Marriott’s Residence Inn brand to double European portfolio in 2017

George Sell By George Sell
27 March 2017 | Updated 28 March 2017

UK: Marriott International has announced the signing of two properties in London, which with openings in Amsterdam and Aberdeen will double the brand’s European portfolio.

The opening of Residence Inn London - London Bridge expected in Q2 2017 will mark the debut of the extended stay brand in London, and Residence Inn London - Kensington will follow in Q4.
 
Both properties, owned by a controlled affiliate of Starwood Capital Group, will be operated under a franchise agreement with Cycas Hospitality - London's second largest operator of serviced apartment and aparthotels.
 
Located on Long Lane in Southwark, Residence Inn London - London Bridge will offer 87 suites, while Residence Inn London - Kensington will be situated on Warwick Road in Earls Court, with 307 suites.
 
Both properties are remodelled serviced apartments, formerly part of the Think Apartments portfolio. They will feature fully functional kitchens, grocery delivery service, fitness facilities, 24-hour markets, complimentary breakfasts and free Wi-Fi throughout.
 
Carlton Ervin, chief development officer Europe, Marriott International, said: "Residence Inn is already the global leader in the extended-stay lodging segment, and we're excited that 2017 is set to be a pivotal year for the brand in Europe. We see these latest signings as a fantastic opportunity to grow the brand in such a strategic global destination, and we're excited to be working with Cycas Hospitality, which has a strong history of hospitality expertise."
 
John Wagner, founding partner of Cycas Hospitality, said: "We are thrilled to welcome the world-class Residence Inn brand to the extended-stay sector in London and to our own expanding hotel portfolio.  We look forward to creating memorable moments for all our guests visiting these two new Residence Inn properties. Delivering a first-rate guest experience is in the DNA of all our Cycas Hospitality staff and we have an excellent track record to prove it."
 
The two London properties will be joined by new openings expected in Aberdeen and Amsterdam, growing the European portfolio from three to seven hotels. The four additions planned for 2017 will see almost 600 rooms added to the Residence Inn portfolio, and there are a further eight properties anticipated by the end of 2019.

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