Marriott International has launched a six-month homeshare service trial period in partnership with Hostmaker, a U.K.-based home rental company. The partnership, known as Tribute Portfolio Homes, is offering about 200 homes across London, handpicked for their “safety, design, security, and service.”
According to an analysis by Condé Nast Traveler’s Laura Dannen Redman, many of the Tribute Portfolio Homes offerings are available at a “higher-than-average” price point, defined by Traveler as $400-600 per night. (Traveler found that Airbnb Plus offerings were available in the same area for the same days for an average of $300 per night.) The one- and two-bedroom apartments in the analysis offered hotel-like services to guests, including “extra keys, more towels, fans, in-stay housekeeping (additional fee), portable cribs, and high chairs."
Marriott isn't the first major hotel chain to expand its portfolio with homeshare options: In August 2017, Hyatt invested in vacation rental company Oasis, adding 2,000 homes to its 700 hotels…Meanwhile, AccorHotels—which has Fairmont, Sofitel, and Raffles under its umbrella—acquired luxury homeshare leader Onefinestay in 2016, adding 10,000 rentals, all "heavily vetted (inspectors use a 300-point-long checklist) with hotel-level amenities," wrote Traveler's Meredith Carey.
Read More
