About TownePlace Suites By Marriott Richmond
The market is agile and hoteliers are finding more ways to modernize and meet the market’s current needs and these days extended stays are thriving. TownePlace Suites operating under Marriott International is specially designed and built for clients looking for longer stays. With spacious suites and full kitchens, Towneplace has also partnered with other powerful brands like Elfa® closets from The Container Store® and Weber® grills to create a more homely and comfortable vibe. Its laidback and modern rooms in which a home office is separate from the living quarters are suitable for individuals and families who want to be productive and efficient while enjoying all the perks of hotel services, such as complimentary breakfast.
With nearly 400 hundred and over 200 projects in the pipeline in the US and Canada; high occupancy rates; and loyal customer base - investors have been eyeing TownePlace Suites’ excellent opportunity growth. TownePlace Suites was also named one of Entrepreneur Magazine’s “120 Most Trusted Brands” in 2014 and awarded as one of America's Best Franchise Brands in 2016.
With its lower cost-to-build advantage to its competitors allows TownePlace Suites to offer a competitive fee structure making it more appealing. Whether for longer stays or for investment, TownePlace Suites is definitely a good option.
