Industry Update
Press Release13 July 2021

We’ll Take Five! MCR Purchases A Handful Of Marriott And Hilton Hotels For $94 Million

The Nation’s 4th-largest Hotel Owner-operator Acquires A Portfolio Of Limited Service And Extended Stay Marriott And Hilton Hotels In Seattle, Dallas And Houston.

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MCR

High five! MCR, the country’s 4th-largest hotel owner-operator, has acquired a quintet of premium-branded hotels in Texas and Washington.

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Totaling 674 rooms, the five hotels are situated in some of the highest growing metropolitan regions in the United States, including the aerospace hub of Renton, Washington (which has pumped out 14,500 Boeing airplanes!), Dallas’s Telecom Corridor and Houston’s Energy Corridor. The portfolio includes four Marriotts and one Hilton. MCR purchased the five hotels for $94 million.

Located directly across from Boeing’s one-million-square-foot Renton airplane assembly plant, where 737 jets are manufactured, the 146-room Residence Inn by Marriott Seattle South/Renton is just 20 minutes from downtown Seattle and 10 minutes from Seattle-Tacoma International Airport and King County International Airport-Boeing Field. Built in 2019, the waterfront hotel features sweeping views of Lake Washington! The pet-friendly, extended stay property has feels-like-home amenities including free Wi-Fi, fully equipped kitchens in every suite, a fitness center and an outdoor patio with a grill. Don’t feel like cooking? Start your day with a complimentary hot breakfast or pick up a snack from the on-site market. At night, relax at the Lobby Bar, which serves locally crafted Pacific Northwest beers and light bites.

In the Telecom Corridor, a 6.5-mile business strip on Route 75 in Richardson, Texas, the 132-room Courtyard by Marriott Dallas Plano/Richardson and the 129-suite Residence Inn by Marriott Dallas Plano/Richardson are just across from State Farm Insurance’s two-million-square-foot corporate campus at the 186-acre mixed-use development CityLine. The hotels are also within minutes of Blue Cross Blue Shield’s one-million-square-foot headquarters, AT&T, Verizon and 6,000 other companies. Just a half hour from downtown Dallas and 25 minutes from Dallas-Fort Worth Airport and Dallas Love Field Airport, both hotels — which are next door to one another — boast free Wi-Fi, an outdoor pool, a fitness center and a convenience store. The Courtyard has a Starbucks and an on-site restaurant, while the extended stay Residence Inn offers kitchens in every suite and a patio for barbecues!

On Interstate 10, just 25 minutes from downtown Houston in the city’s Energy Corridor, the 132-room Courtyard by Marriott Houston I-10 West/Park Row and the 135-room Hampton Inn & Suites by Hilton Houston I-10 West/Park Row are near the headquarters of more than 300 companies, including the Wood Group and BP America. They’re also within walking distance of Texas Children’s and Houston Methodist hospitals. Both hotels offer free Wi-Fi, a fitness center and an outdoor pool. The Hampton Inn has free breakfast, while the Courtyard’s Bistro serves breakfast and dinner (along with Starbucks beverages!).

The Residence Inn by Marriott Seattle South/Renton is located at 1200 Lake Washington Boulevard North and features:

• 146 pet-friendly suites, each with a sofa bed and fully-equipped kitchen
• Complimentary breakfast featuring classic American favorites
• A barbecue and picnic area
• A convenience store
• A lobby bar offering locally crafted Pacific Northwest brews and wines
• Free Wi-Fi
• A 24-hour fitness center with free weights and cardio equipment
• 600 square feet of meeting space for up to 48 people

Reserve rooms by phone at (425) 687-0485 or online at marriott.com.

The Courtyard by Marriott Dallas Plano/Richardson is located at 1805 East President George Bush Highway and features:

• 132 guestrooms with mini fridges, microwaves and large workspaces
• A convenience store
• The Bistro, featuring breakfast, dinner, cocktails and Starbucks beverages
• Free fast Wi-Fi
• A 24-hour fitness center
• Free Wi-Fi
• An outdoor swimming pool
• 672 square feet of meeting space for up to 40 people

Reserve rooms by phone at (972) 516-2949 or online at marriott.com.

The Residence Inn by Marriott Dallas Plano/Richardson is located at 1705 East President George Bush Highway and features:

• 129 pet-friendly suites, each with a sofa bed and fully-equipped kitchen
• Complimentary breakfast featuring classic American favorites
• Free grocery shopping service
• A barbecue and picnic area
• A convenience store
• Free fast Wi-Fi
• A 24-hour fitness center with free weights and cardio equipment
• An outdoor swimming pool

Reserve rooms by phone at (972) 424-9101 or online at marriott.com.

The Courtyard by Marriott Houston I-10 West/Park Row is located at 18010 Park Row Drive and features:

• 132 guestrooms with mini fridges, microwaves and large workspaces
• A convenience store
• The Bistro, featuring breakfast, dinner, cocktails and Starbucks beverages
• A covered outdoor patio with deep-cushioned sofas and chairs
• Free fast Wi-Fi
• A 24-hour fitness center with free weights and cardio equipment
• An outdoor swimming pool
• 676 square feet of meeting space for up to 45 people

Reserve rooms by phone at (281) 492-7979 or online at marriott.com.

The Hampton Inn & Suites by Hilton Houston I-10 West/Park Row is located at 18014 Park Row Drive and features:

• 135 guestrooms with full refrigerators and microwaves
• Complimentary breakfast
• A covered outdoor picnic area
• Free shuttle service to Energy Corridor business locations
• A convenience store
• Free in-room Wi-Fi
• A fitness center
• An outdoor swimming pool
• 575 square feet of meeting space

Reserve rooms by phone at (281) 578-6700 or online at hilton.com.

Related Brands

Courtyard

Courtyard by Marriott is the hotel brand of choice for trailblazing guests who are inspired by a passion to do great things. With more than 1,250 locations in over 55 countries and territories, Courtyard is passionate about empowering its guests and serving the needs of travelers everywhere, no matter the purpose of their trip.
brand information

Residence Inn

Residence Inn by Marriott is the global leader in the longer stays lodging segment with more than 870 properties in over 15 countries and territories. Guests have the freedom to travel the way they live with Residence Inn’s spacious suites featuring distinct living, working, and sleeping spaces.
brand information

Hampton by Hilton

As the number one ranked lodging franchise for the past 10 years, according to Entrepreneur®, Hampton by Hilton, including Hampton Inn by Hilton and Hampton Inn & Suites by Hilton, serves value-conscious and quality-driven travelers at more than 2,450 properties with more than 254,000 rooms in 27 countries and territories.
brand information
Other Brands operated by MCR
Autograph Collection Hotels
Courtyard
Fairfield Inn & Suites®
Hampton by Hilton
Hilton Garden Inn
Hilton
Home2 Suites
Homewood Suites
Residence Inn
SpringHill Suites
Staybridge Suites
TownePlace Suites

About MCR

MCR is the seventh largest hotel owner-operator in the country and owns a portfolio of 82 premium hotel properties with over 9,800 keys in 21 states. MCR’s hotels are operated under 10 brands and the firm is headquartered in New York City and Dallas. In 2015, MCR was awarded the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners for hospitality excellence. For more information, please visit:www.mcrdevelopment.com.

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