SpringHill Suites By Marriott

Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: ookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was — 1.2%

  “gs from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was 0.7%; the median bookings from OTAs was 10.9%; the median bookings from GDS was 13.0%; and the median bookings from all Reservation Channels was 79.3%. “Gross Room Night Bookings” means the total number of room nights booked at a hotel, including bookings that are subsequently cancelled. In calculating these percentages, we divided the total number of gross room nights booked through each type of Reservation Channel at all of the 88 Included Hotels by the total number of gross room nights booked at all of the 88 Included Hotels. The “median” is the middle data point in the range of performance data.”

  Note: The p.119 prose says the median is for 510 Included Hotels, but the same page's calculation note says the median calculation uses 88 Included Hotels. The FDD does not resolve which sample applies.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or — 32.1%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: The p.118 threshold claim names 508 STR Included Hotels, but the FDD defines these as franchised and also says only 13 of 579 hotels were franchised. This source conflict prevents confirming the ownership population.

• Item 19 · PDF p. 117 · 2026 FDD

  Our summary: 508STRsample Occupancy

  “2025 $150.69 71.2% $107.34 112.7”

  Note: The p.117 table reports this metric for STR Included Hotels and defines that group as franchised; p.118 says only 13 of 579 hotels were franchised while 508 were STR Included Hotels. The FDD does not resolve this ownership-count conflict.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded — 71.2%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: eeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded — 107.34

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: he 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of — 98.6

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: For the 526 1-Year Comp Hotels, p.118 reports this value but also says only 13 of 579 hotels were franchised. The conflicting ownership counts prevent confirming the applicable population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: otels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or — 36.1%

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: For the 526 1-Year Comp Hotels, p.118 reports this value but also says only 13 of 579 hotels were franchised. The conflicting ownership counts prevent confirming the applicable population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: 508STRIncludedHotels — 163 hotels

  “these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged fr”

  Note: P.118 identifies 508 STR Included Hotels, but also says only 13 of 579 hotels were franchised. This conflicts with the definition of the included group as franchised, so its ownership population cannot be confirmed.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: 510reservationsample — 247 hotels

  “175 hotels or 34.3% of hotels received 13.5% or more of their total gross room night bookings OTAs; 247 hotels or 48.4% of hotels received 13.4% or more of their total gross room night bookings from GDS; and 300 hotels or of hotels received 77.5% or more of their total gross room night bookings from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was 0.7%; the median bookings from OTAs was 10.9%; the median bookings from GDS was 13.0%; and the median bookings from all Reservation Channels was 79.3%. “Gross Room Night Bookings” means the total number of room nights booked at a hotel, including bookings t”

  Note: P.119 ties this count to 510 Included Hotels, but p.118 has conflicting franchised counts; the booking percentages also cite an 88-hotel calculation denominator. Applicable population is unresolved.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: % of the total room night revenue at Included Hotels, with an average daily spend of — 155

  “t Bonvoy member paid room nights generated an average of approximately 63.7% of the total room night revenue at Included Hotels, with an average daily spend of $155.00 per member paid room night, not including taxes and tips. During 2025, Marriott Bonvoy generated a total of 9,114,000 member paid room nights for Included Hotels and approximately $1,454,759,000 in eligible spend, not including taxes and tips. A “member paid room night” means a room night during which a Marriott Bonvoy member occupied a room at an Included Hotel and was awarded loyalty points for the stay. It does not include (1) room nights redeemed by Marriott Bonvoy members, (2) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (3) room nights booked by Marriott Bonvoy members using OTAs, and (4) wholesale and crew room nights booked by Marriott Bonvoy Members. During 2025, of the 510 Included Hotels, 185 hotels or 36.5% of hotels met or exceeded the average daily spend per Marriott Bonvoy member paid room night, and the median average daily spend per member paid room night was $146”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: 510loyaltysample — 275 hotels

