
Marriott Executive Apartments is a serviced apartment brand owned by Marriott International, Inc. (NASDAQ: MAR), launched in 1997 to serve executives on extended international assignments. The brand operates approximately 40 properties offering full apartments with hotel services, concentrated in Asia, the Middle East, and Europe.
Parent Company
Founded
1997
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Marriott Executive Apartments | Marriott International | Wholly owned |
Marriott launched Marriott Executive Apartments in 1997, opening the first property in Budapest, Hungary. The concept recognized that globalizing corporations were posting executives on multi-month international assignments for which hotel rooms were inadequate and apartment leases were impractical.
The format offered complete apartments, typically one to three bedrooms with full kitchens, separate living rooms, and washer facilities, combined with hotel services including housekeeping, concierge, and security. The model targeted the corporate relocation and expatriate market in cities with large multinational business communities.
Growth concentrated in Asia and the Middle East, where corporate expatriate populations were largest and serviced apartment demand strongest. Properties opened in cities including Bangkok, Jakarta, Shanghai, Seoul, Dubai, and Doha, plus European financial centers.
The brand grew deliberately slowly: serviced apartments serve a narrow corporate demand that does not support the broad rollout of consumer hotel brands. Marriott kept the portfolio at roughly 40 properties, focusing on gateway cities where multinational companies concentrated assignments.
In the 2020s, Marriott expanded its residential-format offerings around the executive apartments concept, adding Apartments by Marriott Bonvoy for a broader extended-stay audience while keeping the Executive Apartments brand positioned at the premium corporate end.
What does Marriott International own?
Marriott International owns over 30 hotel brands including The Ritz-Carlton, St. Regis, W Hotels, JW Marriott, Marriott Hotels, Sheraton, Westin, Courtyard, Fairfield, Residence Inn, Moxy, and City Express by Marriott. The company operates approximately 9,500 properties in 140-plus countries and territories. However, Marriott owns very few of the physical hotel buildings. Approximately 99% of properties are managed or franchised for third-party owners. Marriott also owns the Marriott Bonvoy loyalty program with over 230 million members.
Is Marriott International publicly traded?
Yes, Marriott International, Inc. is listed on NASDAQ under the ticker MAR. The company has been publicly traded since 1953. The Marriott family retains a significant but non-controlling ownership stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. The company has a single-class share structure with one vote per share.
Who founded Marriott International?
Marriott was founded by J. Willard Marriott and his wife Alice Marriott, who opened a root beer stand in Washington, D.C. in 1927. The company entered the hotel business in 1957 with the Twin Bridges Motor Hotel in Arlington, Virginia. J. Willard Marriott handed leadership to his son Bill Marriott in 1972. Marriott International was created in 1993 when Marriott Corporation split into Marriott International (hotels) and Host Marriott (real estate).
Where is Marriott International headquartered?
Marriott International is headquartered in Bethesda, Maryland, USA, near Washington, D.C. The company's global headquarters is located at 7750 Wisconsin Avenue, Bethesda, Maryland. The company operates approximately 9,500 properties in 140-plus countries and territories worldwide.
How many hotels does Marriott operate?
As of 2025, Marriott operates approximately 9,500 properties with over 1.7 million rooms across 140-plus countries and territories. The company has a development pipeline of approximately 3,800 properties and 590,000 rooms, representing significant future growth. Over half of the development pipeline is in international markets.
What is Marriott Bonvoy?
Marriott Bonvoy is Marriott International's loyalty program, with over 230 million members as of 2025. The program was formed in 2019 by merging Marriott Rewards, The Ritz-Carlton Rewards, and Starwood Preferred Guest (SPG) following the 2016 Starwood acquisition. Members earn points on stays at Marriott properties, which can be redeemed for free nights, room upgrades, and other benefits. The program also includes co-branded credit cards with JPMorgan Chase and American Express.
Who is the CEO of Marriott International?
Anthony Capuano is the President and CEO of Marriott International, a position he has held since February 2021. He succeeded Arne Sorenson, who passed away from pancreatic cancer in February 2021. Capuano had been with Marriott for over 25 years before becoming CEO. The board of directors is chaired by David Marriott, grandson of founder J. Willard Marriott.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Marriott International | USA | 1975 | Mass market | United states | All Genders | |
| Marriott International | USA | 1997 | Mass market | United states | All Genders | |
| Marriott International | USA | 1983 | Mass market | Global | All Genders | |
| Marriott International | USA | 2008 | Mass market | United states | All Genders | |
| Marriott International | USA | 1987 | Mass market | Global | All Genders | |
| Marriott International | USA | 1977 | Premium | United states | All Genders |
Travel HospitalityOwned by Marriott International
Extended-stay hotel brand founded in 1975 and acquired by Marriott in 1987, operating approximately 900 all-suite properties with full kitchens.
Travel HospitalityOwned by Marriott International
Extended-stay hotel brand launched by Marriott in 1997, operating approximately 520 value-oriented all-suite properties with full kitchens.
Travel HospitalityOwned by Marriott International
Select-service hotel brand launched by Marriott in 1983, operating approximately 1,300 properties worldwide for business travelers.
Travel HospitalityOwned by Marriott International
Eco-conscious extended-stay hotel brand launched by Starwood in 2008, owned by Marriott International with approximately 110 properties.
Travel HospitalityOwned by Marriott International
Economy select-service hotel brand launched by Marriott in 1987, operating approximately 1,300 properties focused on consistent value.
Travel HospitalityOwned by Marriott International
Resort and convention hotel brand known for massive atrium properties, acquired by Marriott in 2012 and owned in partnership with Ryman Hospitality.
Market Positioning: Marriott Executive Apartments competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Marriott International, giving you alternative choices that support different corporate structures.
Travel HospitalityOwned by FINNS Bali Group
Beachfront entertainment venue in Canggu, Bali, known for infinity pools, dining, and sunset events. Operated by PT Pantai Semara Nusantara.
Finns Beach Club is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
141-acre water park at Atlantis Paradise Island in the Bahamas, featuring high-speed slides, river rides, and marine habitat experiences, operated by Brookfield Asset Management.
Aquaventure Waterpark is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Travel HospitalityOwned by Kingdom Hospitality, LLC
Full-service short-term rental and vacation property management company founded by Tim Venus in 2021 and headquartered in Sheboygan, Wisconsin, serving owners across multiple US markets.
Kingdom Hospitality is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Travel HospitalityOwned by Tata Group
India's flagship luxury hotel brand, operated by Indian Hotels Company Limited (IHCL), a subsidiary of Tata Group. One of the most recognized luxury hospitality brands in Asia with approximately 350 hotels globally.
Taj Hotels is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
Iconic hotel towers at Atlantis Paradise Island featuring 1,201 rooms and suites, the Bridge Suite, and direct access to Aquaventure water park and marine habitats. Renovated in 2024 as part of a $150 million resort-wide transformation.
The Royal Towers is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
14-acre marine habitat and conservation center at Atlantis Paradise Island offering dolphin encounters and marine education programs.
Dolphin Cay is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.
Discover popular brands and companies in the Travel & Hospitality category and related searches from other users.

Singapore-based online travel platform owned by Booking Holdings, specializing in hotel bookings across Asia-Pacific with global reach covering flights, vacation packages, and alternative accommodations.

Former low-cost airline acquired by Southwest Airlines in 2011 and fully integrated by 2014, previously headquartered in Orlando, Florida.

Largest US airline by fleet size, operating over 1,000 mainline aircraft to 350+ destinations in 60+ countries.