Travel Intelligence · Branded Residence Index 2026

Branded Residences in 2026: Eighteen Brands Tested on What They Publish, and Why None of Them Passes

By Richard J. · written from Valencia18 brands scored /100Verified 22 September 2026

Eighteen hotel brands were tested on what they publish about owning a branded residence, and none of them passed: the highest score is One&Only Private Homes at 31/100, ahead of Aman (23), Ritz-Carlton (22), Nobu (18) and Mandarin Oriental (17), against a pass mark of 60 fixed before any data was collected. Not one brand publishes a service charge, a residence fee, a brand licence fee or the formula behind any of them. Not one publishes what happens to your costs, your contract or the name on your building if the brand walks away. This is a category that Knight Frank counts at 903 schemes and more than 170,000 units worldwide, growing towards 300,000 units by 2031 - and at brand level, it discloses nothing.

Verified 22 September 2026 · each brand's own residences, ownership and portfolio pages · Knight Frank Global Branded Residence Survey 2026 · company and press sources · every figure re-read at source

Branded residences compared: eighteen brands scored out of 100

How the score works (100 points). Fee transparency 25 — the recurring cost of ownership published on the brand's own pages: the residence or service charge, the brand or licence fee, or how either is calculated. A figure or formula 25, a stated basis without numbers 12, nothing 0 · Rental programme terms 20 — the owner and operator split, the owner-use cap and blackout rules · Ownership, title and brand term 15 — freehold or leasehold, licence length, resale restrictions · Brand-exit provisions 10 — what happens to the residence, the fees and the name if the brand departs · Portfolio verifiability 15 — a checkable list separating open from announced, with locations · Service scope published 15 — what the fee buys. Pass mark 60. What this measures, and what it does not. This is a test of what the HOTEL BRAND publishes on its own pages. It is not a test of what a developer discloses to a buyer in a particular scheme's offering documents, which is where the actual numbers live. A brand scoring zero on fee transparency is not concealing a fee from a buyer in a sales process; it is declining to tell the market anything before that process begins. Scores are ours; the inputs are linked.
The whole field, and an empty half-chart. The distance between the best-disclosing brand in luxury hospitality and a pass mark is twenty-nine points, and almost all of it is the 25 points available for saying what a residence costs to run. Chart: Uncompromised Travel, from the scores below.

Score breakdown by criterion

BrandFee /25Rental /20Title /15Brand exit /10Portfolio /15Service /15Total
One&Only Private Homes1200010931
Aman0000131023
Ritz-Carlton Residences05404922
Nobu Residences000012618
Mandarin Oriental Residences000014317
St. Regis Residences00804113
Four Seasons Private Residences04004210

Two patterns decide this table. The first is that 35 of the 100 points — fee transparency and brand exit — are unavailable to everybody, because not a single brand publishes anything against either. A perfect score on the other four criteria would still only reach 65. The second is that what separates the top of the field from the bottom is portfolio housekeeping, not disclosure of substance: Mandarin Oriental scores 14 of 15 for maintaining a list you can check, and Four Seasons, the brand that invented this category in Boston in 1985, scores 4 because its own two pages give two different portfolio totals. Being able to count the buildings is the easiest thing on this rubric, and half the field cannot do it.

This page scores disclosure, not quality, and it makes no claim about any individual building. No brand paid to be assessed and no position on this page is for sale. A criterion scored zero means the evidence was not published on the pages read on 22 September 2026 — it is a gap in the record, not a judgement, and a verifiable source closes it. Nothing here is investment, tax or legal advice, and nobody should buy or decline to buy a property on the basis of a disclosure score.

What a branded residence actually costs to own

Nobody will tell you, and the gap between the eighteen brands is only the difference between saying nothing and saying almost nothing. One&Only publishes the single fee sentence in the entire category — "under one clear management fee, One&Only will take care of all the administration" — and attaches no number to it. Every other brand omits the topic entirely: no service charge per square foot, no brand licence fee, no worked example, no range.

