Marriott, Concord, Whitman Peterson open first StudioRes

Marriott International has opened the StudioRes Fort Myers, the first-ever StudioRes hotel and the company’s debut in the midscale extended stay segment. The all-studios hotel is now accepting reservations for stays, almost two years to the day since Marriott unveiled the concept. A newly-created brand within the Marriott Bonvoy portfolio, StudioRes was designed to cater to a wide variety of travelers, including those on long-term work trips and assignments, construction projects, relocations and more.

StudioRes marks Marriott’s entry into the midscale extended stay market, and Marriott anticipates strong growth for StudioRes in the coming years, with over 40 properties across the U.S. and Canada anticipated to open by the end of 2027, according to the company. With a fast-to-market construction prototype, StudioRes gives owners and developers a compelling turnkey opportunity with a bundled fee model, and is expected to become Marriott’s most affordable cost-per-key product to develop and build.

“Since unveiling StudioRes only two years ago, we have been thrilled by the reception among owners and franchisees, and we are proud to celebrate this milestone with Concord Hospitality and Whitman Peterson,” Marriott International CFO and EVP, Development Leeny Oberg said in a statement. “We designed StudioRes to provide terrific value for customers with an innovative room design and highly efficient operating model for long-term stays. The fast adoption of the brand also demonstrates the power of the Marriott Bonvoy ecosystem and the importance of our strong developer relationships, while underscoring our continued commitment to providing lodging options for every traveler, price point and trip purpose.”

The 124-key property offers studio-style rooms complete with one or two beds, a lounging area and a kitchen with a stovetop, microwave and full-sized refrigerator. Public spaces include communal spaces, outdoor patios and fitness centers. 

The property's developer is Concord Hospitality and its partner Whitman Peterson. Concord currently operates nearly 80 properties within the Marriott Bonvoy portfolio and expects to develop over 40 StudioRes properties, spanning several dozen submarkets in major U.S. cities.

“Concord Hospitality’s longstanding relationship with Marriott has been defined by strategic alignment, mutual trust and a shared commitment to quality,” said Mark Laport, CEO and president of Concord Hospitality. “Our role in supporting the shaping of Marriott’s next-generation hotel prototypes speaks to the strength of that relationship. The grand opening of the first-ever StudioRes property is a significant milestone—not only for Marriott, but for Concord as we continue to lead in developing high-performing, scalable hospitality assets that meet the evolving needs of today’s extended-stay traveler and deliver long-term value for our investment partners.”

“We are proud to have collaborated with Marriott in the development of its newest brand and in bringing the very first StudioRes to life,” said Paul Novak, partner at Whitman Peterson. “The opening of StudioRes Fort Myers marks my fourth inaugural Marriott brand opening—following Courtyard by Marriott, Fairfield Inn by Marriott, and the first U.S. Aloft Hotel—and it's a privilege to continue that legacy. Whitman Peterson is very confident in StudioRes’ high-growth potential, with several others in our pipeline.”