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Logo of the former brand, Fairfield Inn & Suites (1987–2019) Marriott International developed the concept for Fairfield Inn in the late 1980s to compete with other economy limited-service (ELS) hotel chains (below $45 a night) like Days Inn, Hampton Inn, and Red Roof Inn. The first location opened in October 1987 in Atlanta, Georgia.
[15] [13] This was followed the next year with the acquisition of Electronic Realty Associates for $37 million, [16] and Coldwell Banker for $740 million, making HFS the largest franchisor of real estate brokerages in the U.S. [17] In 1996, HFS acquired the Avis car rental company for $793 million.
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco , [ 1 ] and has approximately 3000 offices in 49 countries and territories. [ 2 ]
Marriott International's headquarters in Bethesda, Maryland. Marriott International is the largest hotel company in the world by the number of available rooms. It has 36 brands with 8,785 properties containing 1,597,380 rooms in 141 countries and territories. [1]
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