BrandWhat it publishes about recurring costScore /25
One&Only Private Homes"Under one clear management fee, One&Only will take care of all the administration" — a basis, with no amount, rate or calculation12
Every other brand assessedNothing. Not a figure, not a formula, not a range, and in most cases not even the words "service charge". The topic is absent from every residences, ownership and FAQ page read0

Two things follow for a buyer. The recurring cost on a branded residence is the number that determines whether the asset works, and it is routinely a multiple of an unbranded equivalent in the same building type — so the absence of any published benchmark means you cannot sanity-check a scheme's figure against anything before you are deep in a sales process. And the brand fee and the service charge are different things, often charged by different parties under different agreements; no brand in this index distinguishes them publicly, so a single "management fee" quoted to you may or may not include the licence cost of the name. Ask for both, separately, in writing. See also our luxury hotel brand hierarchy for how these names sit against one another on the hotel side.

Four Seasons vs Mandarin Oriental vs Ritz-Carlton: how the big names compare

On disclosure the order is Ritz-Carlton 22, Mandarin Oriental 17 and Four Seasons 10 — and the brand with the longest history in the category is the one that publishes least reliably about itself. All three are silent on cost, so the separation comes from rental terms, title and whether you can verify the portfolio.

BrandStartedPortfolio as publishedRental and titleScore
Ritz-Carlton Residences2000, Washington DC — the first branded residence of the modern eraSix properties listed as Selling Now. No open-versus-pipeline count; Marriott gives around 300 projects across all 17 residential brands with no Ritz-Carlton breakoutThe only brand with a dedicated owner-rental page, promoting twice-daily housekeeping and a residential concierge — with no split, no owner-use cap and no blackout dates. Describes residences as whole-ownership22
Mandarin Oriental ResidencesNot publishedThe most checkable in the field: 14 current, 8 upcoming and 12 announced with unit counts, including Downtown Dubai 266, Etiler Istanbul 318 and Saadiyat 226Neither published. Its New York page states 61 residences while the same page's meta description says 6417
Four Seasons Private Residences1985, Boston — the oldest programme assessed, 40 years old in 2025Two of its own pages disagree: the portfolio map says 75 properties, the history page says over 50 with more than 20 in development. Neither separates open from announcedNo rental terms for whole-ownership homes. A separate fractional product, Residence Clubs at six US resorts, is marketed as use "as often or as little as you like" with no usage cap or fee schedule10

Two cautions when comparing the three. Marriott's own disclaimer, published on its St. Regis pages and applying across its licensed residential brands, states that "Marriott does not own, develop, sponsor or serve as sales or marketing agent" for these projects — which is the clearest statement anywhere in this index of what a hotel brand's involvement in a branded residence actually is, and it is worth reading before assuming the hotel company stands behind the building. And Four Seasons' Residence Clubs are a fractional product, not whole ownership; they appear under the same brand umbrella and are a materially different thing to buy. Background on the service cultures behind these names: Four Seasons, Ritz-Carlton and Aman.

What happens if the brand leaves

Not one of the eighteen brands publishes an answer, and it is the risk that defines the asset class: the premium you pay is for a name that is attached by a contract you never see, for a term nobody discloses. It is not hypothetical. One de-flagging is documented and completed, and one is being threatened in public right now.

CaseWhat happenedStatus
Trump International Hotel and Tower, TorontoInnVest acquired the property from JCF Capital in June 2017, the Trump name and signage came off, the building traded informally as The Adelaide Hotel during the transition, and by August 2017 the residences were re-flagged as The St. Regis Residences Toronto under Marriott managementCompleted. The clearest documented example of a branded residential building changing its flag
Amanyara, Turks and CaicosThe resort's owner is suing Aman and its chairman Vladislav Doronin and, as reported on 27 August 2026, has threatened to cut ties with Aman and rebrand the resort, in a dispute over a competing Janu development on the adjacent siteLive and unresolved at the date of this page. The flag has not come down
Every brand's published positionSilence. Eighteen brands, every ownership and FAQ page read, and no statement anywhere about what happens to fees, service contracts, the building's name or an owner's rights if the brand agreement endsConfirmed absence, 22 September 2026

Two questions to put in writing before exchanging on any branded residence. How long does the brand licence run, and what are the renewal terms — a twenty-year term on a home you intend to hold for thirty is a material fact. And what happens to the service charge if the brand leaves: the building still needs staffing at the standard it was designed for, and an unbranded building with branded running costs is the specific failure mode this disclosure gap hides. Neither question is answerable from public material for any brand in this index.