  “4 hotels or 46.2% met or exceeded the average number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the average loyalty program contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member room nights for the Included Hotels by the total occupied room nights for the Included”

  Note: P.120 reports 275/510 Included Hotels met/exceeded 67.1% loyalty occupancy contribution in 2025. Population ownership conflicts: p.121 says franchised hotel performance, but p.118 says only 13 of 579 hotels were franchised (and 508 were STR Included Hotels). Cannot confirm the loyalty popul

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: 510reservationsample — 215 hotels

  “ites by Marriott received 47.9% or more of their total gross room night bookings from Marriott.com; 215 hotels or 42.2% of hotels received 1.3% or more of their total gross room night bookings from Voice Reservations; 196 hotels or 38.4% of hotels received 1.3% or more of their total gross room night bookings from CECs; 175 hotels or 34.3% of hotels received 13.5% or more of their total gross room night bookings OTAs; 247 hotels or 48.4% of hotels received 13.4% or more of their total gross room night bookings from GDS; and 300 hotels or of hotels received 77.5% or more of their total gross room night bookings from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings fro”

  Note: P.119 ties this count to 510 Included Hotels, but p.118 has conflicting franchised counts; the booking percentages also cite an 88-hotel calculation denominator. Applicable population is unresolved.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: d a total of 9,114,000 member paid room nights for Included Hotels and approximately — 1454759000

  “ night, not including taxes and tips. During 2025, Marriott Bonvoy generated a total of 9,114,000 member paid room nights for Included Hotels and approximately $1,454,759,000 in eligible spend, not including taxes and tips. A “member paid room night” means a room night during which a Marriott Bonvoy member occupied a room at an Included Hotel and was awarded loyalty points for the stay. It does not include (1) room nights redeemed by Marriott Bonvoy members, (2) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (3) room nights booked by Marriott Bonvoy members using OTAs, and (4) wholesale and crew room nights booked by Marriott Bonvoy Members. During 2025, of the 510 Included Hotels, 185 hotels or 36.5% of hotels met or exceeded the average daily spend per Marriott Bonvoy member paid room night, and the median average daily spend per member paid room night was $146.00. B. Loyalty Contribution to Occupancy The chart below shows the average number of room night stays by Marriott Bonvoy members at Included Hotels during 2025 and the average Marriott Bo”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: median bookings from Voice Reservations was 1.2%; the median bookings from CECs was — 0.7%

  “e 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was 0.7%; the median bookings from OTAs was 10.9%; the median bookings from GDS was 13.0%; and the median bookings from all Reservation Channels was 79.3%. “Gross Room Night Bookings” means the total number of room nights booked at a hotel, including bookings that are subsequently cancelled. In calculating these percentages, we divided the total number of gross room nights booked through each type of Reservation Channel at all of the 88 Included Hotels by the total number of gross room nights booked at all of the 88 Included Hotels. The “median” is the middle data point in the range of performance data.”

  Note: P.119 describes 510 Included Hotels for median bookings, then says its calculation used all 88 Included Hotels; p.118 also gives conflicting franchised counts. The sample and ownership context cannot be settled.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: ercentage of Total Bookings by Included Hotels Marriott.com 47.9% Voice Reservations — 1.3%

  “n Channels’ Contributions to 2025 Room Night Bookings Reservation Channel Percentage of Total Bookings by Included Hotels Marriott.com 47.9% Voice Reservations 1.3% CECs 1.3% OTAs 13.5% GDS 13.4% All Reservation Channels 77.5% During 2025, of the 510 Included Hotels, 285 hotels or SpringHill Suites by Marriott received 47.9% or more of their total gross room night bookings from Marriott.com; 215 hotels or 42.2% of hotels received 1.3% or more of their total gross room night bookings from Voice Reservations; 196 hotels or 38.4% of hotels received 1.3% or more of their total gross room night bookings from CECs; 175 hotels or 34.3% of hotels received 13.5% or more of their total gross room night bookings OTAs; 247 hotels or 48.4% of hotels received 13.4% or more of their total gross room night bookings from GDS; and 300 hotels or of hotels received 77.5% or more of their total gross room night bookings from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was ”

