Inversiones La Rioja expands Marriott Portfolio with Courtyard by Marriott in Lima, Peru

News provided by

Feb 11, 2013, 12:38 ET

BETHESDA, Md., Feb. 11, 2013 /PRNewswire/ -- Marriott International, Inc. (NYSE: MAR) announced plans to open a new 150-room Courtyard by Marriott Hotel in Lima, South America's third largest city, under an agreement with Inversiones La Rioja, S.A., a distinguished Peruvian corporation which owns the existing 300-room JW Marriott Lima and 153-room JW Marriott Cuzco. The hotel will be situated at the intersection of Calle Alcanfores and Calle Schell in Lima's upscale Miraflores neighborhood known for its shopping, restaurants, antique dealers and breath taking ocean views.

(Logo: http://photos.prnewswire.com/prnh/20120731/PH49415LOGO-b )

"We were taken by the new concept and positioning of the Courtyard by Marriott brand, and are very excited about developing this property with Marriott International in Lima," said Alfonso Brazzini, President of the Board of Inversiones la Rioja. "With the incredible performance of the JW Marriott Lima, we are confident this hotel will do very well in Lima."

"The new Courtyard by Marriott in Lima will be a significant milestone in our rapid expansion across Latin America," remarked Craig S. Smith, President of the Caribbean & Latin America at Marriott International, Inc. "The hotel will feature a modern, functional design while embracing Peru's vibrant culture and the amenities travelers trust from our globally renowned Marriott International brands."

"This new hotel strengthens our footprint in Lima, a key strategic market for Marriott International in Latin America, and I am confident it will greatly contribute to our success in the country," said Laurent de Kousemaeker, chief development officer for the Caribbean & Latin America at Marriott International, Inc.

In addition to 150 guest rooms, the hotel will feature the brand's refreshing business lobby, a casual dining restaurant, ample meeting space and recreational facilities include a swimming pool and a fitness center. It will also feature Courtyard's new relaxing interior design for the guestrooms.

Marriott International is currently represented in Peru by the 300-room JW Marriott Lima and the 150-room JW Marriott Cuzco.

The Courtyard by Marriott brand features hotels with a refreshing environment that helps guests stay connected, productive and balanced while traveling. Intuitive services and design accommodate guests' desire for choice and control and allow them to use the public space and guest rooms to meet all of their needs while on the road. With more than 900 locations in 38 countries, Courtyard has more locations than any other Marriott International brand. For more information about the brand, visit www.courtyard.com.

Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA with nearly 3,800 properties in 74 countries and territories and reported revenues of over $12 billion in fiscal year 2011. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands, including Marriott Hotels & Resorts, The Ritz-Carlton, JW Marriott, Bulgari, EDITION, Renaissance, Autograph Collection, AC Hotels by Marriott, Courtyard, Gaylord Hotels, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, Marriott Executive Apartments, Marriott Vacation Club, Grand Residences by Marriott, and The Ritz-Carlton Destination Club. There are approximately 300,000 employees at headquarters, managed and franchised properties. Marriott is consistently recognized as a top employer and for its superior business operations, which it conducts based on five core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world. For more information or reservations, please visit our website at www.marriott.com.