How big the branded residence market actually is

903 schemes at the end of 2025, around 1,088 by the end of 2026, and more than 170,000 units worldwide — a market that has tripled in a decade and is forecast to reach roughly 1,800 schemes and 300,000 units by 2031. The figures come from Knight Frank's Global Branded Residence Survey 2026, published in mid-September 2026, and are reported here from coverage of that survey rather than read in the report itself.

MeasureFigureSource and grade
Schemes, 2015354Knight Frank Global Branded Residence Survey 2026, via published coverage — reported, not read at the report
Schemes, end of 2025903As above
Schemes projected, end of 2026About 1,088As above
Units worldwideMore than 170,000, projected to exceed 300,000 by 2031As above
Share held by the six largest operatorsJust over 40% of developments worldwide, across Marriott, Accor, Hilton, Four Seasons, Banyan Group and IHGAs above
Non-hotel brandsProjected to reach almost 40% of branded residential supply within two yearsAs above

Two things worth holding against those numbers. The projection that non-hotel brands — fashion houses, car makers, designers — reach almost 40% of supply within two years matters for this index, because a car marque has even less reason than a hotel group to publish a service charge, and no hospitality operation behind the name. And the growth rate is the argument for the disclosure gap mattering more each year, not less: a category adding roughly 130,000 units by 2031 on terms nobody publishes is a consumer-information problem that scales. For the adjacent question of buying access rather than title, see our destination club index; for living aboard rather than ashore, our residential ships and yachts page.

The eighteen brands assessed

Every brand below was measured on the same rubric from its own published pages, and none is named to an index position because none cleared the pass mark. Scores are shown in full precisely because there is no ranking to award: this is a scorecard of a category, not a shortlist.

BrandOwnerPortfolio as publishedScore
One&Only Private HomesKerzner International4 open — Mandarina, Hudson Valley, Moonlight Basin, Le Saint Géran; 1 announced — Courchevel 1850, 203031
AmanAman Group S.à r.l.14 open, 12 announced including Beverly Hills 2028, Miami Beach 2028 and Niseko 203023
Ritz-Carlton ResidencesMarriott International6 listed as Selling Now; no open-versus-pipeline count published22
Nobu ResidencesNobu Hospitality2 open — Los Cabos 60 homes, Toronto 658 units; 11 named in pipeline plus 6 more listed separately. Started 202318
Mandarin Oriental ResidencesMandarin Oriental Hotel Group, Jardine Matheson14 current, 8 upcoming, 12 announced with unit counts — the most checkable in the field17
St. Regis ResidencesMarriott International, under licenceCasares, Jakarta, Bermuda, Astana, Boston Seaport, Belgrade, Bahia Beach — sold out or announced, no clean split13
Waldorf Astoria ResidencesHilton2 open, 3 announced, 6 flagged resale available — one of only two brands to publish resale as a category13
Montage ResidencesMontage Hotels & Resorts7 open, 2 announced. Reported USD 1.1bn of branded residential sales in 2022 and a USD 29.8m single-sale record12
Rosewood ResidencesRosewood Hotel Group4 open and 1 announced, United States only on the page read; no global count12
Auberge ResidencesAuberge Resorts LLC3 open, 2 announced with opening years — The Knox Dallas 2026, Shell Bay 202711
Baccarat ResidencesSH Group per the site footer1 open — New York; 6 announced. The footer still carries a company name the parent has publicly moved on from11
Four Seasons Private ResidencesFour Seasons Hotels and ResortsIts own pages give 75 properties and "over 50 plus 20 in development". Oldest programme in the category, from Boston in 198510
Raffles ResidencesAccor5 with unit counts — Bali 28, Boston 146, The OWO London 85, Jakarta 80, Jeddah — all presented as live, no announced list8
Six Senses ResidencesIHG16 listed with no open-or-announced labels, and a second development page that does not reconcile with the first. London opened at The Whiteley on 1 March 2026 with 14 branded residences5
Bulgari ResidencesMarriott and Bulgari joint venture; Bulgari owned by LVMHNo global residences hub page found. Only the Dubai Lighthouse confirmed — 31 penthouses and a nine-bedroom Sky Villa3
Banyan Tree ResidencesBanyan Group8 residential sub-brands listed with no locations, no counts and no open-or-announced split2
Cheval BlancLVMH Hotel ManagementNo branded residence product found. Recorded as assessed and excluded from comparison — the absence is the findingNot applicable
Edition ResidencesMarriott InternationalNot scored. The one official brand page found was closed to automated reading, and nothing about it is treated as confirmed beyond its existence and a Middle East expansion announcementNot scored

