, Courtyard by Marriott, Moxy Lodges, Tribute Portfolio, Version, Component, AC Lodges and others. Similar to with Marriott’s lodging manufacturers, members could have a option to pay with both money or factors when reserving. Different advantages for loyalty members staying at Properties & Villas by Marriott Worldwide embody:
Members will earn factors primarily based on the identical standards as Marriott’s lengthy keep lodge manufacturers – 5 factors for every $1 spent
Members can be eligible for Bonus factors primarily based on Elite standing
Eligible members will obtain an Elite Welcome Reward of particular facilities or factors
Members can use the factors they earn on redemption stays in any respect collaborating accommodations world wide, in addition to experiences solely obtainable on Marriott Bonvoy Moments.
Marriott Bonvoy Moments
Properties & Villas by Marriott Worldwide would be the setting for experiences solely obtainable to members through the use of their factors on Marriott Bonvoy Moments. This platform supplies members with entry to greater than 8,000 unique experiences that faucet into their passions for sports activities, music, culinary or the humanities. The Moments developed along side Properties & Villas by Marriott Worldwide will amplify the memory-making occasions and actions that happen in houses world wide like sport nights, connoisseur cooking, yard sports activities, BBQs and extra. Moreover, by Marriott Bonvoy Excursions & Actions, anybody can uncover and e-book attraction tickets and excursions in over 1,000 world locations. All 120,000 of those experiences will be booked utilizing a bank card. Members will earn factors on every buy.
Notice on forward-looking statements: This communication incorporates “forward-looking statements” inside the which means of U.S. federal securities legal guidelines, together with the quantity and placement of houses and villas that could be added on this and future years, and related statements regarding potential future occasions or expectations that aren’t historic details. We warning you that these statements will not be ensures of future efficiency and are topic to quite a few dangers and uncertainties, together with adjustments in market situations; adjustments in world and regional economies; provide and demand adjustments for lodge rooms and residential leases; aggressive situations within the lodging trade and the house rental trade; relationships with shoppers and property homeowners; and different danger components that the corporate identifies in its most up-to-date annual report on Kind 10-Okay and quarterly report on Kind 10-Q. Any of those components might trigger precise outcomes to vary materially from the expectations we specific or suggest on this communication. We make these forward-looking statements as of the date of this communication, and undertake no obligation to publicly replace or revise any forward-looking assertion, whether or not on account of new info, future occasions or in any other case.

ContactDan FormanMarriott RewardsPhone: +1 301 380 8898Ship E-mail

About Marriott Worldwide, Inc.
Marriott Worldwide, Inc. (NASDAQ: MAR) relies in Bethesda, Maryland, USA, and encompasses a portfolio of greater than 7,000 properties in 30 main lodge manufacturers spanning 130 international locations and territories. Marriott operates and franchises accommodations and licenses trip possession resorts all world wide. The corporate now affords one journey program, Marriott BonvoyTM, changing Marriott Rewards®, The Ritz-Carlton Rewards®, and Starwood Most well-liked Visitor®(SPG). For extra info, please go to our web site at www.marriott.com, and for the most recent firm information, go to www.marriottnewscenter.com. As well as, join with us on Fb and @MarriottIntl on Twitter and Instagram.