Marriott International and Ian Schrager to Debut Two Edition Hotels in Tokyo Expected to Open in 2020

. July 13, 2017

TOKYO, JP. July 13, 2017 - Marriott International, Inc. (NASDAQ:MAR) together with Ian Schrager today announced the signing of two separate agreements with Mori Trust Co., Ltd., the largest owner and franchisee of Marriott International hotels in Japan, for The Tokyo EDITION, Ginza and The Tokyo EDITION, Toranomon. Expected to open in 2020, these two distinctive luxury lifestyle hotels will mark the debut of EDITION in Japan.

EDITION Hotels is an unexpected and refreshing collection of individualized, customized, one-of-a-kind hotels which redefines the codes of traditional luxury. Displaying the best of dining and entertainment, services and amenities “all under one roof', each EDITION property is completely unique, reflecting the best of the cultural and social milieu of its location and of the time.

Conceived by Ian Schrager in a partnership with Marriott International, EDITION combines the personal, intimate, individualized experience that Ian Schrager is known for, with the global reach, operational expertise and scale of Marriott. The authenticity and originality that Ian Schrager brings to this brand coupled with the global reach of Marriott International results in a truly distinct product sets itself apart from anything else currently in the marketplace.

“We are thrilled to sign two new EDITION hotels in Tokyo, Japan's dynamic capital, where pulsing modernity meets vibrant customs, compelling cuisine and much more,” said Anthony Capuano, Executive Vice President and Global Chief Development Office, Marriott International. “Tokyo serves as the perfect setting for the EDITION brand, presenting the best of the world's cultural and social milieu for travellers who seek exceptional places and experiences.”

Miwako Date, President & CEO of Mori Trust, added, "We are pleased to introduce the EDITION hotels which has proposed the world's most advanced trends such as new culture and new luxury in major cities of the world to Tokyo's central business district and the major shopping district. I am convinced that from these two EDITION hotels new values of a new era that attract the world's people can be sent to the world at the best timing of 2020 when the Tokyo Olympic Games will be held." 

“Tokyo is one of the most sophisticated 24-hour gateway cities in the world,” commented Ian Schrager, Chairman and Chief Executive Officer of Ian Schrager Company. “From art, culture, design, architecture, fashion, nightlife, shopping and international cuisine, the city is the perfect home for EDITION and we look forward to bringing our unique hotel offering to the city.”

The Tokyo EDITION, Ginza will be a newly built 13-storey standalone property with 80 guestrooms. Located just off Chuo Street, the main shopping street in Ginza, the hotel site affords convenient access to Ginza-Itchome Station, Ginza Station and Tokyo Station, as well as shopping complexes, restaurants and tourist attractions such as Tokyo Imperial Palace. Construction is expected to start in May 2018, with an opening planned for March 2020.

Meanwhile, the 200-key Tokyo EDITION Toranomon will be built as part of a redevelopment of the former Pastoral Building, a mixed-use project comprising offices, residences and a medical center. Located in Minato ward, the hotel site is within walking distance from Kamiyacho Station and Roppongi-Itchome Station; it is also a short drive to Toranomon Station and Tokyo Station as well as minutes from government offices, embassies and consulates, office buildings, retail and dining facilities, and cultural sites such as Akasaka Palace and Meiji Shrine. Site excavation work has started, with the hotel opening planned for 2020.

For more information, please visit www.editionhotels.com. www.edition-hotels.cn

About Marriott International, Inc.

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 6,100 properties in 30 leading hotel brands spanning 124 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. 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. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

About Ian Schrager Company

For five decades entrepreneur Ian Schrager, chairman and chief executive officer of Ian Schrager Company has achieved international recognition for concepts that have revolutionised both the entertainment and hospitality industries. Schrager's groundbreaking hotel concepts have changed the business and set industry standards that continue to be imitated throughout the world. I.S.C. owns, develops, manages and brands hotels, residential and mixed use project and has transformed the fabled Gramercy Park Hotel in New York City, created two groundbreaking residential properties, 40 Bond and 50 Gramercy Park North and successfully launched his new brand, PUBLIC Hotels.

About EDITION

Each hotel with its rare individuality, authenticity, originality, and unique ethos reflects the best of the cultural and social milieu of its location and of the time. Although all the hotels look completely different from each other, the brand's unifying aesthetic is in its approach and attitude to the modern lifestyle rather than its appearance. EDITION is about an attitude and the way it makes you feel rather than the way it looks. Sophisticated public spaces, finishes, design and details serve the experience, not drive it. For an underserved market of affluent, culturally savvy and service-savvy guests, the EDITION experience and lifestyle explores the unprecedented INTERSECTION and the perfect BALANCE between taste-making design and innovation and consistent, excellent service on a global scale. Future hotels are underway in Bangkok, Abu Dhabi, Shanghai, Barcelona, Times Square, New York, West Hollywood, Bodrum, Reykjavik, Iceland, Bali, Indonesia, Dubai and Singapore.

Contact:
Hugh Whelan
646 710 3153

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