Groundbreaking of Marriott’s First StudioRes Property in Fort Myers, Florida ...Middle East

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Groundbreaking of Marriott’s First StudioRes Property in Fort Myers, Florida
source : hospitality net ( Middle East ) () 58
Marriott International, Inc. (NYSE: MAR) celebrated the groundbreaking of its inaugural StudioRes brand hotel, as Concord Hospitality began construction of its first property in Fort Myers, Florida. Announced in June 2023, the StudioRes brand is Marriott’s new affordable midscale extended stay brand in the U.S. & Canada. The StudioRes property in Fort Myers is projected to open in Spring 2025 and is being developed by Concord Hospitality with its long-time partner Whitman Peterson. Concord expects to develop around 50 StudioRes properties, spanning several dozen submarkets in major U.S. cities, with several more slated to break ground in the coming months. Consistent with the company’s appro

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