Marriott International and Noble Investment Group Break Ground on Their 10th StudioRes Hotel, Scaling New Extended Stay Brand
1. Marriott announces its 10th StudioRes hotel groundbreaking with Noble Investment Group. 2. StudioRes targets extended-stay guests, meeting rising demand for long-term accommodations. 3. Noble emphasizes undersupplied market opportunities, aiming for stable cash flow. 4. Marriott’s distribution and Bonvoy membership positions StudioRes for strong market demand. 5. Over 50 StudioRes projects are planned, half of which are under construction.