Partner to Franchise Marriott Execustay in
Hartford and Springfield, Mass. Markets
|Washington, D.C. – April 1, 2004 – Marriott
ExecuStay, the corporate housing division of Marriott International, Inc.
(NYSE:MAR), today announced that most of the state of Connecticut, including
Hartford and Springfield, Mass., are its newest franchised markets in a
partnership between existing ExecuStay franchisee Potomac Hospitality Services,
Inc., (PHS), and new franchisee Philip Schonberger, a Hartford developer
who is a principal in the downtown Hartford Residence Inn by Marriott.
The agreement becomes effective April 1.
PHS became an ExecuStay franchisee in December 2003 when it took over the operation of ExecuStay’s Center City, Phila., market. The principals of PHS are founder Conrad Cafritz, a developer in the Washington, D.C., area; and Don Minkler, president, who has over 20 years of hotel marketing and corporate housing experience, including eight years with Marriott in various leadership positions.
Mr. Schonberger is involved in numerous development projects in downtown Hartford, including a multi-family historic preservation project next to the Residence Inn.
Joe Lavin, executive vice president and managing director for Marriott ExecuStay, noted that ExecuStay’s franchise program has attracted a mixture of hotel owners and operators, owners of existing corporate housing businesses, and apartment owners and developers. “We are building on our vision of connecting the best providers with the best brand,” he said. “This is our second franchise with Potomac Hotel Services, and we anticipate continuing mutual success.”
Mr. Minkler said, “The support Marriott ExecuStay has provided since we initiated our franchise in Philadelphia has been impressive. The sales resources and initiatives available and contemplated by Marriott, as well as the ability to offer Marriott Rewards points, makes our adding another franchise very appealing.”
The contact for prospective Marriott ExecuStay franchisees is Gregory
Marriott ExecuStay (www.execustay.com; 1-888-840-7829) offers travelers who require stays of 30 days or more the spaciousness and privacy of apartment living in 37 major U.S. markets.
Marriott ExecuStay is part of Marriott International’s extended-stay lodging portfolio, which also includes Residence Inn, TownePlace Suites and Marriott Executive Apartments.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading worldwide hospitality company with over 2,700 lodging properties in the United States and 67 other countries and territories.
Marriott International, Inc.
|Also See:||Marriott ExecuStay Names Elizabeth Karp, GM for ExecuStay in the Greater Washington, D.C. Area, General Manager of the Year / February 2004|
|Mainsail Management Group, Inc., Princeton Properties, Inc. and Summit Accommodations, LLC Sign Franchise Agreements with Marriott ExecuStay / Sept 2003|