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The Merchant Category Code (MCC) 3740 is specifically designated for Towneplace Suites, a brand of extended-stay hotels and suites. This MCC is used to identify businesses that operate under the Towneplace Suites name, providing travelers with a convenient and comfortable lodging experience. Towneplace Suites is part of the Marriott International family, offering amenities and services tailored for longer stays, making it an ideal choice for both business travelers and families. The MCC 3740 helps payment processors and financial institutions accurately categorize transactions related to these establishments, ensuring efficient processing and reporting.