  Note: P.119 assigns this share to Included Hotels, but p.118 says only 13 of 579 hotels were franchised while defining Included Hotels as franchised. The ownership context is unresolved.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: n 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded — 150.69

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: The p.118 threshold claim names 508 STR Included Hotels, but the FDD defines these as franchised and also says only 13 of 579 hotels were franchised. This source conflict prevents confirming the ownership population.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: ht Revenue Percentage Contribution to Room Night Revenue by all Reservation Channels — 78.7%

  “3925194_2 111 Marriott Reservation Channels’ Contributions to 2025 Room Night Revenue Percentage Contribution to Room Night Revenue by all Reservation Channels 78.7% During 2025, of the 510 Included Hotels, 286 SpringHill Suites by Marriott hotels or 56.1% received 78.7% or more of their annual room night revenue from the Reservations Channels, and the median contribution to room night revenue was 79.7%. “Room night revenue” means the total per-room fees and charges invoiced to the guest at the time a reservation is made (including resort fees, destination fees, and mandatory surcharges for facilities invoiced at the time of booking), regardless of whether the booking is subsequently cancelled. “Room night revenue” excludes sales, tax, value added tax, or similar taxes on such revenue. In calculating this percentage, we divided the sum of room night revenue invoiced by all of the Included Hotels from bookings directly through the Reservation Channels by the total room night revenue invoiced by all of the Included Hotels from all bookings during 2025. The “median” is the middle data point in th”

  Note: P.119 assigns this value to 510 Included Hotels, but p.118 says only 13 of 579 hotels were franchised despite defining Included Hotels as franchised. Ownership context is unresolved.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: 2.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or — 51.4%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: Included Hotels Marriott.com 47.9% Voice Reservations 1.3% CECs 1.3% OTAs 13.5% GDS — 13.4%

  “025 Room Night Bookings Reservation Channel Percentage of Total Bookings by Included Hotels Marriott.com 47.9% Voice Reservations 1.3% CECs 1.3% OTAs 13.5% GDS 13.4% All Reservation Channels 77.5% During 2025, of the 510 Included Hotels, 285 hotels or SpringHill Suites by Marriott received 47.9% or more of their total gross room night bookings from Marriott.com; 215 hotels or 42.2% of hotels received 1.3% or more of their total gross room night bookings from Voice Reservations; 196 hotels or 38.4% of hotels received 1.3% or more of their total gross room night bookings from CECs; 175 hotels or 34.3% of hotels received 13.5% or more of their total gross room night bookings OTAs; 247 hotels or 48.4% of hotels received 13.4% or more of their total gross room night bookings from GDS; and 300 hotels or of hotels received 77.5% or more of their total gross room night bookings from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was 0.7%; the median bookings from”

  Note: P.119 says 510 Included Hotels, but its booking calculation refers to 88; p.118 also has conflicting franchised counts. The applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: ear Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or — 31%

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: For the 526 1-Year Comp Hotels, p.118 reports this value but also says only 13 of 579 hotels were franchised. The conflicting ownership counts prevent confirming the applicable population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: 508STRIncludedHotels — 261 hotels

  “tels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 identifies 508 STR Included Hotels, but also says only 13 of 579 hotels were franchised. This conflicts with the definition of the included group as franchised, so its ownership population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: 508STRIncludedHotels — 34 hotels

  “ed $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: The p.118 source text reads “$107.34 hotels or 37.4%” for RevPAR, giving no count. The extracted 34 is unsupported, and the page cannot settle the count.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: STR medianRevPAR

  “the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: ghts was 19,000; and the median annual loyalty program contribution to occupancy was — 67.8%

