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Marriott International Celebrates Outstanding 25-Year Leadership in Branded Residences with Around 300 Projects in Open & Pipeline Portfolio

Marriott bolsters industry’s largest residential portfolio with several signed agreements in desirable destinations around the world.


Today, Marriott International, Inc. (Nasdaq: MAR), the industry leader in branded residential development, announces signed agreements in: Detroit, Michigan; Muskoka, Canada; Gulf of Papagayo, Guanacaste, Costa Rica; and Jeddah, Saudi Arabia; bringing the Marriott Branded Residences total open and pipeline portfolio to around 300 projects.


Celebrating its 25th year as leading in branded residences, Marriott continues to capitalize on outstanding momentum with strong portfolio growth. The largest branded residential company globally, the company’s open and pipeline residential portfolio spans 17 brands and 50 countries and territories.


A pioneer in the segment, the Marriott Branded Residences portfolio has generated $7.2B in residential sales revenue for third-party developers in the last five years. In that same time period, the company has grown its residential portfolio by approximately 60 percent, with plans to more than double its existing portfolio in the coming years.


“In the past 25 years, Marriott International has taken our branded residential portfolio to new heights. As we continue striving to meet expanding and dynamic hospitality interests, we are proud to work with best-in-class developers and designers to create unrivaled residential properties and amenities that resonate with homeowners,” said Dana Jacobsohn, Chief Development Officer, North America Luxury Brands and Global Mixed-Use. “With plans to more than double our portfolio in the coming years, these recently signed agreements are perfect examples of the outstanding caliber of properties and locations we’re bringing to market.”


Starting with The Ritz-Carlton Residences, Washington, D.C., which opened in 2000 as the company’s first branded residences, each Marriott Branded Residence is meticulously designed to provide an elevated lifestyle and curate a deep sense of community for residents. To help deliver on that promise, Marriott offers Residence Owners access to Onvia, the company’s fully integrated ownership recognition platform that opens up exclusive access to offerings such as elevated Marriott Bonvoy® Status, preferred Owner rates for select hotels, special culinary experiences, preferred access with The Ritz-Carlton Yacht Collection, and more. As a result of the dedication and service provided to residents, Marriott also recently became the first-ever hospitality company to receive official accreditation from the Accredited Association Management Company.


“Our 14,000 Residence Owners choose to live with our brands because they know they can expect the best of the best. With nearly 100 years of hospitality expertise and 25 years in branded residences, Marriott is well-positioned to deliver world-class lifestyle experiences at every residential property,” said John Hearns, Senior Vice President, Global Residential Operations. “Dedicated to cultivating a true sense of belonging for residents, our property associates bring warmth and attention to detail into everything they do, and I couldn’t be prouder of the beautiful communities we’ve created for our residents.”


The Residences at The Detroit EDITION: Marriott and Bedrock have announced a partnership to unveil The Residences at The Detroit EDITION, bringing the world-renowned EDITION brand to Detroit. Located in the heart of downtown, the authentically designed luxury residences are reflective of the developer’s passion and commitment to building momentum in the city. The residential component of the project is anticipated to comprise 97 units, each embodying the EDITION brand’s best-in-class design, service, amenities and entertainment, all under one roof. The introduction of the EDITION brand to the Midwest demonstrates the growing interest for luxury lifestyle options. Today, the EDITION brand has 4 open residential properties globally, with 7 in the pipeline.


The Ritz-Carlton Residences, Muskoka: Offering an opportunity to live on waterfront property on a forested private island, The Ritz-Carlton Residences, Muskoka are nestled within one of Canada’s most storied and naturally beautiful island destinations. Developed by Toronto-based Density Group Limited, the property is set within a remote sanctuary and is set to comprise only 32 architecturally distinct homes, complete with expansive windows framing the surrounding forest and water.


The Residences at the St. Regis Papagayo Resort: Located in one of the most lush, biodiverse destinations in the world, The Residences at the St. Regis Papagayo Resort are anticipated to comprise around 140 residential units, each reflective of the exquisite and bespoke design signature to the St. Regis brand. Led by developers Solana PA, S.R.L. and Industrias Turisticas Wafou, S.R.L, this co-located hotel and residences property will have design inspired by the local culture and its ocean surroundings. Residents will be able to enjoy amenities at the neighboring hotel, including the St. Regis Library, multiple swimming pools, a spa, an exclusive beach club, and an expansive outdoor space for celebrations and gatherings.


The Residences at The St. Regis Jeddah: Marriott signed an agreement with Miyar Alshati Real Estate Company, Telal Al Wadi Real Estate Company and Saud Al Arifi Investment to introduce the iconic St. Regis brand to Jeddah in the Kingdom of Saudi Arabia. Anticipated to open in 2030, the project features a luxury hotel and 191 residences that will bring St. Regis’ celebrated rituals, glamorous bespoke spirit, storied heritage, and signature Butler service to the coastal city.


These signings are the latest for Marriott Branded Residences, as the company continues to see exciting growth in new and existing markets around the world. Additional recent and anticipated openings and signings include: 


Marriott Branded Residences Recent and Expected Openings:


  • JW Marriott Residences, Grand Marina Saigon, Sea

  • The Residences at Nekajui, A Ritz-Carlton Reserve

  • JW Marriott Residences New Cairo, Al Jazi


Marriott Branded Residences Recent Signings:





The Team

at LEADING HOTELIERS NETWORK / JOB LEAD SERVICE


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