Three rules before buying a branded residence

1 · Get the service charge and the brand fee as two separate numbers, in writing, before you exchange. No brand in this index publishes either, and they are frequently charged by different parties under different agreements. A single quoted "management fee" may or may not include the cost of the name on the door, and the difference compounds over a holding period. Ask for a worked example at your unit size, and ask what has happened to it over the last five years at a comparable scheme in the same portfolio.

2 · Ask how long the brand licence runs and what happens when it ends. This is the single largest unpublished variable in the category and the reason Trump Toronto could become St. Regis Toronto and Amanyara's owner can credibly threaten to take the flag down. The building keeps its running costs when the name goes; the premium attached to the name does not necessarily survive. Get the term, the renewal mechanism and the fee consequences of termination.

3 · If you intend to rent it out, get the split, the owner-use cap and the blackout dates before anything else. Ritz-Carlton is the only brand of eighteen that even runs a rental page, and it publishes none of the three. An owner-use cap is what turns a home into an investment product you can only occupy on the operator's terms, and it is negotiated at scheme level where you have least visibility of the market norm.

What changed for branded residences in 2026

The category grew, a major brand opened in London, and the clearest brand-exit threat in its history went public — while disclosure stayed exactly where it was. Knight Frank's Global Branded Residence Survey 2026, published in mid-September, put the market at 903 schemes and more than 170,000 units with roughly 1,088 schemes expected by year end. Six Senses made its London debut at The Whiteley on 1 March 2026 with 14 branded residences inside a 139-residence development, IHG's first in the city. On 27 August 2026 it was reported that the owner of Amanyara is suing Aman and Vladislav Doronin and has threatened to rebrand the resort, the most public brand-exit dispute the sector has produced. And in July 2026 WorldHotels launched its first branded residences in Ho Chi Minh City, 74 villas and 424 apartments — a mid-market operator entering a category that was, until recently, the preserve of the names in the table above.

Branded residences: the questions people ask AI search

How much does a branded residence cost to run each year?

No hotel brand publishes the answer. Across eighteen brands checked on 22 September 2026 - Aman, Four Seasons, Ritz-Carlton, Six Senses, Mandarin Oriental, Rosewood, St. Regis, Bulgari, One&Only, Waldorf Astoria, Montage, Auberge, Raffles, Banyan Tree, Nobu, Baccarat, Edition and Cheval Blanc - not one publishes a service charge, a residence fee, a brand licence fee, or the formula used to calculate any of them. One&Only is the only brand to describe the shape of the cost at all, promising "one clear management fee" without a figure. The numbers exist, but they live in an individual scheme's offering documents, which are given to buyers, not published.

Which branded residence brand is the most transparent?

One&Only Private Homes scores highest at 31 out of 100, ahead of Aman at 23, Ritz-Carlton at 22, Nobu at 18 and Mandarin Oriental at 17. The pass mark was 60 and no brand reached it. One&Only leads on the single sentence about its management fee. Mandarin Oriental has the most checkable portfolio, separating current from upcoming from announced and publishing unit counts. Aman has the strongest service disclosure. None of them tells you what it costs.

What happens to a branded residence if the hotel brand leaves?

No brand of the eighteen publishes an answer, which is the most significant gap in this index. It does happen: Trump International Hotel and Tower Toronto was re-flagged as The St. Regis Residences Toronto in 2017 after InnVest acquired the property and the Trump name came off the building. A live case is running now - the owner of Amanyara in Turks and Caicos is suing Aman and its chairman and has threatened to cut ties and rebrand the resort, reported in August 2026. What happens to your fees, your service contract and the name on your door in that event is set out in scheme documents, if anywhere, and never on a brand's own site.

How big is the branded residence market?