  “ram contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member room nights for the Included Hotels by the total occupied room nights for the Included”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: 2025, Marriott Bonvoy member paid room nights generated an average of approximately — 63.7%

  “s participate in Marriott Bonvoy. A. Loyalty Contribution to Revenue During 2025, Marriott Bonvoy member paid room nights generated an average of approximately 63.7% of the total room night revenue at Included Hotels, with an average daily spend of $155.00 per member paid room night, not including taxes and tips. During 2025, Marriott Bonvoy generated a total of 9,114,000 member paid room nights for Included Hotels and approximately $1,454,759,000 in eligible spend, not including taxes and tips. A “member paid room night” means a room night during which a Marriott Bonvoy member occupied a room at an Included Hotel and was awarded loyalty points for the stay. It does not include (1) room nights redeemed by Marriott Bonvoy members, (2) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (3) room nights booked by Marriott Bonvoy members using OTAs, and (4) wholesale and crew room nights booked by Marriott Bonvoy Members. During 2025, of the 510 Included Hotels, 185 hotels or 36.5% of hotels met or exceeded the average daily spend per Marriott Bonvoy membe”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from — 83.09

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from — 43.9%

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: For the 526 1-Year Comp Hotels, p.118 reports this value but also says only 13 of 579 hotels were franchised. The conflicting ownership counts prevent confirming the applicable population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: oom Nights per Hotel 20,000 Average Annual Loyalty Program Contribution to Occupancy — 67.1%

  “y Contribution to 2025 Room Nights and Occupancy Average Number of Member Room Nights per Hotel 20,000 Average Annual Loyalty Program Contribution to Occupancy 67.1% Of the 510 Included Hotels, 234 hotels or 46.2% met or exceeded the average number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the average loyalty program contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member room nights for the Included Hotels by the total occupied room nights for the Included”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: .4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or — 37.4%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: STR highRevPAR

  “the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60”

  Note: P.118 identifies 508 STR Included Hotels, but also says only 13 of 579 hotels were franchised. This conflicts with the definition of the included group as franchised, so its ownership population cannot be confirmed.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: rom the Reservations Channels, and the median contribution to room night revenue was — 79.7%

  “hotels or 56.1% received 78.7% or more of their annual room night revenue from the Reservations Channels, and the median contribution to room night revenue was 79.7%. “Room night revenue” means the total per-room fees and charges invoiced to the guest at the time a reservation is made (including resort fees, destination fees, and mandatory surcharges for facilities invoiced at the time of booking), regardless of whether the booking is subsequently cancelled. “Room night revenue” excludes sales, tax, value added tax, or similar taxes on such revenue. In calculating this percentage, we divided the sum of room night revenue invoiced by all of the Included Hotels from bookings directly through the Reservation Channels by the total room night revenue invoiced by all of the Included Hotels from all bookings during 2025. The “median” is the middle data point in the range of performance data. The chart below shows the Marriott Reservations Channels’ contributions (as a percentage) to total gross room nights booked at the Included Hotels during the 12-month period ended December 31, 2025. Marriott Rese”

  Note: P.119 gives 510 Included Hotels for this median, but the same page says the calculation used 88 Included Hotels; p.118 also has conflicting franchise counts. The population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or — 51.4%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: % of hotels met or exceeded the average loyalty program contribution to occupancy of — 67.1%

  “ge number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the average loyalty program contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member room nights for the Included Hotels by the total occupied room nights for the Included”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of — 71.1%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of — 137.81

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: e 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or — 49.6%

