JNR acquires two Marriott-branded extended-stay hotels in Boston suburbs
Published November 8th, 2022
The portfolio includes the 125-key Residence Inn Boston Framingham and the 96-key Residence Inn Boston Norwood/Canton. Each hotel offers spacious suites with separate living/sleeping areas, fully equipped kitchens, complimentary hot breakfast and free WiFi. In addition, the properties feature a fitness center, business center, and indoor pool.
JNR has retained the Residence Inn by Marriott brand for both hotels under a long term franchise agreement with Marriott International Inc. JNR has plans to renovate the hotels comprehensively and it includes a total refresh in all guest rooms, common spaces, aesthetic updates, bath upgrades in guest rooms, and enhancements to the exterior. The hotels will remain open for business during renovations.
The hotel in Framingham is 25 miles west of Boston at the intersection of Interstate 90 and Route 9. The Norwood location is 23 miles southwest of downtown Boston and 29 miles Northeast of Providence just off Route 1. Both locations benefit from their strategic positions near local corporations which generate lodging demand.