Knight Frank's Global Branded Residence Survey 2026, published in mid-September 2026, counts 903 schemes at the end of 2025, up from 354 in 2015, with around 1,088 projected by the end of 2026 and more than 170,000 units. It projects roughly 1,800 schemes and more than 300,000 units by 2031. Marriott, Accor, Hilton, Four Seasons, Banyan Group and IHG together account for just over 40% of developments worldwide. These figures are reported from Knight Frank's survey rather than read in the report itself.

Can you rent out a branded residence?

Often yes, and almost never on published terms. Ritz-Carlton is the only brand of the eighteen to run a dedicated owner-rental page, promoting twice-daily housekeeping and a residential concierge, and it publishes no revenue split, no owner-use cap and no blackout dates. Four Seasons operates a separate fractional product, Residence Clubs at six US resorts, marketed as use "as often or as little as you like" with no usage cap or fee schedule disclosed. Every other brand is silent. The split is typically negotiated at scheme level.

Are branded residences freehold?

The brands do not say. Not one of the eighteen publishes whether its residences are sold freehold or leasehold, how long the brand licence runs, or whether resale is restricted. The closest thing to a structural disclosure is Marriott's, which states on its St. Regis Residences pages that "Marriott does not own, develop, sponsor or serve as sales or marketing agent" for the projects carrying the name - useful, because it tells a buyer who is not responsible, but it is a disclaimer rather than a description of title.

Which brand has the most branded residences?

Counting is harder than it should be. Mandarin Oriental publishes the clearest breakdown: 14 current, 8 upcoming and 12 further announced with unit counts. Aman lists 14 open and 12 announced. Four Seasons is the oldest programme, running since Boston in 1985, but its own two pages disagree - the portfolio map says 75 properties while the history page says over 50 with more than 20 in development. Marriott gives around 300 projects across all 17 of its residential brands with no Ritz-Carlton breakout, and Hilton gives 40 open residences and 6,520 units across its luxury brands.

Is a branded residence a good investment?

That is not a question this index answers, and anyone who tells you in general terms is guessing. What this page can tell you is what you cannot check before buying: the recurring cost, the rental terms, the title structure, the licence length and what happens if the brand leaves are all absent from every brand's own published material. Those five things are what determine the running cost and the resale position of the asset, and all five are decided at scheme level in documents you only see once you are in the process.

Does Cheval Blanc have branded residences?

No. Cheval Blanc, LVMH's hotel Maison, was checked as part of this index and no branded residence product was found on lvmh.com or on any Cheval Blanc property page. The brand appears to be hotel-only across Paris, Courchevel, St-Tropez, the Seychelles, St-Barth and Randheli. A separate estate agency trading as Cheval Blanc Real Estate in Dubai is unrelated to LVMH. Not every luxury hospitality name has entered this category.

Scores are against published criteria, fixed before any data was collected and not adjusted when no brand cleared the pass mark. Assessment is free and identical for every brand, and no position on this page is for sale. There are no affiliate links and no sponsored links anywhere on this page; all outbound links are editorial. This page measures brand-level disclosure only and is not a review of any building, any developer or any individual scheme. A criterion scored zero means the evidence was not published on the pages read on 22 September 2026; that is a gap in the record, not a judgement, and a verifiable source closes it. Nothing here is investment, tax or legal advice. Sources verified 22 September 2026: the residences, ownership, portfolio and FAQ pages of Aman, Four Seasons, Ritz-Carlton, Six Senses, Mandarin Oriental, Rosewood, St. Regis, Bulgari, One&Only, Waldorf Astoria, Montage, Auberge, Raffles, Banyan Tree, Nobu, Baccarat and Cheval Blanc; Marriott International and IHG corporate releases; Hilton luxury residential fact sheet; Knight Frank Global Branded Residence Survey 2026 via published coverage; press reporting on Amanyara and on Trump Toronto.
Cookie Settings
This website uses cookies

Cookie Settings

We use cookies to improve user experience. Choose what cookie categories you allow us to use. You can read more about our Cookie Policy by clicking on Cookie Policy below.

These cookies enable strictly necessary cookies for security, language support and verification of identity. These cookies can’t be disabled.

These cookies collect data to remember choices users make to improve and give a better user experience. Disabling can cause some parts of the site to not work properly.

These cookies help us to understand how visitors interact with our website, help us measure and analyze traffic to improve our service.

These cookies help us to better deliver marketing content and customized ads.