With 60,000 Private Properties In 75 Countries, Marriott Hotels Now Competes With Airbnb

Marriot, the world’s largest lodge firm, is giving Airbnb direct competitors by renting out non-public lodging.

The lodge chain stated it created its lineup of houses and villas to fulfill the rising demand for short-term leases

The service known as Properties & Villas and already has greater than 60,000 properties in about 75 international locations.

These properties vary from distinctive collections of personal houses, beachfront bungalows, sprawling villas, grand chateaus, cozy cottages, ski lodges, townhouses, residences, condos, and penthouses.

Lately, lodge chains have ventured into the short-term rental market, lengthy dominated by platforms run by individuals working part-time within the hospitality trade.

The association is easy: the home-owner supplies the residence, and Marriott handles reservations, recommends and books excursions, takes care of issues, and supplies deep cleansing after checkout.

The added worth of reserving with Marriott is that visitors additionally obtain rewards from the loyalty program and entry to resort facilities.

Having the ability to supply a singular rental expertise at an upscale property whereas permitting clients to earn and redeem factors is a major win for Marriott Worldwide and a proposal that’s arduous to say no to.

“Enterprise vacationers, in addition to many leisure vacationers, worth what Airbnb lacks and what lodge manufacturers do greatest: availability (lodges can not delist at quick discover), skilled hospitality, model requirements, and loyalty program perks,” stated Chekitan Dev, a professor at Cornell College’s Nolan Faculty of Lodge Administration in Ithaca, N.Y. 

“Because of this most main lodge firms are extending their manufacturers into non-public houses,” he added

What about pricing?

Costs are usually not as excessive as they have been anticipated to be.

Most properties vary from $700 to $1000 per evening, however it’s potential to seek out good residences and homes for lower than $200 per evening, which is even lower than what an Airbnb can value.

As an example, Marriott affords a 2-bedroom residence for $171 per evening in stunning Barcelona.

There are properties for as little as $161 an evening in Miami or as little as $120 for a one-bedroom flat in Paris.

As for cancelation insurance policies, visitors can solely obtain a refund in the event that they cancel inside 48 hours of reserving. After that, they’re now not eligible for a refund.

It’s anticipated that this reasonably strict coverage will change sooner or later.

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