JW Marriott Hotel Premieres in New York City - Marriott Converts Rihga Royal, Continues Upper-Tier Brand Expansion

NEW YORK, March 21 / Marriott International MAR announced the conversion of the former Rihga Royal hotel in New York City to its first JW Marriott brand hotel in Manhattan. The hotel has been purchased by Thayer Lodging Group of Annapolis, MD and will be managed by Marriott under a long-term agreement.

The 500-suite JW Marriott New York is in the heart of midtown Manhattan, on West 54th Street between Avenue of the Americas and Seventh Avenue. This property joins Marriott's portfolio of ten New York City hotels, which collectively offer over 6,500 guestrooms.

"We are delighted to bring the first JW Marriott brand hotel to New York City," said Roger Borsink, Marriott's regional vice president for the New York market. "JW Marriott hotels are the most luxurious properties bearing the Marriott name. They build upon Marriott's reputation for personal care and dependability, and extend to even higher levels of service and style."

The JW Marriott New York is the seventh JW Marriott in the United States and the 14th property worldwide. It is Marriott's strategy to develop the JW Marriott brand in gateway cities throughout the world, in established business destinations and emerging luxury markets. Marriott International expects a quarter of its unit growth in 2001 to be through conversions.

The 54-story hotel features guest suites that range from 500 square feet to 1,500 square feet on the more exclusive upper floors. All suites offer spacious living rooms, mirrored French doors that lead to separate bedrooms, as well as private dressing rooms and full marble baths. In-room amenities include fax machines, three telephones with two separate lines, computer and fax outlets, mini-bars with icemakers, in-room safes, two television sets, a videocassette player, in-room movie channels and more. Guests may enjoy lunch and dinner at Halcyon, a full-service restaurant, or breakfast, lunch and dinner daily in the lounge. Eleven meeting and banquet rooms can be reserved for private functions from 10 to 600 guests.

JW Marriott Hotels offer business and leisure travelers personalized service and luxurious, but understated environments. Dramatic architectural design, thoughtfully appointed guestrooms and suites, unique restaurants, state-of-the-art fitness centers, 24-hour business centers, and residential-style executive guest lounges distinguish the JW Marriott brand.

The first JW Marriott Hotel opened in 1984 on Pennsylvania Avenue in Washington, D.C., as a tribute to the founder of the Marriott Corporation, predecessor to Marriott International. Other JW Marriott Hotels in the United States include Santa Monica, Miami, Atlanta, Ko Olina/Hawaii, and Houston. Worldwide, JW Marriott Hotels can be found in Hong Kong, Quito, Kuala Lumpur, Mexico City, Seoul, Bangkok, and Dubai.

Marriott International, Inc. MAR is a leading worldwide hospitality company with over 2,000 operating units in the United States and 58 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott, Ritz-Carlton and Horizons brands; operates Marriott Executive Apartments; provides furnished corporate housing through its ExecuStay by Marriott division; and operates conference centers. Other Marriott businesses include senior living communities and services, wholesale food distribution, procurement services and The Ritz-Carlton Hotel Company LLC. The company is headquartered in Washington, D.C., and has approximately 151,000 employees. In fiscal year 1999, Marriott International reported systemwide sales of $17.7 billion. For more information or reservations, please visit our web site at www.marriott.com.

SOURCE: Marriott International

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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.