  “ franchised SpringHill Suites by Marriott hotels that met the Conditions and were open for 12 months as of December 31, 2025 (“1-Year Comp Hotels”). In 2025, the average ADR of the 1-Year Comp Hotels was $151.00, the average OCC was 71.1%, the average RevPAR was $107.42, and the average RevPAR Index was 112.2. During 2025, the ADR for the 1-Year Comp Hotels ranged from $83.09 to $412.65, with a median ADR of $137.81. 163 (or 31.0%) of the 1-Year Comp Hotels reported an ADR that met or exceeded the average. During 2025, the OCC for the 1-Year Comp Hotels ranged from 43.9% to 95.4%, with a median OCC of 71.1%. 261 (or 49.6%) of the 1-Year Comp Hotels reported an OCC that met or exceeded the average. During 2025, the RevPAR for the 1-Year Comp Hotels ranged from $39.88 to $323.93, with a median average RevPAR of $98.60. 190 (or 36.1%) of the 1-Year Comp Hotels reported an average RevPAR that met or exceeded the average. During 2025, the RevPAR Index for the 1-Year Comp Hotels ranged from 53.4 to 201.3, with a median average RevPAR Index of 112.5. 261 (or 49.6%) of the 1-Year Comp Hotels reported an average RevPAR Index that exceeded the average. ”

  Note: For the 526 1-Year Comp Hotels, p.118 reports this value but also says only 13 of 579 hotels were franchised. The conflicting ownership counts prevent confirming the applicable population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: eded the average number of member room nights per hotel of 20,000; and 275 hotels or — 54.2%

  “Occupancy 67.1% Of the 510 Included Hotels, 234 hotels or 46.2% met or exceeded the average number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the average loyalty program contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member room nights for the Included Hotels by the total occupied room nights for the Included”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: the 510 Included Hotels, 286 SpringHill Suites by Marriott hotels or 56.1% received — 78.7%

  “ion to Room Night Revenue by all Reservation Channels 78.7% During 2025, of the 510 Included Hotels, 286 SpringHill Suites by Marriott hotels or 56.1% received 78.7% or more of their annual room night revenue from the Reservations Channels, and the median contribution to room night revenue was 79.7%. “Room night revenue” means the total per-room fees and charges invoiced to the guest at the time a reservation is made (including resort fees, destination fees, and mandatory surcharges for facilities invoiced at the time of booking), regardless of whether the booking is subsequently cancelled. “Room night revenue” excludes sales, tax, value added tax, or similar taxes on such revenue. In calculating this percentage, we divided the sum of room night revenue invoiced by all of the Included Hotels from bookings directly through the Reservation Channels by the total room night revenue invoiced by all of the Included Hotels from all bookings during 2025. The “median” is the middle data point in the range of performance data. The chart below shows the Marriott Reservations Channels’ contributions (as a”

  Note: P.119 gives 510 Included Hotels, but p.118 says only 13 of 579 hotels were franchised while defining Included Hotels as franchised. The ownership context is unresolved.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: 510loyaltysample — 185 hotels

  “le and crew room nights booked by Marriott Bonvoy Members. During 2025, of the 510 Included Hotels, 185 hotels or 36.5% of hotels met or exceeded the average daily spend per Marriott Bonvoy member paid room night, and the median average daily spend per member paid room night was $146.00. B. Loyalty Contribution to Occupancy The chart below shows the average number of room night stays by Marriott Bonvoy members at Included Hotels during 2025 and the average Marriott Bonvoy member contribution to occupancy at Included Hotels during 2025. These figures include member paid nights and member redeemed nights but exclude (1) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (2) room nights booked by Marr”

  Note: P.120 reports 185/510 Included Hotels met/exceeded $155 average daily spend in 2025. Population ownership conflicts: p.121 says franchised hotel performance, but p.118 says only 13 of 579 hotels were franchised (and 508 were STR Included Hotels). Cannot confirm the loyalty population.

• Item 19 · PDF p. 117 · 2026 FDD

  Our summary: 508STRsample RevPAR

  “2025 $150.69 71.2% $107.34 112.7”

  Note: The p.117 table reports this metric for STR Included Hotels and defines that group as franchised; p.118 says only 13 of 579 hotels were franchised while 508 were STR Included Hotels. The FDD does not resolve this ownership-count conflict.

