Marriott Reflags Adam's Mark Houston as Houston Marriott Westchase

"This project is exciting and comprehensive," said James Dina, Pyramid Advisors principal and chief operations officer. "We have updated the guest rooms, meeting and catering facilities and public spaces, and we are looking forward to adding additional touches that will further enhance the guest's experience by year end."

Vice President and Managing Director Harry Greenblatt said the extensive $18 million renovations at the hotel, coupled with the Marriott brand, will allow the hotel to showcase the vibrancy of the Westchase District. "We're delighted to be a part of the Marriott family of hotels, and we look forward to welcoming our past guests and introducing new visitors to this thriving destination," he said.

The Houston Marriott Westchase is the largest Marriott hotel in Houston and is in close proximity to many area companies, including ABB, BMC Software, ChevronTexaco, ExxonMobil, Halliburton and Honeywell. The property is within 21 miles of Houston Hobby International Airport and 32 miles from Houston Intercontinental Airport. Area attractions nearby include the Houston Galleria, Memorial Park and Golf Course and the Museum District.

The hotel renovations are designed to provide a strong sense of Southern hospitality with elements that reflect the feel of a "Texas living room." As guests enter the lobby, they find a setting that features stone and rustic tiles set off by a blend of woods and textured fabrics. A unique lighting setup changes hues throughout the day to emulate a Texas sunset. Artwork around the hotel reflects Texas' history, with prints featuring well-known Texas symbols and historic landmarks.

Guest rooms have a fresh, residential feel and are furnished with contemporary, dark mahogany furniture, complemented by mint, navy and yellow fabrics. Amenities include a work desk with ergonomic desk chair, high-speed internet access, wireless capabilities, telephone with data port and voice mail, cable television with pay-per-view movies, hair dryer, coffee and tea service, and iron and ironing board. A concierge level with upgraded amenities and concierge lounge serving daily continental breakfast and evening reception with cocktails is also available.

Ideal for business and social occasions, the Houston Marriott Westchase offers more than 40,000 square feet of event space, including the 10,000- square-foot Grand ballroom, two boardrooms and 18 additional meeting rooms. Technological capabilities include wireless high-speed internet access and comprehensive audiovisual facilities. A full-service business center is also available to meet guests' needs.

Other hotel features include 24-hour room service, gift shop, indoor/outdoor pool, whirlpool and wading pool with an outdoor sunning area, and a fully enclosed cardio area with new treadmills, Stairmasters and elliptical machines.

For more information or reservations, contact the Houston Marriott Westchase directly at (713) 978-7400, call the Marriott Worldwide Reservations Center at (800) 228-9290, or visit the Marriott web site at http://www.marriott.com. Marriott Hotels & Resorts participates in the company's award-winning Marriott Rewards® frequent guest program. Members earn their choice of points toward free vacations or frequent flyer mileage for dollars spent at more than 2,400 Marriott hotels worldwide.

MORGAN STANLEY REAL ESTATE FUND (MSREF) is a private real estate investment fund affiliated with and sponsored by Morgan Stanley. Since its inception in 1991, MSREF has acquired over $25 billion in real estate in four domestic and two international funds.

PYRAMID ADVISORS LLC was formed in 1999 as a hotel development, management, advisory and project management firm serving clients in all phases of the hospitality industry. Principals of the Boston-based firm have a combined 75 years of senior-level hospitality experience and leadership. These principals are Richard M. Kelleher, the former president and chief executive officer of Doubletree Hotels Corporation and former president and chief operating officer of Promus Hotels Corporation; James R. Dina, the former chief operating officer of Red Lion Hotels & Inns; Warren Q. Fields, the former VP of development for Doubletree and former VP of operations for Promus; and Jim Reiser, the former VP of corporate real estate for America West Airlines and director of construction for Doubletree Hotels Corporation.

MARRIOTT INTERNATIONAL, INC. (NYSE: MAR - News) is a leading worldwide hospitality company with over 2,700 lodging properties in the United States and 68 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Marriott is also in the synthetic fuel business. The company is headquartered in Washington, D.C., and has approximately 128,000 employees and was ranked as the lodging industry's most admired company and one of the best places to work for by FORTUNE®. In fiscal year 2003, Marriott International reported sales from continuing operations of $9 billion. For more information or reservations, please visit our web site at http://marriott.com.