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Article: RESIDENCE INN BY MARRIOTT CITES CONVERSION SUCCESS
- Article from:
- PR Newswire
- Article date:
- April 15, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RESIDENCE INN BY MARRIOTT CITES CONVERSION SUCCESS
WASHINGTON, April 15 /PRNewswire/ -- Residence Inn, Marriott
Corporation's 177-property extended stay hotel chain, today cited five conversion success stories that have resulted since the chain's May 1991 announcement of plans to grow through conversions of residential-style properties in viable, commercial locations.
In all five cases -- which vary by type of conversion -- Residence Inn has been able to increase house profit, improve occupancy, and increase revenue per room over the previous use.
The five successful Residence Inn conversions include:
-- Plainview, N.Y. -- Change in ...