Marriott International Introduces Apartments by Marriott Bonvoy, Responding to Growing Consumer Demand As Travelers Increasingly Blend Work and Leisure

NOVEMBER 9, 2022

 — BETHESDA, MD

New offering expected to spur development opportunities globally

Marriott International, Inc., today announced its expansion into apartment-style accommodations with the launch of Apartments by Marriott BonvoyTM. The company is seizing upon growing consumer interest among families and friends seeking more space for stays, propelled by the blending of work and leisure travel, and the desire among younger travelers for wider accommodations options.

Marriott is building upon its 26 years of experience with Marriott Executive Apartments, its serviced-apartment brand in Asia, Europe, the Middle East, Africa, and Latin America. With the introduction of Apartments by Marriott Bonvoy, the company expects it will enhance portfolio growth globally and bring the serviced-apartment concept to Marriott guests in the U.S. and Canada.

“Travelers planning vacations and long business trips today are seeking more choice in accommodations, and the introduction of Apartments by Marriott Bonvoy responds to those trends while offering developers a premium product backed by our trusted name and distribution platform,” said Stephanie Linnartz, President, Marriott International. “With Apartments by Marriott Bonvoy, guests will be able to shop a wider array of accommodation options within the Marriott Bonvoy portfolio, growing their loyalty to the portfolio and its range of brand offerings.”

Marriott plans to introduce Apartments by Marriott Bonvoy in the upper-upscale and luxury segments, distinguished from Marriott’s existing extended-stay brands, with distinctly designed products that reflect the local neighborhood for independent travelers seeking more space and residential amenities. Apartments by Marriott Bonvoy will feature a separate living room and bedroom, full kitchen, and in-unit washer and dryer, but will be differentiated from Marriott’s existing extended-stay brands by not providing certain traditional hotel services such as food and beverage, meeting spaces, and retail. Apartments by Marriott Bonvoy is anticipated to offer developers the flexibility to build new properties or convert existing properties, with a design approach similar to the company’s successful Autograph Collection and Tribute Portfolio lodging brands, which offer consumers independent, uniquely distinguished hotel experiences. Apartments by Marriott Bonvoy will be backed by Marriott’s powerful reservations engine and Marriott Bonvoy, the company’s award-winning travel program with 173 million members.

Among travel consumers and Marriott Bonvoy members, there is a growing desire for premium accommodations that provide home-like amenities as travelers combine work and leisure trips to reconnect with family and friends. According to Phocuswright’s research, three of the top five reasons for selecting an apartment-style rental are more room or space, access to a full kitchen and laundry, and a home-like feel.1

Prospective developers can learn more about Apartments by Marriott Bonvoy and all the company’s brands on Marriott’s development website. Offer and sale by prospectus only.

[1] Through the Roof: U.S. Short Term Rentals 2021, Phocuswright, January 2022

Note on Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of United States federal securities laws, including statements related to planned new product offerings; demand trends for certain types of lodging products; growth plans and expectations for the new product offering; expectations regarding growth in customer loyalty; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

About Marriott International
Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program. For more information, please visit our website at www.Marriott.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

Media Contact
John Wolf
Vice President, Global Communications and Public Affairs
Marriott International
John.Wolf@Marriott.com

Autumn in New York

Featuring LINDSAY SILVERMAN

Tips and Tricks for Great Autumn Photographs

“I am very lucky to live in a place that has distinct changes of seasons. Once September hits, we start seeing a gradual shift from greens and blues to the rich and warm tones of fall: tawny brown, red, orange, mustard yellow. Autumn in New York is a wonderful place to observe the changing colors,” says Lindsay Silverman, senior product manager for the Nikon professional DSLR line.

Silverman, who has had his hands around a camera since 1974 in order to meet college course requirements, reasons he’s produced several tens of thousand images over the course of his career—from the U.S to Latin America, around Europe and throughout Asia. Loads of locales indeed, yet one of his favorite photo venues will always be New York. Silverman sat down to offer inspirational thoughts, while dishing up some autumnal pointers.

Where do you capture autumn’s finest?

I start by exploring what is within a few blocks of my house here on Long Island. There’s always something to catch my eye over the course of the day. I favor early morning light. It has a beautiful, yet soft quality that I really like. I also revisit locations several times to observe how things alter.

© Lindsay Silverman
Reflections in water can create painterly abstracts that show texture, form and shape.

Water draws my attention. It’s a medium that can dramatically change over the course of the day, most notably this time of year since the sun is lower in the sky. I like to frame images that clearly show reflections. I also seek to create photo abstracts that display lots of texture. If you are a DX shooter, I suggest lenses with focal length ranges from 18mm to 300mm. DX NIKKOR lenses are portable and versatile. For the FX photographer, I suggest going with wide to telephoto. My favorites include the AF-S NIKKOR 24-120mm f/4G ED VR and the AF-S NIKKOR 80-400mm f/4.5-5.6G ED VR. For traveling light, I recommend the AF-S NIKKOR 28-300mm f/3.5-5.6 ED VR. All of these lenses allow ample compositional freedom.

