Residence Inn

Residence Inn is an extended-stay hotel brand owned by Marriott International, Inc.. Founded in 1977 by Jack DeBoer, Residence Inn was acquired by Marriott ten years later, and currently has over 450 hotels in the United States, Canada and Mexico.

Fast Facts:

  1. Stock symbol: MAR, NYSE
  2. Annual revenue (2007): $12.990 billion
  3. Founder: Jack DeBoer
  4. Year Established: 1977
  5. Industry: Lodging
  6. Phone: 1-301-380-3000
  7. Fax: 1-301-380-3967
  8. HQ: Bethesda, Maryland
  9. President: William J. Shaw
  10. CEO: J. W. Marriott Jr.
  11. CFO: Arne M. Sorenson
  12. Staff: 151,000
  13. Other key people: John W. Marriott III

Marriott Company Profile

Marriott operates in five business segments: North American Full-Service Lodging, North American Limited-Service Lodging, International Lodging, Luxury Lodging and Timeshare. The Residence Inn falls under the North American Limited-Service Lodging segment of the umbrella-company. Residence Inn provides home and office-like amenities with exercise options. The rooms have kitchens, separate sleeping areas, and social events within the suites.

Extended Stay Lodging

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