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  1. Home
  2. Brands
  3. Travel & Hospitality
  4. Marriott Executive Apartments
Marriott Executive Apartments logo
Travel & Hospitality

Who Owns Marriott Executive Apartments?

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

Marriott International

Founded

1997

Status

Publicly Traded

Headquarters

Bethesda, Maryland, USA

Marriott Executive Apartments Timeline

1927
Marriott International

Parent company established in Bethesda, Maryland, USA

Company Founded
1997

Marriott Executive Apartments

Founded by Marriott International (internal development)

Founded
premiumpremiumAsia PacificOfficial Website

Who Owns Marriott Executive Apartments?

  • Parent Company: Marriott International
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: MAR
BrandParent CompanyOwnership Type
Marriott Executive ApartmentsMarriott InternationalWholly owned

History of Marriott Executive Apartments

  • Founded: 1997
  • Founders: Marriott International (internal development)

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.

About Marriott International

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.

  • Founded: 1927
  • Headquarters: Bethesda, Maryland, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: MAR
  • Revenue: $25.5 billion (FY2025, calendar year ended December 31, 2025)
  • Employees: Approximately 425,000

Visit Marriott International website

View full company profile for Marriott International

Where Is Marriott Executive Apartments Made / Based?

  • Headquarters: Bethesda, Maryland, USA

Marriott Executive Apartments Categories & Tags

Serviced ApartmentsExtended StayCorporate HousingMarriottHospitality

Brands Owned by Marriott International

Autograph Collection HotelsTravel Hospitality

Autograph Collection Hotels

Owned by Marriott International

Marriott's original soft brand of independent luxury and premium hotels, launched in 2010 with approximately 330 curated properties worldwide.

hotelsindependent-hotelssoft-brand
Courtyard by MarriottTravel Hospitality

Courtyard by Marriott

Owned by Marriott International

Select-service hotel brand launched by Marriott in 1983, operating approximately 1,300 properties worldwide for business travelers.

hotelsselect-servicebusiness-travel
Delta Hotels by MarriottTravel Hospitality

Delta Hotels by Marriott

Owned by Marriott International

Canadian premium hotel brand founded in 1962, acquired by Marriott International in 2015 and expanding globally with approximately 110 properties.

hotelspremium-hotelscanada
Design HotelsTravel Hospitality

Design Hotels

Owned by Marriott International

Curated collection of independent design-driven hotels founded in 1993, fully owned by Marriott International since 2020.

hotelsboutique-hotelsdesign-hotels
Element HotelsTravel Hospitality

Element Hotels

Owned by Marriott International

Eco-conscious extended-stay hotel brand launched by Starwood in 2008, owned by Marriott International with approximately 110 properties.

hotelsextended-stayeco-friendly
Fairfield by MarriottTravel Hospitality

Fairfield by Marriott

Owned by Marriott International

Economy select-service hotel brand launched by Marriott in 1987, operating approximately 1,300 properties focused on consistent value.

hotelsselect-servicebudget-travel
View all brands owned by Marriott International

Marriott Executive Apartments Ownership: Pros & Cons

Advantages

  • +Premium positioning in the corporate serviced apartment segment
  • +Marriott brand provides consistency for corporate housing managers
  • +Bonvoy integration rewards executives on long assignments
  • +Concentrated portfolio in high-demand expatriate markets
  • +Complements broader residential-format expansion

Considerations

  • -Small portfolio limits revenue contribution
  • -Corporate relocation demand is cyclical and concentrated
  • -Ascott and Frasers have larger serviced apartment networks
  • -Premium pricing narrows the addressable corporate budget range
  • -Overlaps with newer Apartments by Marriott Bonvoy offering

Frequently Asked Questions About Marriott Executive Apartments

Sources & Further Reading

  • Marriott Executive Apartments official website
  • Marriott International Investor Relations
  • Marriott 2025 Growth Milestones
  • Marriott International Wikipedia
  • NASDAQ: Marriott (MAR)
  • SEC EDGAR: Marriott International filings

Competitors to Marriott Executive Apartments

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Residence InnResidence InnSister Brand
Marriott International
USA
1975
Mass marketUnited statesAll Genders
TownePlace SuitesTownePlace SuitesSister Brand
Marriott International
USA
1997
Mass marketUnited statesAll Genders
Courtyard by MarriottCourtyard by MarriottSister Brand
Marriott International
USA
1983
Mass marketGlobalAll Genders
Element HotelsElement HotelsSister Brand
Marriott International
USA
2008
Mass marketUnited statesAll Genders
Fairfield by MarriottFairfield by MarriottSister Brand
Marriott International
USA
1987
Mass marketGlobalAll Genders
Gaylord HotelsGaylord HotelsSister Brand
Marriott International
USA
1977
PremiumUnited statesAll Genders

Learn More About Competitors

Residence InnTravel Hospitality

Residence Inn

Owned 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.

hotelsextended-staysuites
TownePlace SuitesTravel Hospitality

TownePlace Suites

Owned by Marriott International

Extended-stay hotel brand launched by Marriott in 1997, operating approximately 520 value-oriented all-suite properties with full kitchens.

hotelsextended-staysuites
Courtyard by MarriottTravel Hospitality

Courtyard by Marriott

Owned by Marriott International

Select-service hotel brand launched by Marriott in 1983, operating approximately 1,300 properties worldwide for business travelers.

hotelsselect-servicebusiness-travel
Element HotelsTravel Hospitality

Element Hotels

Owned by Marriott International

Eco-conscious extended-stay hotel brand launched by Starwood in 2008, owned by Marriott International with approximately 110 properties.

hotelsextended-stayeco-friendly
Fairfield by MarriottTravel Hospitality

Fairfield by Marriott

Owned by Marriott International

Economy select-service hotel brand launched by Marriott in 1987, operating approximately 1,300 properties focused on consistent value.

hotelsselect-servicebudget-travel
Gaylord HotelsTravel Hospitality

Gaylord Hotels

Owned 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.

hotelsconvention-hotelsresorts

Competitive Analysis

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.

Independent Alternatives to Marriott Executive Apartments

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.

Finns Beach ClubTravel Hospitality

Finns Beach Club

Owned by FINNS Bali Group

Beachfront entertainment venue in Canggu, Bali, known for infinity pools, dining, and sunset events. Operated by PT Pantai Semara Nusantara.

beach-clubhospitalitybali
Privately Owned

Finns Beach Club is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

Aquaventure WaterparkTravel Hospitality

Aquaventure Waterpark

Owned 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.

water-parkresort-attractionbahamas
Privately Owned

Aquaventure Waterpark is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

Kingdom HospitalityTravel Hospitality

Kingdom Hospitality

Owned 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.

short-term-rentalsvacation-rentalsproperty-management
Privately Owned

Kingdom Hospitality is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

Taj HotelsTravel Hospitality

Taj Hotels

Owned 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.

luxury-hotelsindian-brandhospitality
Privately Owned

Taj Hotels is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

The Royal TowersTravel Hospitality

The Royal Towers

Owned 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.

luxury-hotelresort-accommodationbahamas
Privately Owned

The Royal Towers is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

Dolphin CayTravel Hospitality

Dolphin Cay

Owned by Kerzner International Holdings Limited

14-acre marine habitat and conservation center at Atlantis Paradise Island offering dolphin encounters and marine education programs.

marine-habitatdolphin-encounterconservation
Privately Owned

Dolphin Cay is privately owned, unlike Marriott Executive Apartments which is under a publicly traded parent company.

Marriott International Stock Information

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Last reviewed: September 26, 2026 · Reviewed by Who Brands Editorial Team