Sonesta Announces Potential Merger Discussions
Boston, MA 0 October 31, 2011 - Sonesta International HotelsCorporation (Nasdaq:SNSTA) today announced that it is engaged in discussions with third parties who have approached it regarding potential transactions, including a possible merger transaction. At this stage, no assurances can be given that these discussions will result in a definitive agreement or a transaction being consummated or as to the value that any such transaction might have for Sonesta's stockholders. Sonesta does not intend to issue any other press release relating to these matters until such time, if ever, that it enters into a definitive agreement for a transaction.
Sonesta operates a distinctive international collection of upscale hotels, resorts and cruise ships in Boston, Massachusetts; Miami, Florida; New Orleans, Louisiana; and Egypt (13). In addition, the Company has license/franchise agreements for hotels in Sint Maarten (2), Chile (3), Colombia (4), Ecuador, and Peru (7). For further information, please visit Sonesta's website at www.sonesta.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