• Item 19 · PDF p. 117 · 2026 FDD

  Our summary: 508STRsample ADR

  “2025 $150.69 71.2% $107.34 112.7”

  Note: The p.117 table reports this metric for STR Included Hotels and defines that group as franchised; p.118 says only 13 of 579 hotels were franchised while 508 were STR Included Hotels. The FDD does not resolve this ownership-count conflict.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: During 2025, of the 510 Included Hotels, 286 SpringHill Suites by Marriott hotels or — 56.1%

  “ntage Contribution to Room Night Revenue by all Reservation Channels 78.7% During 2025, of the 510 Included Hotels, 286 SpringHill Suites by Marriott hotels or 56.1% received 78.7% or more of their annual room night revenue from the Reservations Channels, and the median contribution to room night revenue was 79.7%. “Room night revenue” means the total per-room fees and charges invoiced to the guest at the time a reservation is made (including resort fees, destination fees, and mandatory surcharges for facilities invoiced at the time of booking), regardless of whether the booking is subsequently cancelled. “Room night revenue” excludes sales, tax, value added tax, or similar taxes on such revenue. In calculating this percentage, we divided the sum of room night revenue invoiced by all of the Included Hotels from bookings directly through the Reservation Channels by the total room night revenue invoiced by all of the Included Hotels from all bookings during 2025. The “median” is the middle data point in the range of performance data. The chart below shows the Marriott Reservations Channels’ cont”

  Note: P.119 gives 510 Included Hotels, but p.118 says only 13 of 579 hotels were franchised while defining Included Hotels as franchised. The ownership context is unresolved.

• Item 19 · PDF p. 119 · 2026 FDD

  Our summary: 510reservationsample — 175 hotels

  “hotels or 38.4% of hotels received 1.3% or more of their total gross room night bookings from CECs; 175 hotels or 34.3% of hotels received 13.5% or more of their total gross room night bookings OTAs; 247 hotels or 48.4% of hotels received 13.4% or more of their total gross room night bookings from GDS; and 300 hotels or of hotels received 77.5% or more of their total gross room night bookings from all Reservation Channels. For the 510 Included Hotels, the median bookings from Marriott.com was 48.7%; the median bookings from Voice Reservations was 1.2%; the median bookings from CECs was 0.7%; the median bookings from OTAs was 10.9%; the median bookings from GDS was 13.0%; and the median bookings from all Reservation Channels was 79.3%. “Gros”

  Note: P.119 ties this count to 510 Included Hotels, but p.118 has conflicting franchised counts; the booking percentages also cite an 88-hotel calculation denominator. Applicable population is unresolved.

• Item 19 · PDF p. 117 · 2026 FDD

  Our summary: 508STRsample RevPARIndex

  “2025 $150.69 71.2% $107.34 112.7”

  Note: The p.117 table reports this metric for STR Included Hotels and defines that group as franchised; p.118 says only 13 of 579 hotels were franchised while 508 were STR Included Hotels. The FDD does not resolve this ownership-count conflict.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: r paid room night, and the median average daily spend per member paid room night was — 146

  “of hotels met or exceeded the average daily spend per Marriott Bonvoy member paid room night, and the median average daily spend per member paid room night was $146.00. B. Loyalty Contribution to Occupancy The chart below shows the average number of room night stays by Marriott Bonvoy members at Included Hotels during 2025 and the average Marriott Bonvoy member contribution to occupancy at Included Hotels during 2025. These figures include member paid nights and member redeemed nights but exclude (1) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (2) room nights booked by Marriott Bonvoy members using OTAs, and (3) wholesale and crew room nights booked by Marriott Bonvoy Members. Average Marriott Bonvoy Contribution to 2025 Room Nights and Occupancy Average Number of Member Room Nights per Hotel 20,000 Average Annual Loyalty Program Contribution to Occupancy 67.1% Of the 510 Included Hotels, 234 hotels or 46.2% met or exceeded the average number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the averag”