© Lindsay Silverman
To intensify richness in the sky and help draw out textural variety and depth, consider an aid such as a Nikon circular polarizer filter.

What are some must-get seasonal shots?

Wide views that showcase nature are a must. Highlight the immense variety of tones and bluer skies; frame to convey a story. Also, a tripod and/or lens with VR image stabilization can reduce blur in your images. To intensify richness in the sky and help draw out textural variety and depth, consider an aid such as a Nikon circular polarizer filter. Fall brings dew to foliage, especially in the morning. I actually use my polarizer to help saturate colors when dew is present, or after the rain.

© Lindsay Silverman
I love how the sharp patch of trees frames the edge and that you observe the rock jutting out from the water. There is a pleasing contrast between the softness of the mist areas and the strong colors of foliage and nature.

Fall mornings can get chilly here, and as the air moves over a water source it often produces a low-hanging mist. Conditions such as this offer opportunity to create landscape views that contrast sharp to soft (branches and foliage against fog) and warm aside cool (harvest tones against steely liquid tones). When framing, consider building distinct levels within your depth of field. Here, I love how the sharp patch of trees frames the edge and that you observe the rock jutting out from the water. There is a pleasing contrast between the softness of the mist areas and the strong colors of foliage and nature. For ultra-wide views with a full frame camera, the AF-S NIKKOR 14-24mm f/2.8G ED and the AF-S NIKKOR 16-35mm f/4G ED VR work well. For the DX-format, I suggest the AF-S DX NIKKOR 10-24mm f/3.5-4.5G ED.

How do you frame an autumn image?

Nothing says, “It’s fall” better than harvest. Think pumpkins, gourds and wonderful apple pies observed at roadside stands. I’ll hop out of the car to photograph the display, and of course buy a pie. First to attract me is color; second is contrast and texture variety. When framing, pick a key element and be judicious about aperture setting. To really isolate the subject, shoot with a wide aperture that is anywhere from f/1.4 to f/4, depending on the lens. If you want the viewer to see more details, shoot at f/8 to f/16. Chances are you will be shooting handheld and close-in, so watch where shadows fall. Keep clutter out of the frame and consider any leading lines or curves that can outline.

Close-up and macro shots tend to put a lot of emphasis on a very small point in the frame, so focus and sharpness are important. Nikon cameras offer many options for point of focus determination. Some of the newer cameras really make it easy when using Live View, courtesy of the touch screen functionality.

© Lindsay SilvermanNothing says “It’s fall” better than harvest. First to attract me is color; second is contrast and texture variety.

© Lindsay Silverman
Make fall colors even more brilliant by setting the in-camera Picture Control to Vivid. A new favorite Auto White Balance setting of mine is “Keep warm lighting colors” which is perfect for taking pictures in the fall.

Rich and warm tones are everywhere in autumn. How do you make color pop in an image?

Make fall colors even more brilliant by setting the in-camera Picture Control to Vivid. Pay heed to the White Balance setting too. The Auto White balance on many Nikon models has evolved. In addition to the “Auto” setting, newer cameras permit you to select “Keep White,” which reduces warm colors. A new favorite of mine is “Keep warm lighting colors.” This setting makes a lot of sense for fall photography! You also have the option to set the white balance to Kelvin and apply a specific color temperature. I capture images as RAW (NEF) files. Working in RAW permits me to run files through Nikon’s Capture NX-D software, then play with the setting to see what I like best. Shooting in RAW and using Capture NX-D is a great way to learn more about photography and your camera. The software is a free download and offers many tools to help fine tune your images.

© Lindsay Silverman
Don’t overlook the obvious—when you see something that screams “fall”, get your camera out and start taking pictures.

No matter where you live or travel within the United States, the harvest season is a great time of year for photography. The light hangs lower in the sky and foliage turns dramatic. Not everyone resides in the Northeast, but I hope these few tips will help you create your best-ever seasonal photos. When setting out on your journeys, be sure to pack a camera.

FeaturingLINDSAY SILVERMAN

Lindsay is a former Sr. Product Manager, Pro DSLR for Nikon. Early in his career Lindsay served as general manager of Nikon House in New York City’s Rockefeller Center, where he hosted some of the world’s finest photographers as well as photo enthusiasts and photo writers, editors and educators from around the world. He has held technical, marketing and product management positions for the company, and for 19 years was a contributing writer, photographer and editor of Nikon World magazine.

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