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Partnership Has Its Privileges! MCR Wins Marriott’s Top Honor

January 9, 2019

NEW YORK--(BUSINESS WIRE)--Jan 9, 2019--What a dream team! MCR, the sixth-largest hotel owner-operator in the United States, has received Marriott’s Partnership Circle Award, the highest honor Marriott (NASDAQ:MAR) presents to its owner and franchise partners.

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The MCR team celebrated their Marriott Partnership Circle Award in San Diego on December 17, 2018. (Photo: Business Wire)

The Partnership Circle Award honors companies that share a mutual, long-term commitment to Marriott and fully live its vision — including focusing on employees to create a well-managed, inspired workforce and providing outstanding customer service.

Arne M. Sorenson, President and CEO of Marriott International, presented the award to the MCR team — which has invested in 60 Marriott-branded properties since 2006 — during the Marriott CONNECT Conference held at the San Diego Marriott Marquis December 17-19, 2018. MCR first won the Partnership Circle Award in 2015.

“We thank Marriott for recognizing us as a Partnership Circle Award recipient,” says Tyler Morse, CEO and Managing Partner of MCR. “This award belongs to every one of our 3,000 MCR team members — that includes the Acquisitions & Development and Operations teams that find and oversee our properties, as well as the general managers, housekeepers and others who work tirelessly to give each guest an exceptional experience.”

MCR recently opened the Courtyard by Marriott Dulles Airport Herndon in Virginia and the Residence Inn by Marriott Fort Lauderdale Pompano Beach in Florida. Both properties boast outstanding customer service and amenities — such as free fast Wi-Fi — that continue MCR and Marriott’s commitment to operating world-class hotels.

About MCR

MCR is the sixth-largest hotel owner-operator in the country and has invested in and developed 104 hotel properties with more than 12,000 rooms in 27 states. MCR’s hotels are operated under 11 brands. The firm has offices in New York City and Dallas. MCR is a recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, as well as the Hilton 2017 Top Performer Award. For more information, please visit  mcrinvestors.com.

About Marriott International

Marriott International, Inc. (NASDAQ:MAR) is the world’s largest hotel company based in Bethesda, Maryland, USA, with more than 6,700 properties in 129 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company’s 30 leading brands include: Bulgari ®, The Ritz-Carlton ® and The Ritz-Carlton Reserve ®, St. Regis ®, W ®, EDITION ®, JW Marriott ®, The Luxury Collection ®, Marriott Hotels ®, Westin ®, Le Meìridien ®, Renaissance ® Hotels, Sheraton ®, Delta Hotels by Marriott℠, Marriott Executive Apartments ®, Marriott Vacation Club ®, Autograph Collection ® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels ®, Courtyard ®, Four Points ® by Sheraton, SpringHill Suites ®, Fairfield Inn & Suites ®, Residence Inn ®, TownePlace Suites ®, AC Hotels by Marriott ®, Aloft ®, Element ®, Moxy ® Hotels, and Protea Hotels by Marriott ®. The company also operates award-winning loyalty programs: Marriott Rewards ®, which includes The Ritz-Carlton Rewards ®, and Starwood Preferred Guest ®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005035/en/

CONTACT: info@mcrinvestors.com

(212) 277-5602

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TRAVEL DESTINATIONS VACATION LODGING

SOURCE: MCR

Copyright Business Wire 2019.

PUB: 01/09/2019 08:00 AM/DISC: 01/09/2019 08:00 AM

http://www.businesswire.com/news/home/20190109005035/en

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