Marriott
is to launch its deluxe serviced apartment brand, Marriott Executive Apartments (MEA), in
Kazakhstan later this year under a management agreement with CP Residential Atyrau LLC, an
affiliate of Capital Partners.
The 21-story, 160-unit property will be located on Satpaeva Street in Atyrau and will be
one the first internationally branded serviced apartments in the city. It will be the anchor of a 19,000-square meter,
mixed-use project that will also feature 230 square meters of office space and 1,450 square meters of
retail and food and beverage outlets. The Renaissance Atyrau Hotel, also managed by Marriott
International, is located approximately 800 meters from the site.
Atyrau, located at the mouth of the Ural River on the north coast of the Caspian Sea, is now the
capital of Kazakhstan’s oil industry. The Atyrau
International Airport is located approximately 15 minutes from the city center and is served by a number of regional carriers.
“We continue to be excited by our expanding presence in Kazakhstan and, along with Capital Partners, to be able to play a meaningful role
in the rapid economic development of the country,” said Arne Sorenson, chief financial officer of Marriott International and president of
European lodging.
Meant for extended-stay travelers, Marriott Executive Apartments offer the comforts of home plus upscale hotel services, including
around-the-clock staffing, housekeeping and laundry services. Each one and two-bedroom unit provides a fully equipped kitchen and
dedicated work and relaxation areas.
The Marriott Executive Apartments Atyrau will offer breakfast daily in the lobby resident’s lounge. Other amenities will include a fitness
center, 24-hour room service, in-unit mini-bar and laundry/valet service.
There currently are 15 Marriott Executive Apartments in key global cities such as Brussels, London, Prague, Dubai, Bangkok, Budapest,
Mumbai, Tokyo and Sao Paulo. Additional Marriott Executive Apartments are scheduled to open in Gurgaon (India), Seoul, Cairo, Doha
(Qatar) and Sharjah (United Arab Emirates) in the next 24 months.
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