Development Pipeline Scheduled for 2023

Sheraton and Moxy Hotels Paris Les Mercuriales

Omnam Group & Marriott International sign development deal fordual Sheraton and Moxy Hotels in Paris

Omnam Group and Marriott International today announced the signing for the development of two Marriott International branded hotels, a Sheraton Hotels and Resorts and a Moxy Hotel in Bagnolet, in the eastern suburbs of Paris. Scheduled to open in a couple of years, the hotels are owned by Omnam Group and managed by Marriott International, and will cover a total area of 37000 square meters. The emerging neighbourhood of Bagnolet, close to the centre of Paris, offers easy access in to the city via Metro line three in just over 10 minutes.

The hotels will be part of Les Mercuriales development, comprised of two towers. One tower will house the two Marriott International hotel brands ; a Sheraton hotel with 570 guestrooms and a Moxy hotel with 272 guestrooms. The dual branded property will offer travellers two distinct lifestyle experiences. Sheraton Hotels and Resorts focuses on connecting and creating communities, leaning into services and design that enable socialisation, productivity, and personalisation. Designed for the young and young at heart, Moxy Hotelswill offer a fun, playful and stylish hotel experience.

Through the development, Les Mercuriales will become an easy gathering place for business and leisure travellers as well as locals to meet, play, eat and sleep. The Sheraton hotel will offer a restaurant, café and a rooftop bar with magnificent views across Paris, whilst the Moxy will offer a lounge bar. Both hotels will share the conference centre with twoballrooms, meeting rooms, break out rooms and an event space with glorious views over the city, as well as thefitness and wellness areas. The plaza connecting the two towers will include food, beverage and retail offerings.

David Zisser, Founder and CEO Omnam Group, said : "We have an excellent and longstanding collaboration with Marriott International. Together, we are looking forward to bringing energy and buzz into the Bagnolet area. What Les Mercuriales, the Sheraton and Moxy brands have in commonis that they offer such a well-rounded entertainment programme outside of just guestrooms, leading to an unforgettable experience for travellers and Parisians."

Xavier Grange, Vice President Development at Marriott International, France & Benelux said : "We're delighted to continue our collaboration working with the Omnam Group after signing the development in 2017 of the W hotel in Rome, and we look forward to creating yet another exciting hospitality experience together. Bagnolet acts as a gateway to the city, providing our guests with fantastic access to enjoy all Paris has to offer and is a strategic destination in which to expand our European portfolio. Marriott International has a current footprint of more than forty hotels in France across thirteen of its brands and we continue to see new growth opportunities."

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Sheraton Hotels & Resorts makes it easy for guests to feel welcome at over 425 hotels and resorts in nearly 70 countries and territories around the world. As the most global brand within Marriott Bonvoy’s portfolio of extraordinary hotel brands sitting at the center of hundreds of communities around the world, Sheraton has a rich heritage in creating a sense of belonging for guests, wherever they are in the world.

Moxy offers a playful hotel experience for the young at heart. With more than 70 properties open across North America, Europe, and Asia Pacific, Moxy boldly breaks the rules of a conventional hotel stay across the globe. The nontraditional experience starts with check-in at Bar Moxy and comes to life throughout its social public spaces, like the Lounge and Library, and the small but smart bedrooms.

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.