Development

Second Marriott Executive Apartments Property Planned For Shanghai

The second Marriott International (NYSE:MAR) luxury property in Shanghai for extended stay travelers will open in Pudong in 2006 under a management agreement with Shanghai Xinzhao Realty Development Co, Ltd.

Marriott When opened, the 223-unit property will be named Union Square Shanghai Pudong Marriott Executive Apartments. It will be the fourth Marriott Executive Apartments facility in China and the eighth Marriott International property in the city.

The Union Square Shanghai Pudong Marriott Executive Apartments will be situated on a prime site in the heart of the Lujiazui district of Pudong. It will be part of a mixed-use development which also will include approximately 34,000 square meters of office space and 12,000 square meters of retail space. The surrounding neighborhood boasts several office towers, residential buildings and a number of retail developments. Yaohan Department Store and the Times Square retail complex are both within walking distance.

“We are excited by the continued expansion of our highly-successful Marriott Executive Apartments lodging brand in China,” said Ed Fuller, president and managing director of international lodging for Marriott International, “and are confident of the future success of this outstanding lodging product.”

For dining and recreation, the Union Square Shanghai Pudong Marriott Executive Apartments will have a lounge/restaurant, an indoor swimming pool and a 650-square meter fitness center. Other amenities will include a resident lounge, multi-purpose game room, a resident service desk, room service, on-property resident storage and a carpark facility.

Marriott Executive Apartments are designed to meet the needs of business travelers who plan to stay at a destination for an extended period of time. The lodging brand offers home-style living combined with the indulgences of deluxe hotel services. Apartments range in size from studio units to three-bedroom serviced units.

All Marriott Executive Apartments provide pre-arrival consultation, welcome amenities such as property orientation and city tour, round-the-clock staffing, minimum twice-weekly housekeeping service, grocery delivery and laundry service and complimentary morning coffee service in the lobby.

Each unit contains a fully-equipped kitchen, washer/dryer, security safe and storage; high- quality and comfortable furnishings that create a warm and home-like environment; dedicated work area and desk; double phone and fax lines with voice mail and private line and TV and VCR.

All Marriott Executive Apartments also participate in Marriott’s highly-acclaimed, 21 million-member strong Marriott Rewards frequent guest loyalty program.

Marriott International is represented in Shanghai by the 225-unit Shanghai Marriott Executive Apartments at Tomorrow Square; the 342-room JW Marriott Hotel Shanghai, the 313-room Shanghai Marriott Hotel Hongqiao; the 564-room The Portman Ritz-Carlton Shanghai; the 369-room Renaissance Pudong Shanghai Hotel, the 544-room Renaissance Yangtze Shanghai Hotel, and the 217-room Courtyard by Marriott Shanghai Pudong.

In addition to Shanghai, Marriott Executive Apartment properties in China are located in Hong Kong and Beijing.

Looking ahead, under construction and scheduled for opening in China over the next two years are the 450-room Shenzhen Marriott Hotel (2005), the 289-room Renaissance Wuhan Hotel (2005), the 247-room Courtyard by Marriott Nanchang (2006) and the 591-room JW Marriott Hotel Beijing (2007).



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