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Expansions & Renovations

The Laylow, Oahu's First Autograph Collection Hotel, Opens Following a $60 Million Renovation

OAHU, HI. May 15, 2017 - Autograph Collection Hotels, part of Marriott International (NASDAQ: MAR), today announced the grand opening of The Laylow following an extensive $60 million renovation. Bringing the brand’s values of vision, design and craft to the island of Oahu, The 251-room Laylow joins a distinguished portfolio of more than 100 independent hotels around the world that are exactly like nothing else.

“We are proud to introduce Autograph Collection Hotels to the island of Oahu with the opening of The Laylow, bringing a new, culturally rich perspective to the brand’s expanding portfolio of passionately independent hotels around the world,” said Julius Robinson, Vice President and Global Brand Lead, Autograph Collection Hotels.

“We are thrilled to invite global travelers to experience a new side of Waikiki through the lens of The Laylow: laid back luxury amidst a thoughtfully-designed urban oasis,” continued Robert Friedl, General Manager of The Laylow, an Autograph Collection Hotel. “The Laylow is one of the prominent properties leading the renaissance of Kuhio Avenue now buzzing with new retail and restaurants, including the recently redeveloped International Market Place. It used to be all about Kalakaua Avenue, but among people in the know, Kuhio Avenue is the place to be.”

The Laylow is managed by Pyramid Hotel Group. For hotel reservations and more information, please visit: www.LaylowWaikiki.com or (866) 913-6852. For more information about Autograph Collection Hotels, visit www.autographhotels.com.

About Autograph Collection Hotels

Autograph Collection Hotels, part of Marriott International, Inc., celebrates individuality by curating one-of-a-kind travel experiences at more than 100 luxury lifestyle hotels in nearly 30 countries and territories, among the world’s most desirable destinations. Exactly like nothing else, Autograph Collection properties are hand selected for their rich character and uncommon details. A personal realization of an individual founder’s vision, these hotels are defined by unique design, differentiated guest experiences and their meaningful role in locality. Autograph Collection Hotels is proud to participate in the industry’s award-winning loyalty program, Marriott Rewards® which includes The Ritz-Carlton Rewards®. Members can now link accounts with Starwood Preferred Guest® at members.marriott.com for instant elite status matching and unlimited points transfer. For more information, please visit www.autographhotels.com, and explore our social media channels on Instagram, Twitter, and Facebook to learn more about championing the independent spirit that is #ExactlyLikeNothingElse.

About Marriott

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 6,000 properties in 30 leading hotel brands spanning 122 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. 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. Connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

Contact:
Brittany Troy
brittany.troy@marriott.com
203-964-5965

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.