Apartments by Marriott Bonvoy FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will establish and operate a premium serviced-apartment hotel that will be designated as part of the “Apartments by Marriott Bonvoy” system.
Corporate Information
MIF, L.L.C., a limited liability company established under the laws of the State of Delaware in 2012. They are a subsidiary of Marriott International, Inc. which was incorporated under the laws of the State of Delaware in 1997. Their principal business address is 7750 Wisconsin Avenue, Bethesda, Maryland 20814. They began offering franchises for Apartments by Marriott Bonvoy in December 2023.
Investment
The total investment necessary to begin operation of of a newly-constructed 50 to 100-guestroom Apartments by Marriott Bonvoy serviced-apartment hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), insurance, and contingencies, ranges from $34,763,700 to $115,227,100. This includes approximately $336,000 to $423,000 that must be paid to the franchisor or an affiliate.
