202-room Guayaquil Marriott Will Open in Ecuador in 2016

Being Developed by Hotecapsa

. September 17, 2014

Quito, Ecuador - September 17, 2014 - Marriott International's (NASDAQ: MAR) signature brand, Marriott Hotels, announced plans to open the 202-room Marriott Hotel in Guayaquil in 2016, The Guayaquil Marriott will be the company's third property in Ecuador and is being developed by Hotecapsa, overseen by Mr. Angel P. Sanchez. Mr. Sanchez is a major local developer in Guayaquil who also opened the famous Sanchez Aguilar Theatre, The Plaza Buena Vista Mall and the Plaza del Prado Mall.

Situated in the heart of Los Arcos, Samborondon, the Marriott Guayaquil Hotel will be located in one of city's most desirable areas within walking distance to Guayaquil's best shopping, dining and entertainment.

"We are very excited about our new partnership with Marriott and the opportunity to establish the Marriott Hotels brand's footprint in Ecuador. With the success of the two existing Marriott International properties in Ecuador and the Marriott brand across Latin America and around the world, we are confident that this hotel will be highly successful and play a large role in the continued emergence of the country," Mr. Angel P. Sanchez, president of Hotecapsa, owner of hotel.

"This is a very exciting time for Marriott in Latin America - we recently announced our goal to double our portfolio in the Caribbean and Latin America by 2017 and are thrilled to now be expanding our portfolio in Ecuador with our new partners," said Craig S. Smith, President of the Caribbean and Latin America, Marriott International. "With this project, not only are we bringing more hotel rooms to the Ecuadorian market, but doing so in a vibrant city like Guayaquil which is experiencing a large growth in business and leisure tourism."

"We are confident that this beautiful hotel will be highly successful and open the doors for more development opportunities in the surrounding markets in South America, as well as play a large role in the continued emergence of Ecuador," said Laurent de Kousemaeker, Chief Development Officer, Caribbean and Latin America, Marriott International.

In addition to 202 guest rooms and suites, the hotel will feature a three-meal-a-day restaurant bar & lounge, a rooftop bar, a concierge lounge, a marketplace, business center, ample meeting space, and state of the art recreational facilities include a swimming pool and a fitness center.

Marriott International is currently represented in Ecuador with the 257-room JW Marriott Quito and the 135-room Courtyard by Marriott Guayaquil.

Visit Marriott International, Inc. (NASDAQ:MAR) for company information.

About Marriott Hotels

With 500 hotels and resorts in nearly 60 countries around the world, Marriott Hotels is evolving travel through every aspect of the guest's stay, enabling the next generation to Travel Brilliantly. Boldly transforming itself for mobile and global travellers who blend work and play, Marriott leads the industry with innovations, including the Greatroom, Future of Meetings and Mobile Guest Services that elevates style & design and technology. All Marriott hotels participate in the award winning Marriott Rewards frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information, visit www.MarriottHotels.com.

To join the ongoing Marriott conversation, like us on Facebook (Facebook.com/Marriott) and follow us on Twitter (Twitter.com/Marriott, @Marriott).

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