Highly-curated offering from Homes & Villas by Marriott International brings guests an expansive portfolio of premium and luxury homes across beach and urban areas
Bethesda, MD – WEBWIRE – Tuesday, June 14, 2022
Homes & Villas by Marriott International, Marriott Bonvoys curated and growing collection of premium and luxury whole home rentals around the world, today announced its launch in Australia and New Zealand marking the platforms entrance into Asia Pacific. The expansion into these new markets adds over 350 premium and luxury homes to the platform in prime leisure destinations, including Sydney, Melbourne, Perth, Brisbane and Orange in Australia, and Auckland and Queenstown in New Zealand just to name a few.
With Australias interstate and international borders now open, and with New Zealands borders soon to follow, Homes & Villas by Marriott International is well-positioned to meet the increasing demands from both domestic and overseas travelers for larger groups stays to experience the joy of reconnecting over travel, together. These unique homes provide members of Marriotts award-winning travel program, Marriott Bonvoy, with more options when they travel as a complement to Marriott Bonvoys existing offering of 29 hotels across 13 different brands in Australia and New Zealand. Several of the homes feature balconies, pools, gourmet kitchens and large entertaining areas that make them the ideal place for gatherings.
Homes & Villas by Marriott International was launched in May 2019 to provide Marriott Bonvoy members with more options when they travel, backed by Marriott Internationals 90+ years of expertise in delivering exceptional hospitality experiences. Every home listed on the platform is professionally-managed and selected to ensure it meets the high product and service standards that guests expect of Marriott International in design, cleanliness, safety, reliability and high-end amenities. It is also the only home rental platform to participate in the Marriott Bonvoy travel program, allowing its 164 million+ members to earn and redeem points for all stays.
Private home rental offerings are tremendously popular right now as travelers look for ways to re-connect with loved ones, as well as to continue to balance remote work, school, and leisure. We are thrilled to be bringing Homes & Villas by Marriott International to Australia and New Zealand, providing our guests with a curated selection of the best premium and luxury homes in the market. These homes provide the space and amenities expected from a luxury experience and the backing of a trusted travel company, said Jennifer Hsieh, Vice President, Homes & Villas by Marriott International.
Marriott International works meticulously with selected professional property management groups to craft the ultimate experience – from beachside villas to city penthouses. Making travel even easier, Homes & Villas also offers pet-friendly accommodation enabling guests to enjoy a getaway with their furry companion by their side. Every stay is managed by a specialist property manager and offers 24/7 support for any customer assistance needed during the getaway.
From luxurious countryside houses in vineyards, sprawling houses and magnificent lakeview villas, as well as buzzing city apartments and penthouses, guests will have access to a range of different options in the unique collection of private homes in Australia and New Zealand.
Marriott Bonvoy members who book any of Homes & Villas by Marriott Internationals 65,000+ private home rentals worldwide for 5+nights between 13 June 2022 and 22 June 2022, and complete their stay with check-out on or before December 31, 2022, will earn 2X points, plus a Free Night Award valid for a future stay at participating Marriott Bonvoy hotels.
For more information, please visit Homes & Villas by Marriott.
About Homes & Villas by Marriott International
Launched in May 2019, Homes & Villas by Marriott International is a curated and growing collection of 65,000+ premium and luxury whole home rentals located in 700+ prime destinations throughout the United States, Canada, Europe, the Middle East, Africa, Asia Pacific, the Caribbean and Latin America. Leveraging Marriott Internationals decades of delivering exceptional hospitality experience, each home is professionally managed and meets the companys design, cleanliness, safety and amenity standards. It is also the only home rental offering to participate in the award-winning travel program Marriott Bonvoy, enabling members to earn and redeem points for all stays. Connect with @HomesandVillasbyMarriott on Instagram and Facebook.
May 11, 2022 | Business
Broad Homes and Tencent Cloud enter into strategic partnerships to develop new opportunities in smart buildings. Utilizing Broad Homes’ whole-process digital information system and globalized, large-scale, specialized and intelligent assembly building manufacturing and service capabilities, as well as Tencent Cloud’s advantages in the field of all-true interconnection, digital twin, enterprise digitalization, AI platform and cloud services, the two companies ‘strategic cooperation will focus on market development, technical cooperation and product development to jointly innovate and create development opportunities.
In the future, Broad Homes and Tencent Cloud will together help more traditional enterprises to transform and upgrade. The two companies will carry out targeted cooperation and R&D in the fields of smart parks, smart communities, and true interconnection. Efforts will go towards creating key cooperation projects in the fields of intelligent construction, smart cities, industrial towns and digital upgrading of enterprises, and replicate and promote them nationwide to achieve wider and deeper strategic cooperation.
The regulation and control policies of the real estate industry are expected to be continuously relaxed, and affordable rental housing will drive the demand for prefabricated construction.
In 2021, China continued to increase its real estate regulation policies, and the regulation methods, intensity and detail were significantly upgraded. With the intensive introduction of a series of regulatory schemes to strengthen the prudent management of real estate finance, the real estate market suddenly cooled down. By the end of 2021, investment in China’s real estate industry had recorded an annual growth rate of only 4.4%, lower than the 7% growth rate in 2020. In the first half of 2021, the number of new construction projects was relatively strong. However, due to the release of the pressure of regulatory measures in the second half of the year, the year-on-year decline was 11.4%.
