Marriott International (NYSE:MAR) will introduce its luxury JW Marriott hotel brand in Vietnam at Danang in 201l under a long-term management agreement reached with VinaCapital Danang Resort, Ltd.

The JW Marriott Danang Resort will be an integral part of a mixed-use development which will also include residential villas and a Greg Norman-designed golf course. Future phases will include additional residential units, a convention/exhibition center, retail stores and two mid-tier hotels.

The development will be located between Danang and Hoi An along Vietnam’s central coast, which is home to many natural, cultural and historic sites. Among nearby notable UNESCO World Heritage sites are the ancient imperial city of Hue, the historic port of Hoi An and the ruins of the Cham ruins at My Son.

“We are excited to be part of the emergence of Vietnam’s central coast as an important global leisure travel destination with what promises to be a premier example of our luxurious JW Marriott hotel brand,” said Ed Fuller, president & managing director of international lodging for Marriott International.

JW Marriott is Marriott International’s premier luxury hotel brand that appeals to travelers who appreciate an unpretentious approach to luxurious surroundings, services and amenities. There are 39 JW Marriott properties located in major cities and resort destinations in 18 countries throughout the world.

Situated directly on the beach, the JW Marriott Danang Resort will offer unobstructed views of the East Sea. All resort guests will enjoy spacious guestrooms with amenities that include luxurious bedding, flat screen televisions and high-speed internet access. The well-appointed four-fixture bathrooms will feature a separate bath tub and shower.

For dining and entertainment, the resort will have a grand lobby lounge and three restaurants: a casual outlet offering three meals daily and two specialty restaurants. A pool bar will round out the facilities.

Recreational amenities will include a spa equipped with 10 treatment rooms; an outdoor swimming pool and a children’s wading pool; a fitness center offering a sauna, steam room and Jacuzzi; a kid’s club; a water sports pavilion; and a recreation pavilion with a library and games room. Additional amenities include a gift shop, a retail shopping arcade, and a business center. Guests at the resort will also have access to the adjacent Greg Norman-designed championship golf course.

For conferences and social events, the JW Marriott Danang Resort will have 1,400 square meters of meeting space. This will be comprised of a 600-square meter divisible ballroom, four individual meeting rooms in varying configurations and an 80-square meter boardroom.

The Marriott International portfolio in Vietnam currently consists of the 336-room Renaissance Riverside Saigon and the 538-room New World Hotel Saigon.

The VinaCapital Danang Resort Ltd. is owned by VinaCapital Group, Vietnam’s leading asset management and financial services firm. VinaCapital’s experienced real estate team will lead development of the villas and golf course surrounding the JW Marriott Danang Resort.

About Marriott International | Marriott International is a leading lodging company with over 3,000 lodging properties in the United States and 66 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 Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, Horizons by Marriott Vacation Club, The Ritz-Carlton Club and Grand Residences by Marriott brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA, and had approximately 151,000 employees at 2007 year-end. It is ranked as the lodging industry’s most admired company and one of the best companies to work for by FORTUNE magazine, and has been recognized by the U.S. Environmental Protection Agency (EPA) with the 2007 Sustained Excellence Award and Partner of the Year since 2004. In fiscal year 2007, Marriott International reported sales form continuing operations of $13 billion. For more information or reservations, please visit our web site at .

About VinaCapital Group | VinaCapital Group is the leading asset management and financial services group in Vietnam. The Group combines its deep market experience and networks to generate strategic investment and financing products, alongside merger and acquisition activities. VinaCapital manages total assets valued at almost US$2billion three listed and one LP fund. VinaCapital also has a dominant stake in VinaSecurities JSC, a brokerage firm. VinaCapital currently employs over 180 investment personnel in its offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang and Hong Kong. More information on the Group can be found at .

June Farrell
(301) 380-7796
Marriott