Marriott International to Have 100 Hotels in India By 2015

By Marriott International Inc., PRNE
Wednesday, November 10, 2010

Growth Plans Span Seven Hotel Brands from Ritz-Carlton to Moderate-Tier Fairfield by Marriott

MUMBAI, India and BETHESDA, Maryland, November 11, 2010 - Marriott International, Inc. (NYSE: MAR) announced today that it expects
to exponentially expand its portfolio from the current 11 to 100 hotels in
India within the next five years across seven leading brands. In addition to
the introduction of its Ritz-Carlton brand, Marriott growth plans will
include the debut of its moderate-tier Fairfield by Marriott brand.


Announced today were recently signed management agreements for seven new
hotels that will nearly quadruple Marriott's presence in India in the next
three years. When all signed hotels are opened and added to the company's
portfolio of 11 operating properties and 23 previously announced hotels now
under construction, the Marriott portfolio in India will total 41 hotels by
2013. Through this expansion, the company also plans to create more than
8,000 new jobs in India over the next three years, ranging from entry-level
to managerial.

"We're excited to join with our local hotel development partners in
contributing to India's future growth and unlimited business potential," said
Arne Sorenson, president and chief operating officer of Marriott
International. "India has the second largest hotel development pipeline in
Asia and is expected to double the number of branded hotel rooms over the
next three years to approximately 120,000 rooms. We're thrilled that about 10
percent of those new rooms are slated to carry a Marriott International brand
flag and that we'll be able to provide thousands of people real career
opportunity in an environment where their ideas and talents can flourish."

The seven agreements announced today are for five moderate-priced
Courtyard properties, an upscale Marriott hotel and a life-style Renaissance

    - 107-room Courtyard by Marriott Kochi/Cochin International Airport. It
      is owned by Lulu Flight Kitchen Private Ltd. and is planned to open in
    - 101-room Courtyard by Marriott Bhopal. It is owned by DB Malls Private
      Ltd. and is planned to open in second quarter 2011.
    - 160-room Courtyard by Marriott Chembur. It is owned by Acron Hotels
      Private Ltd. The hotel's first phase is scheduled to open in 2013 with
      an additional 76 rooms expected to be added later.
    - 150-room Courtyard by Marriott Nashik. Owned by Wasan Hotels Private
      Ltd.; the hotel is expected to open in 2013.
    - 200-room Courtyard by Marriott Hyderabad Hitec City. It is owned by
      Future InfraIndia Private Ltd. and is scheduled to open in 2013.
    - 365-room Jaipur Marriott Hotel. It is owned by Serveall Land Developers
      Private Ltd. and is expected to open in 2011.
    - 150-room Renaissance Raipur Hotel, opening in 2013. It is owned by
      Krish Hotels Private Ltd.

Marriott International has operated in India since 1999 with the opening
of the Goa Marriott. Today the company is represented in the country by its
JW Marriott, Marriott, Renaissance, Courtyard by Marriott and Marriott
Executive Apartments brands. Another 23 of its hotels are currently under
construction and expected to open now through 2013.

Marriott International is a leading lodging company with more than 3,500
lodging properties in 70 countries and territories. Marriott International
operates and franchises hotels under the Marriott, JW Marriott, The
Ritz-Carlton, The Autograph Collection, 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, The Ritz-Carlton Destination Club and Grand
Residences by Marriott brands; licenses and manages whole-ownership
residential brands including The Ritz-Carlton Residences, JW Marriott
Residences and Marriott Residences; operates Marriott ExecuStay division; and
operates conference centers. The company is headquartered in Bethesda,
USA and has approximately 137,000 employees at 2009 year-end. It is
recognized by Fortune magazine as one of the best companies to work for, and
by Newsweek as one of the greenest big companies in America. In fiscal year
2009 Marriott International reported sales from continuing operations of
nearly US$11 billion. For more information or reservations, please visit our
web site at, and for the latest company news, visit


June Farrell, +1-301-380-7796 or Mobile: +1-240-274-3859, june.farrell at, or Elizabeth Caminiti, +44-20-7012-7359, elizabeth.caminiti at

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