Developed by Grass River Property and Managed by HEI Hotels and Resorts, the 125-room Aloft Miami Airport Opens

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. February 14, 2017

BETHESDA, MD. February 14, 2017 - Marriott International, Inc.® (NASDAQ: MAR) today announced it has opened an Aloft hotel at Miami International Airport. The brand's fourth hotel in greater Miami, Aloft Miami Airport is an adaptive re-use project that has transformed the Pan American Bank Building into a sleek, new hotel, catering to today's hyper connected global traveler. Developed by Grass River Property and managed by HEI Hotels and Resorts, the hotel features 125 spacious, loft-like rooms, forward-thinking technology and an active social scene.

“We are excited to open this adaptive re-use Aloft hotel right next to Miami International Airport as we continue to grow the brand's portfolio in this dynamic market,” said Toni Stoeckl, Vice President of Aloft Hotels. “Boasting a portfolio of more than 100 hotels worldwide, Aloft continues to resonate with travelers with its tech-forward atmosphere, leading-edge design and live music at the buzzing W XYZ bar.”

Just minutes from the airport and top shopping destinations such as Port of Miami, Miami Free Trade Zone and Dolphin Mall, Aloft Miami Airport hotel is also convenient to numerous corporations, Coconut Grove, the University of Miami and downtown Miami's best clubs and restaurants. It is one of several successful adaptive re-use projects for the Aloft brand in cities across North America including Aloft Orlando Downtown, Aloft Tulsa, Aloft Dallas Downtown, Aloft Detroit at the David Whitney and Aloft Tampa Downtown.

“Aloft is winning over travelers with its emphasis on design and tech-forward amenities, and we're proud to bring the brand to the airport market,” said Peter LaPointe, Principal, Grass River Property “The new Aloft will infuse a unique energy into the area and we expect it will soon become a leading choice with travelers to the city.”

Aloft Miami Airport features SPG Keyless—the Company's industry-first keyless entry system that enables guests to use their smartphone or Apple watch as a room key—and fast and free Wi-Fi throughout the property. Additional amenities include 500 square feet of flexible meeting space, an outdoor Splash pool, a Re:chargeSM fitness center; Re:fuelSM by Aloft - a one-stop gourmet grab & go food and beverage area; and live, local music at the brand's signature W XYZ® bar as part of the signature Live At Aloft Hotels music series. The property also includes three third party dining options including a coffee shop and two restaurants.

Visit the property directly at aloftmiamiairporthotel.com.

About Aloft Hotels

With more than 100 hotels now open in 19 countries around the world, the Aloft brand delivers a fresh approach to the traditional staid hotel landscape. For the 'always on' next generation of traveler, the Aloft brand offers a tech-forward, vibrant experience and a modern style that is different by design. Aloft is proud to participate in the industry's award-winning loyalty program, Starwood Preferred Guest®, in which members can link accounts with Marriott Rewards® and The Ritz-Carlton Rewards® for instant elite status matching and unlimited points transfer. For more information, please visit www.alofthotels.com.

About Marriott

Marriott International, Inc. (NASDAQ: MAR) is the world's largest hotel company based in Bethesda, Maryland, USA, with nearly 6,000 properties in 120 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company's 30 leading brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Meridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea Hotels by Marriott®. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.

About Grass River Property

Grass River Property is a Coconut Grove, Florida-based real estate investment and development firm with investments across various asset classes, including residential, hotel, retail and office. Since inception, the firm has targeted investments in urban properties served by existing transportation infrastructure for high value-add residential as well as commercial and mixed-use developments stressing walkability, transit access and sustainability in increasingly dense urban settings. Grass River's principals, Justin Kennedy, Tobin Cobb, George Spillis, Peter LaPointe, Chris Cobb and Tom Roth have decades of experience working with some of the nation's largest real estate and financial firms, including LNR Property, Flagler, Hines, Bayview Financial, Deutsche Bank and Goldman Sachs. Learn more at www.GrassRiverProperty.com.

Contact:
[email protected]
(212) 343-3920