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37. Residence Inn

Last Year's Rank: 37

Investment Range: $10,307,060 - $22,529,310

Category: Hotel Travel

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Company Description

Residence Inn is an extended-stay all-suite hotel brand owned by Marriott International. It competes in the upscale industry segment, along with InterContinental’s Staybridge Suites, Hyatt’s HYATT house, and Homewood Suites by Hilton.

Residence Inn has more than 750 locations worldwide, with the majority of them in the U.S. The brand offers Residence Inn Mix, a social hour held three nights a week that encourages guests to interact with each other and connect with their destination.

Company Statistics

Global Sales: $3,850,000,000*

US Units: 750

International Units: 10

Total Units: 760

Percent Franchised: 85%

% International Units: 1%

US Franchised Units: 641

International Franchised Units: 3

Sales Growth %: 8.45%

Unit Growth %: 3.54%

*Franchise Times Estimate

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