  Note: P.120 assigns this to 510 Included Hotels, but p.118 defines Included Hotels as franchised while also saying only 13 of 579 hotels were franchised. This ownership-count conflict prevents confirming the population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: 510loyaltysample — 9,114,000 member paid room nights

  “er paid room night, not including taxes and tips. During 2025, Marriott Bonvoy generated a total of 9,114,000 member paid room nights for Included Hotels and approximately $1,454,759,000 in eligible spend, not including taxes and tips. A “member paid room night” means a room night during which a Marriott Bonvoy member occupied a room at an Included Hotel and was awarded loyalty points for the stay. It does not include (1) room nights redeemed by Marriott Bonvoy members, (2) group room nights booked by Marriott Bonvoy members for which loyalty points are not awarded, (3) room nights booked by Marriott Bonvoy members using OTAs, and (4) wholesale and crew room nights booked by Marriott Bonvoy Members. During 2025, of the 510 Included Hotels, ”

  Note: P.120 reports 9,114,000 paid room nights for 510 Included Hotels in 2025. Population ownership conflicts: p.121 says franchised hotel performance, but p.118 says only 13 of 579 hotels were franchised (and 508 were STR Included Hotels). Cannot confirm the loyalty population.

• Item 19 · PDF p. 120 · 2026 FDD

  Our summary: 510loyaltysample — 234 hotels

  “l 20,000 Average Annual Loyalty Program Contribution to Occupancy 67.1% Of the 510 Included Hotels, 234 hotels or 46.2% met or exceeded the average number of member room nights per hotel of 20,000; and 275 hotels or 54.2% of hotels met or exceeded the average loyalty program contribution to occupancy of 67.1%. The median number of member room nights was 19,000; and the median annual loyalty program contribution to occupancy was 67.8%. The “average number of member room nights” per hotel is calculated by dividing the sum of member room nights booked at the Included Hotels during 2025 by the total number of Included Hotels. The “average percentage of loyalty program contribution to occupancy” is calculated by dividing the number of member roo”

  Note: P.120 reports 234/510 Included Hotels met/exceeded 20,000 average member room nights in 2025. Population ownership conflicts: p.121 says franchised hotel performance, but p.118 says only 13 of 579 hotels were franchised (and 508 were STR Included Hotels). Cannot confirm the loyalty populati

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from — 43.9%

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: ; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; — 107.34

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.

• Item 19 · PDF p. 118 · 2026 FDD

  Our summary: .7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from — 81.49

  “2026 SpringHill Suites Domestic FDD Items 1-23:3925194_2 110 Conditions; or (3) an expansion that resulted in an increase in revenues of five percent or more of the annual available room nights (before the expansion) at the average daily rate of the most recent year prior to the expansion during which the hotel satisfied each of the Conditions. As of December 31, 2025, there were 579 SpringHill Suites by Marriott hotels open and operating in the United States and Canada; of these, 13 were franchised and 508 were STR Included Hotels. Of the 508 STR Included Hotels in 2025, 163 hotels or 32.1% reported an average daily room rate that met or exceeded $150.69; 261 hotels or 51.4% reported an average occupancy rate that met or exceeded 71.2%; $107.34 hotels or 37.4% reported an average RevPAR that met or exceeded $107.34; and 261 hotels or 51.4% reported an average RevPAR Index that met or exceeded 112.7. For the 508 STR Included Hotels in 2025, the average daily room rate ranged from $81.49 to $385.76, with a median of $137.81; the average occupancy rate ranged from 43.9% to 95.4%, with a median of 71.1%; the average RevPAR ranged from 39.88 to 323.93, with a median of 98.60; and the average RevPAR Index ranged from 53.4 to 201.3, with a median of 112.5. ”

  Note: P.118 gives this value for the named group, but also says only 13 of 579 hotels were franchised while naming 508 STR Included Hotels and 526 1-Year Comp Hotels. These ownership counts conflict, so the applicable population cannot be confirmed.