Marriott Breaks Ground on First Hispanic-owned Hotel in Washington, DC

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. October 14, 2008

WASHINGTON, DC, July 11, 2007. Marriott International, Inc. (NYSE:MAR) joins Washington, D.C. Mayor Adrian M. Fenty and the Hispanic Hotel Owners Association (HHOA) today to break ground on the first Hispanic- owned Marriott hotel in the District of Columbia.

The soon-to-be 218-room Courtyard by Marriott, set to open in 2009, will be located in the new NoMA (North of Massachusetts Avenue) Business Improvement District and majority- owned by Robert Finvarb, Esq., of the Finvarb Group. Local business owners Craig Welburn of Welburn Hospitality, Dave Wilmot, Esq. of Harmon, Wilmot, Brown & Bagwell, LLP and local businessmen Thomas Hopkins and Dr. Barron Harvey; will also have partial ownership in the hotel.

"This ground breaking is symbolic of many things," said Washington, D.C. Mayor Adrian M. Fenty. "It means increased jobs for area residents, growth opportunities for local business owners and forward movement on the up-and- coming NoMA area of the District. It's great for our city."

Launched in 2005, the Diversity Ownership Initiative was established to introduce savvy business owners to the hospitality industry and to diversify the company's ownership base. The goal is to have 500 hotels owned or managed by minorities and/or women by 2010.

"The new Courtyard partnership with Finvarb, Welburn and Wilmot is a great example of Marriott's Diversity Ownership Initiative," said Norman K. Jenkins, senior vice president, North American Lodging Development, Marriott International, and champion of the Diversity Ownership Initiative. "We currently have more than 400 hotels that are owned, managed or in the pipeline by diverse owners. We're well on track to exceed our five-year goal."

"Marriott's Diversity Ownership Initiative has opened the door to hotel ownership within the Hispanic community," said Angela Gonzales-Rowe, president and founder of the Hispanic Hotel Owners Association. "With 25 Hispanic- American owned hotels, opened or in development since its inception, the program is clearly leading the industry."

Marriott has a long-standing commitment to diversity. This year, the company was named "Top 50 Companies for Diversity" by DiversityInc, "Top 50 Companies for Supplier Diversity" by Hispanic Trends magazine, and has been recognized by Fortune magazine as one of "America's Most Admired Companies" for the eighth consecutive year. In 2003, Marriott established the Committee for Excellence to monitor ongoing progress in the areas of hotel ownership, human resources and supplier diversity. It is chaired by BET Networks President Debra Lee and has reported recent successes which include a record spend of $400 million with diverse suppliers and an all-time high in diverse appointments to management positions.

The soon-to-be Courtyard by Marriott will feature a green roof and showcase elements of the brand's "reinvented" strategy, which applies creative guest room and lobby elements to newly opened hotels. One of the new design features is the console desk design, which offers movable casters, an increased workspace, additional power outlets, and improved lighting to increase productivity. The hotel will be included among new NoMA residents - U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), XM Satellite Radio, CareFirst BlueCross BlueShield, Kaiser Permanente, and CNN.