Acquisitions & Hotel Openings

Marriott To Open Residence Inn, Lexington, KY

August 25, 2010 - Marriott International, Inc. (NYSE:MAR; www.marriott.com) is scheduled to open the 104-suite Residence Inn by Marriott in Lexington, Kentucky this Tuesday, August 31, 2010. Located at 3110 Wall Street, the Residence Inn Lexington Keeneland/Airport will operate as a Marriott franchise, owned and managed by Tharaldson Enterprises of Fargo, North Dakota.

Located four miles from the Bluegrass Airport, the Residence Inn Lexington Keeneland/Airport offers its guests convenient access to Keeneland Racetrack, Rupp Arena, the Kentucky Horse Park and the Downtown Historical District. Rates vary depending on length of stay.

“We are pleased with the continued growth of Residence Inn hotels in the Lexington area,” said Katie Tyson, vice president for Residence Inn. “This new hotel was designed to be a home away from home and provides a residential atmosphere and spacious accommodations for guest comfort.”

Residence Inns are designed as all suite hotels that offer studio, one-bedroom and two-bedroom suites. Designed for stays of five nights or more, each suite has a fully-equipped kitchen with coffee maker, microwave oven, full-sized appliances and free high-speed Internet access. The hotel offers daily housekeeping, complimentary grocery shopping services and same-day dry cleaning.

A complimentary hot breakfast buffet, HomeTouch™ is available each morning in the lobby area. Other hotel facilities and services include an indoor swimming pool and whirlpool spa, exercise room/SportCourt®, a social room, weeknight social hour and faxing/copying/printing. The hotel also offers 800 square feet of meeting space to accommodate small meetings and functions up to 30 people.

Residence Inn by Marriott is a moderately priced extended stay brand that helps guests to thrive on long stays. Spacious suites with full kitchens offer the comforts of the modern home, while associates provide intuitive service with a human touch. With nearly 600 properties in North and Central America and the Caribbean, Residence Inn is Marriott’s second largest lodging brand, with another 154 hotels on the way, including a new Residence Inn prototype customized for the European market -- the Residence Inn by Marriott Munich Orleansstrasse – opening in 2011.

For more information or reservations, call the Residence Inn Lexington Keeneland/Airport hotel directly at 859-296-0460, the Residence Inn toll-free number at 800-331-3131, a travel agent or visit the Web site at www.residenceinn.com.

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