Marriott International Continues Expansion in Latin America with the Signing of Four New Hotels in Mexico

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MEXICO CITY, Nov. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ -- As part of a visit to Mexico, Arne Sorenson, President and CEO of Marriott International, Inc., today, announced the signing of four hotels in the country. Following an aggressive expansion strategy in one of the region's key markets, Marriott expects to add the new properties to its existing portfolio of 70 hotels. The company operates more than 200 hotels in the Caribbean and Latin American region, spanning 20 brands in 33 countries and territories.

"We are very excited to continue growing our reach in Latin America with brands as diverse as Renaissance, AC Hotels by Marriott, Westin and Aloft," said Sorenson. "These new projects are driven by a solid increase in the demand for business and leisure travel to this dynamic part of the world.  They also reaffirm our commitment to delivering high-quality hotel development projects and maintaining investor confidence in our innovative brands."

DEMAND INCREASES FOR FULL-SERVICE BRANDS

Marriott is meeting the growing demand in the full-service segment in Mexico with the signing of The Westin Puebla. Owned by IDEURBAN and managed by Marriott, the hotel is set to open in the second half of 2018 and will bring the Westin brand's innovative wellness initiatives to one of the oldest cities in the region. The property will join Westin's portfolio of hotels throughout the country, including in Mexico City, Guadalajara and Cancun. Two additional Westin hotels are under construction in Cozumel and Monterrey, expected to open in 2017 and 2018, respectively.

Ideally situated in the heart of Angelopolis, one of Puebla's most important business, commercial and residential developments, The Westin Puebla will be part of a multi-purpose complex to include Westin residences, boutiques, restaurants and office space. The hotel will be designed by renowned architectural firm TEN Arquitectos, led by internationally acclaimed architect Enrique Norten. It will feature 142 guestrooms and offer Westin's signature and celebrated amenities, including the iconic Westin Heavenly® Bed. The hotel will also feature a Heavenly Spa by Westin, a state-of-the-art WestinWORKOUT® fitness center, a pool and inspiring dining venues that will provide a variety of healthy culinary option, alongside the brand's signature and delicious SuperFoodsRx™ menus.

Additionally, together with Grupo Diestra, Marriott's largest full-service franchise partner in the Caribbean and Latin America, Marriott prepares to introduce the Renaissance Hotels brand to Mexico with the development of a Renaissance hotel in Cancun, a strategically important market in Mexico. The new-build property will break ground within Puerto Cancun, located between Cancun's Hotel Zone and its downtown area. The 800-acre master-planned development includes 270 acres of ecological reserve, an 18-hole golf course designed by Tom Weiskopf (operating), a 200-slip marina, some 5,000 residential units, 115 retail outlets, restaurants, cinemas and more once completed. The Renaissance Cancun will comprise 180 rooms and approximately 445 square meters of indoor meeting space.

MARRIOTT'S SELECT-SERVICE SEGMENT CONTINUES BUILDING CONSIDERABLE MOMENTUM

The select-service segment continues to drive important projects in different cities in the country, including the opening of Aloft Puebla and AC Monterrey. Aloft Puebla will join the two existing Aloft hotels in Guadalajara and Cancun.

Scheduled to open late in 2018, Aloft Puebla will bring the vibrant style, technology and innovation of this brand to one of Mexico's leading industrial cities. Located in Angelopolis, the complex will include office space, residences, restaurants, shops, as well as other hotels and will be close to major hospitals and universities.

It will feature 100 loft-style rooms, fully equipped with brand amenities such as Bliss® bathroom products, SPG Keyless®, free and fast Wi-Fi connection, and other flagship brand amenities like Re:charge^SM, the renowned brand gym and Re:fuel^SM by Aloft, a café where you can enjoy breakfast and lunch.

From AC Hotels, which was first introduced in Mexico with the opening of the AC Hotel Guadalajara in August, comes the AC Hotel by Marriott Monterrey. The 168-room property will be developed within a mixed-use project called Distrito Armida in a high-end neighborhood of Monterrey known as Valle Oriente.

Seventeen hotels have been signed into the Marriott's Caribbean and Latin America development pipeline so far in 2016, totaling nearly 2,500 hotels rooms. By 2022 the company is planning to open 38 additional properties, reinforcing Mexico's status as Marriott's top market within the region.

For additional information on Marriott's Caribbean and Latin America region, please click here.

Marriott International, Inc. (NASDAQ: MAR) is the world's largest hotel company based in Bethesda, Maryland, USA, with nearly 6,000 properties in 120 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company's 30 leading brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by Marriott^SM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea Hotels by Marriott®. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.

Note on Forward-Looking Statements: The number of additional Marriott International hotels in Mexico by 2022 is a "forward-looking statement" within the meaning of U.S. federal securities laws, not a historical fact, and is subject to a number of risks and uncertainties, including supply and demand changes for hotel rooms; competitive conditions in the lodging industry; relationships with clients and property owners; the availability of capital to finance hotel growth; and other risk factors identified in Marriott International's most recent quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission; any of which could cause actual results to differ materially from those expressed in or implied by those statements. Those statement is made as of the date of this press release, and we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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