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Marking
The Debut Of The Four Points Flex Brand In Asia Pacific, This Opening
Underscores The Company’s Strategic Growth In The Affordable Midscale Segment
Marriott
International, Inc. (NASDAQ: MAR) reached a significant milestone in Japan
today with the opening of its 100th property in Japan - Four Points
Flex by Sheraton Osaka Umeda. This event also marks the inaugural debut of
the Four Points Flex by Sheraton brand in Asia Pacific excluding
China alongside global investment firm KKR, underscoring Marriott’s continued
commitment to the midscale segment.
This
milestone is further celebrated by the anticipated opening of twelve additional
Four Points Flex by Sheraton properties across Japan this year, which will also
mark the company’s entry to key cities such as Morioka and Kanazawa. In
collaboration with global investment firm KKR, this conversion-friendly
expansion is expected to see a total of 14 properties join the brand in Japan
through early 2025, adding over 3,600 rooms to Marriott’s growing portfolio
across prominent destinations including Hakodate, Utsunomiya, Yokohama, Nagoya,
Osaka, Kyoto, Kobe, and Hakata.
In
these markets, Four Points Flex by Sheraton hotels are found in locations
within easy reach of public transit and city centers and offer guests traveling
for work or leisure a friendly and efficient stay. Designed for the
value-conscious consumer, the brand focuses on the fundamentals with principles
of reliability, simplicity and value in both the design and guest experience,
offering clean, comfortable rooms that include essential amenities,
complimentary Wi-Fi and a local breakfast option. The hotels will provide
guests with the genuine, welcoming service that Marriott Bonvoy’s portfolio of
brands is renowned for, delivering an effortless and relaxing experience at an
affordable price.
“We
are thrilled to announce the opening of our 100th property in Japan and
introduce the Four Points Flex by Sheraton brand to Asia Pacific through this
strategic transaction with KKR” said Anthony Capuano, President and CEO,
Marriott International. “With 22 of our brands now present across 30
prefectures, Japan continues to be a dynamic growth market for us, making it
the perfect place to continue expanding in the affordable midscale segment. As
a world-renowned travel destination, Japan offers tremendous opportunities for
us to expand into new segments, catering to the evolving needs of both domestic
and international travelers.”
Kensuke
Kudo, Managing Director, Real Estate, at KKR, said, “As demand for midscale
hotels scales alongside rising international and domestic tourism in Japan, we
expect the need for high-quality and comfortable accommodation at great value
will continue to increase. We are pleased to collaborate with Marriott to bring
the Four Points Flex by Sheraton brand to Asia, adding to our hospitality
portfolio in Japan and globally. We look forward to leveraging our global real
estate investment and operational expertise and Marriott’s heritage in creating
outstanding hospitality experiences to deliver quality, affordable and
enjoyable hotel stays for travelers in Japan.”
Four
Points Flex by Sheraton is part of Marriott’s award-winning Marriott Bonvoy® loyalty
program, with over 219 million members worldwide. Members can earn points for
stays at hotels and resorts, including all-inclusive resorts and premium home
rentals, as well as through everyday purchases with co-branded credit cards.
With Marriott Bonvoy®, guests can enjoy seamless experiences, exclusive member
rates and access to unique experiences that enrich their travels, ensuring that
every stay is not just a visit, but a memorable journey.
As
part of a series of planned openings across Japan from now through early 2025,
the Four Points Flex by Sheraton properties expected to debut include:
Four
Points Flex by Sheraton Osaka Umeda (opened)
Four
Points Flex by Sheraton Nagoya Station
Four
Points Flex by Sheraton Osaka Shinsaibashi
Four
Points Flex by Sheraton Kanazawa
Four
Points Flex by Sheraton Shin Osaka
Four
Points Flex by Sheraton Yokohama West
Four
Points Flex by Sheraton Kobe Sannomiya
Four
Points Flex by Sheraton Osaka Kitahama
Four
Points Flex by Sheraton Kyoto Oike
Four
Points Flex by Sheraton Utsunomiya
Four
Points Flex by Sheraton Hakodate Station
Four
Points Flex by Sheraton Morioka
Four
Points Flex by Sheraton Osaka Honmachi
Four
Points Flex by Sheraton Fukuoka Hakata
Image
Credit: © Marriott International
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