Marriott ExecuStay Expands into Upstate New York
New Franchise Partner Albany Corporate Housing Joins Corporate Housing Leader
May 27, 2011 - Marriott ExecuStay®, a leader in furnished apartments, temporary housing, and corporate housing is pleased to announce the expansion of ExecuStay's franchise system into the Albany and Saratoga Springs markets in New York. These markets will be operated by Albany Corporate Housing, LLC, a division of Prime Companies based in Latham, N.Y.
Albany Corporate Housing has selected Danica Ehmann as general manager responsible for the territory which encompasses Albany, Saratoga, Rensselaer, Schenectady and Warren, N.Y., counties. Ehmann, a graduate of Rensselaer Polytechnic Institute, brings her experience in procurement consulting, property management and local market knowledge to the role.
“This market has seen a significant increase in demand in recent years due to the development of the region as a nanotech hub including research and development and support related businesses,” said Adam Sherer. “Danica has a strong knowledge of this market and will make an incredible addition to our team.”
Prime Companies was started by Ken Raymond in the early 1980s as a portfolio of real estate companies. In 1994, Dean Devito joined Prime Companies and now serves as a principal and managing partner for many of Prime Companies' real estate ventures, including Albany Corporate Housing, LLC. Their current portfolio includes hotel and apartment ownership, residential and commercial brokerage and real estate services, property management and development and real estate asset management.
Marriott ExecuStay®, the 2010 Company of the Year by the Corporate Housing Providers Association, offers guests of 30 days or more the spaciousness and privacy of a furnished apartment found in more than 700 locations in the United States. Monthly rates include utilities, cable, free wireless and high-speed Internet access, and 24/7 customer service. Apartments are furnished to order, with Elite Dreamer® bedding, television, DVD player, full kitchen including essential cookware, bath linens and laundry facilities. Guests can enjoy the added benefit of earning Marriott Rewards® points, the company's award-winning frequent travel program. In addition, the ExecuStay Insurance Housing Solutions division provides temporary housing for those impacted by unforeseen events. Marriott ExecuStay is part of Marriott International's extended-stay lodging portfolio, which also includes Residence Inn, TownePlace Suites and Marriott Executive Apartments. For more information or reservations, please visit our website at ExecuStay.com or view an apartment online at www.ExecuStay.com/videotour.
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Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