Since this year, the government issued several easing policies for the real estate industry. On the one hand, it has reversed residents’ expectations, on the other hand, it has encouraged real estate investment and guided the industry to develop steadily in a positive and healthy direction through policies. For the prefabricated construction industry, the development goals of affordable rental housing, building energy conservation and green building have been issued recently, which provides a strong catalyst for industry development in the coming years. At the same time, the Ministry of Housing and Urban-Rural Development announced clear targets for affordable rental housing in 40 key cities during the 14th Five-Year Plan period. It plans to build 1.9 million new affordable rental housing units by the end of this year and 6.5 million new units by 2025, hoping to resolve the housing difficulties of 13 million people. According to market analysis, the new plan of affordable rental housing will benefit the construction demand of prefabricated buildings and accelerate industry development. The benefit comes from the two advantages of prefabricated buildings: 1) shorter construction cycle in comparison to traditional construction methods; 2) reduction in overall labor cost and environmental burdens. For developers, the shortening of the construction cycle is very important, because expedited delivery will allow earlier generation of rental income. According to the calculation of Everbright Securities, if the rental price of affordable housing is estimated to be 40 RMB/m2 per month, and if the construction period for building structure and decoration is shortened by 9 months, the corresponding rental value will be 360 RMB/m2. Under current industry circumstances with the price of prefabricated buildings equaling that of traditional buildings, there is no doubt that prefabricated building is a more valued method of construction.
In March this year, the Ministry of Housing and Urban-Rural Development released the “14th Five-Year Plan for the Development of Energy Efficient and Green Buildings”, further clarifying the country’s determination to promote high-quality development of green buildings. The plan states that by 2025, prefabricated buildings will account for 30% of newly built housing in cities and towns (the ratio was 9.1% in 2018). The policy clarified the need for green and low-carbon construction in the county and how assembled modular buildings can be well adapted to modernize the construction of farmhouses and villages to create green and low-carbon villages.
Specific targets for building energy efficiency and green building development in the “14th Five-Year Plan” period
Main Targets / By 2025
Energy saving reconstruction area of existing buildings (100 million m2) / 3.5
Construction area of ultra-low energy consumption and near-zero energy consumption (100 million m2) / 0.5
Proportion of prefabricated buildings in new urban buildings / 30%
Proportion of electricity consumption in building energy consumption / 55%
Broad Homes is a leader in China’s prefabricated construction industry, promoting multifaceted growth.
Broad Homes is the first prefabricated construction stock to IPO in Hong Kong, which was officially listed on the Main Board of Hong Kong Stock Exchange in November 2019. Broad Homes is a leading company in the prefabricated construction industry. The industry is highly policy-driven and an increase in market demand helps to drive down the costs of prefabricated construction. The current price competition in the prefabricated construction industry is fierce, and the price of some assembled buildings is getting closer to that of traditional cast-in-place constructed buildings, which is one of the signs of rapid industry growth.
After the impact of the COVID pandemic and overall industry downturn in 2021, Broad Homes recently submitted a solid financial report. As of December 31, 2021, Broad Homes reported total revenue of RMB 3.059 billion, up 21.8% year-over-year with solid operating cash flow and cash reserves. In addition, on January 17, 2022, Broad Homes reported that both new contracts signed and outstanding contracts at hand in 2021 reached record highs, with the total value of new contracts signed for the PC business in 2021 increasing by 20.9% year-on-year to RMB4.947 billion and the total value of outstanding contracts in hand increasing by 24.1% year-on-year to RMB6.448 billion, with solid profitability estimates.
In March 2021, Box MODUL (Broad Homes ‘modular integrated product) was officially released, which is a prefabricated and modular residential finished product produced by making full use of prefabricated construction technology. The product was launched in July and started to ramp up by September 2021. In less than six months, the product was delivered to 16 provinces, involving innovative application scenarios of cultural tourism, public, office, medical and other scenes. According to the data, as of December 31, 2021, Broad Homes obtained RMB154 million of newly signed contracts and realized RMB82 million of revenues. At the same time, the company’s B-House series have also achieved good growth in demand with the help of the recent frequent introduction of affordable rental housing policies and rural revitalization targets.
Topic: Press release summary
Sectors: Cloud & Enterprise, Construct, Engineering
From the Asia Corporate News Network
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Oct 16, 2021 | Business
As the real estate sector in India slowly began resurrecting itself from the heavy blow of the pandemic, many realtor startups have now emerged to ease the transition. Joining their ranks is Homes247.in, the flagship brand of VSNAP Technology Solutions Pvt Ltd ( previously known as VSNAP Advisory Services Pvt Ltd).
The property portal has already made its mark known across its native Bangalore and other south Indian metros like Hyderabad and Chennai. But with its recent foray into rentals and resale through its real estate website along with home buying options has made it an ambitious contender to the existing titans of the industry.
However, its entry into data research and analytics has indeed come as a surprise to most of its peers. Priyatham Kumar, the CEO of Homes247.in, has stated that the company will direct its full efforts to develop a complete ecosystem around “Home” from A to Z.
Especially after the COVID-19 lockdowns, as the whole country has embraced the digital frontier, portals like Homes247 is trying to make the maximum out of the opportunity by giving the customers instant and easy solutions by filtering out the chaos that is always associated with real estate listings and by protecting the ordinary populace from the notorious fraudulent practices prevalent in the industry.
As the whole industry is set to be digitized, the forerunners will always be at an advantage. Sensing this, many startups have already begun to take the right steps to rope in more clientele to the sector, and in the future, there might be whole different variants of investment choices in the real estate sector of India rather than just buying or renting out pieces of land or living spaces. This is where data research and analytics come into play. Homes247.in is now curating up the information and transforming them into something more than just numbers to enhance their products. Thus to better serve their clientele.
Though already possessing a fine collection of data scientists and researchers in-house, Homes247.in is also in talks to acquire data analytic firms to finetune their efforts.