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  1. Home
  2. Brands
  3. Travel & Hospitality
  4. Residence Inn
Residence Inn logo
Travel & Hospitality

Who Owns Residence Inn?

Residence Inn is an extended-stay hotel brand owned by Marriott International, Inc. (NASDAQ: MAR). Jack DeBoer founded the brand in Wichita, Kansas, in 1975, pioneering the extended-stay category with suites featuring full kitchens. Marriott acquired the brand in 1987. Residence Inn operates approximately 900 properties, primarily in North America.

Parent Company

Marriott International

Acquired

1987

Status

Publicly Traded

Headquarters

Bethesda, Maryland, USA

Residence Inn Timeline

1927
Marriott International

Parent company established in Bethesda, Maryland, USA

Company Founded
1975

Residence Inn

Founded by Jack DeBoer

Founded
1987
Acquired by Marriott International

Marriott International acquired Residence Inn

Acquired
mid rangemass marketUnited StatesOfficial Website

Who Owns Residence Inn?

  • Parent Company: Marriott International
  • Ownership Type: Wholly owned
  • Acquisition Year: 1987
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: MAR
BrandParent CompanyOwnership Type
Residence InnMarriott InternationalWholly owned

History of Residence Inn

  • Founded: 1975
  • Founders: Jack DeBoer
  • Acquired by Marriott International: 1987

Jack DeBoer founded The Residence Inn in Wichita, Kansas, in 1975. A developer who had built apartments and hotels, DeBoer recognized an unserved market: travelers on long assignments who needed more than a hotel room but less than an apartment lease. His solution was a suite with a full kitchen, separate living space, and residential-style amenities including grocery shopping service and social hours.

The concept essentially invented the extended-stay hotel category. DeBoer expanded The Residence Inn through the late 1970s and 1980s, establishing the template of residential-style suites with kitchens that the entire segment later adopted.

Marriott acquired the brand in 1987, giving the company an early and permanent lead in extended stay. Under Marriott, Residence Inn scaled from a regional pioneer into the segment's dominant brand, growing through the 1990s and 2000s into a national network covering virtually every significant US market.

DeBoer went on to found additional hotel brands including Candlewood Suites, which competes with his original creation, but Residence Inn retained its category leadership under Marriott ownership.

The brand modernized through periodic redesigns updating its suite interiors and public spaces, including the addition of the Mix social events, outdoor gathering spaces, and refreshed kitchens. As of 2026, Residence Inn operates approximately 900 properties and remains the largest extended-stay brand in the Marriott portfolio and among the largest in the industry.

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 Residence Inn Made / Based?

  • Headquarters: Bethesda, Maryland, USA

Residence Inn Categories & Tags

HotelsExtended StaySuitesMarriottHospitality

Residence Inn Sustainability & Ethics

Residence Inn operates under Marriott International's Serve360 sustainability platform, which commits the parent to net-zero emissions by 2050. The residential format's in-suite kitchens reduce single-use packaging associated with restaurant service, and properties implement Marriott's energy, water, and waste standards.

The brand holds no independent sustainability certification. Marriott publishes an annual sustainability report with verified emissions data covering all brands.

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

Residence Inn Ownership: Pros & Cons

Advantages

  • +50-year pioneer status defines the extended-stay category
  • +Demand driven by necessity, producing resilience through cycles
  • +Full-kitchen format commands multi-week stays and loyalty
  • +Marriott's reservation and Bonvoy systems maximize occupancy
  • +Largest extended-stay footprint in the industry

Considerations

  • -Homewood Suites and Staybridge offer comparable products
  • -Residential format requires periodic capital-intensive refreshes
  • -Franchise quality varies across the large property base
  • -Sister brands TownePlace and Element overlap in the segment
  • -Extended-stay guests are less brand-loyal than premium travelers

Frequently Asked Questions About Residence Inn

Sources & Further Reading

  • Residence Inn official website
  • Marriott International Investor Relations
  • Marriott 2025 Growth Milestones
  • Residence Inn Wikipedia
  • Marriott International Wikipedia
  • NASDAQ: Marriott (MAR)

Competitors to Residence Inn

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
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
Marriott Executive ApartmentsMarriott Executive ApartmentsSister Brand
Marriott International
USA
1997
PremiumAsia pacificAll Genders

Learn More About Competitors

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
Marriott Executive ApartmentsTravel Hospitality

Marriott Executive Apartments

Owned by Marriott International

Serviced apartment brand for extended executive stays, launched by Marriott in 1997 with properties across Asia, the Middle East, and Europe.

serviced-apartmentsextended-staycorporate-housing

Competitive Analysis

Market Positioning: Residence Inn 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 Residence Inn

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.

The Beach TowerTravel Hospitality

The Beach Tower

Owned by Kerzner International Holdings Limited

Former hotel tower at Atlantis Paradise Island that was closed in 2021 and acquired by Pharrell Williams for redevelopment into Somewhere Else hotel.

hotel-towerresort-accommodationbahamas
Privately Owned

The Beach Tower is privately owned, unlike Residence Inn which is under a publicly traded parent company.

Harborside Resort at AtlantisTravel Hospitality

Harborside Resort at Atlantis

Owned by Kerzner International Holdings Limited

Villa-style accommodation complex at Atlantis Paradise Island featuring residential-style layouts, full kitchens, and family-friendly amenities across the marina from the main resort.

villa-resortfamily-accommodationmarina-location
Privately Owned

Harborside Resort at Atlantis is privately owned, unlike Residence Inn 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 Residence Inn which is under a publicly traded parent company.

Atlantis ResortsTravel Hospitality

Atlantis Resorts

Owned by Kerzner International Holdings Limited

Luxury integrated resort brand operating properties in the Bahamas, Dubai, and China under two separate ownership structures, with new resorts announced for the Maldives and Saudi Arabia.

luxury-resortsintegrated-resortshospitality
Privately Owned

Atlantis Resorts is privately owned, unlike Residence Inn which is under a publicly traded parent company.

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 Residence Inn 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 Residence Inn which is under a publicly traded parent company.

Marriott International Stock Information

Jobs at Marriott International

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