Marriott International has announced that they will be entering the home-sharing market in the coming weeks, making the world of shared rooms quite a bit more competitive.
Entering the same market as companies such as AirBnb, Hyatt, and AccorHotels, Marriott has partnered with Hostmaker, a London-based property management firm, to create a new platform called Tribute Portfolio Homes.
Every home on the platform has been vetted to ensure they meet the standards of Marriott's hotels, with clean linens, high speed Internet, kitchen utensils, and child-friendly essentials for families.
A loyalty rewards system will also be in place, allowing members to add points to their Marriott Rewards, and a Marriott Welcome Wizard will be at each home to welcome guests, hand over keys, and explain anything they might not be aware of.
Currently, the company is only offering these services in London, but Marriott plans to spread it further across the country, and the world, if it is successful. No announcements for potential expansions have been made yet.
Marriott International, Inc. is one of the leading hotel companies in the world, with over 6,500 properties across 127 countries and territories, claiming revenues of up to $22 billion in fiscal year 2017. Founded by J. Willard and Alice Marriott over 90 years ago, the company headquarters is located outside of Washington, D.C. in Bethesda, Maryland.
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