BETHESDA, Md., Sept. 16 /PRNewswire/ -- Marriott ExecuStay® (http://www.ExecuStay.com), a leader in furnished apartments and temporary housing, has been named the corporate housing provider of choice for short-term rentals for AMLI Residential, a leading owner, manager and developer of luxury apartment communities across the United States. This partnership places Marriott ExecuStay's turn-key furnished apartment service in more than 1,000 of AMLI's upscale apartments, bringing the total number of apartments available by Marriott ExecuStay to 5,500.
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"This arrangement eliminates the need for a six-month or year-long lease," said Steve Hallsey, president and CEO of AMLI Management Company. "It's an ideal option for those on extended stay due to relocation, corporate or government work assignments. Now we're even more competitive, and reaching a market we normally wouldn't be able to capture."
The partnership allows AMLI to tap into ExecuStay's extensive global and electronic distribution systems, and extends AMLI's market reach with access to ExecuStay's global sales and marketing channels. The joint venture also leverages the similar corporate cultures of both organizations including a focus on green building designations.
"This is a win-win relationship for everyone," said Adam Sherer, Marriott ExecuStay vice president. "For ExecuStay... we have even more apartments to offer our customers needing upscale residential lodging through AMLI's first-class portfolio. AMLI benefits from ExecuStay's distribution channels and dedicated marketing and the guest gets a worry-free, short-term living experience in a beautiful apartment in a fabulous location."
The addition of the AMLI portfolio means ExecuStay has furnished apartments in more than 700 buildings across 325 U.S. cities. For a full list of AMLI properties visit ExecuStay.com/AMLI.
With a significant presence in Atlanta, Austin, Chicago and Dallas, AMLI Residential communities are located in some of the most sought-after neighborhoods with access to the best restaurants, shopping and entertainment. ExecuStay handles all of the arrangements at an AMLI Residential community for a turn-key move-in experience -- setting up a furnished apartment within two business days -- complete with everything they need to be productive including amenities like free Wi-Fi.
Each spacious one-, two- or three-bedroom ExecuStay furnished apartment comes equipped with:
- Utilities -- electric, gas, water and cable
- Free wireless and high speed Internet access
- Full kitchen including essential cookware
- Laundry facilities in room or on site
- Elite Dreamer® bedding
- Television, DVD player
- Bath linens
ExecuStay participates in Marriott's award-winning Marriott Rewards® frequent guest program. Guests earn points with every stay that can be used toward free vacations at more than 3,400 lodging properties in more than 70 countries and territories.
For more information or reservations, call the Marriott ExecuStay toll-free number at 888.840.7829, a travel agent or visit the Web site at ExecuStay.com. Multi-family residence owners interested in partnering with Marriott ExecuStay can visit ExecuStay.com/Development for more information.
View this press release online. View all ExecuStay press releases.
AMLI Residential, a preeminent multifamily real estate firm headquartered in Chicago, is wholly-owned by Prime Property Fund, a core, co-mingled institutional fund managed by Morgan Stanley Real Estate. AMLI currently owns and/or manages 62 luxury apartment communities including approximately 23,000 apartment homes. More information is available at www.amli.com.
Marriott ExecuStay® (ExecuStay.com; 888.840.7829) offers guests of 30 days or more the spaciousness and privacy of a furnished apartment or residence found in over 700 locations in the U.S. Monthly rates include utilities, cable, free wireless and high-speed Internet access, and 24/7 customer service. Apartments are furnished to order, with Elite Dreamer® bedding, television, DVD player, full kitchen including essential cookware, bath linens and laundry facilities. Guests can enjoy the added benefit of earning Marriott Rewards® points, the company's award-winning frequent travel program. In addition, the ExecuStay Insurance Housing Solutions division provides temporary housing for those impacted by unforeseen events. Marriott ExecuStay is part of Marriott International's extended-stay lodging portfolio, which also includes Residence Inn, TownePlace Suites and Marriott Executive Apartments.
Visit Marriott International, Inc. (NYSE: MAR) for company information.
SOURCE Marriott International, Inc.
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