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Marriott International to Open Second Marriott Executive Apartments in Bangkok in 2008


184-Unit Facility to Be Located in the Heart of the Central Business District.

Bethesda, MD .-Marriott International, Inc. (NYSE:MAR) will open its second Marriott Executive Apartments facility for extended stay travelers in Bangkok in early 2008 under a management agreement reached with Metrostar Property Public Company, Ltd., a listed company on the stock exchange of Thailand.

The 184-unit Sathorn Vista, Bangkok--Marriott Executive Apartments will be housed in a stand-alone, 31-storey tower on Soi Suanplu, off South Sathorn Road in the heart of Bangkok’s central business district. Nearby are the offices of various banks and the embassies of Singapore, Australia, France, Germany, Austria and Denmark. The Suan Lum Night Bazaar and the Lumpini subway station as well as the Saladaeng BTS station are all located in close proximity to the site. Bangkok’s new international airport is a 40-minute drive away.

Architects & Associates Co. Ltd. has been retained as the project’s architect; Leo International Interior and Architecture is the interior designer.

“We are excited by the continued expansion of our lodging portfolio in Thailand,” said Ed Fuller, president and managing director of international lodging for Marriott International. “When opened next year, this will be the fifth Marriott International property in Bangkok. All are extremely successful and we are confident that this sensational new serviced apartment facility will be very popular with long-term visitors to Bangkok.”

Metrostar Property mainly focuses on residential developments in prime locations in Bangkok. The agreement with Marriott is part of the company’s strategy to introduce quality projects to the market. Metrostar has indicated that is confident that this project, situated on a much sought-after land parcel in the center of the financial district of Bangkok, will be a very successful addition to the serviced-apartment market in the city.

Marriott Executive Apartments offer residential-style living combined with the indulgences of deluxe hotel services. Apartments range in configurations from studios to three-bedroom serviced apartments. All Marriott Executive Apartments provide pre-arrival consultation, welcome amenities such as property orientation and city tour, round-the-clock staffing, thrice-weekly housekeeping service, grocery delivery and laundry service.

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

For dining, the Sathorn Vista, Bangkok--Marriott Executive Apartments will have a casual restaurant serving three meals daily. Recreational amenities will include a swimming pool, spa and fitness center. The property will also offer a resident-service desk, a resident lounge, a multi-purpose game room, a sundry shop, a business center, room service, and an on-site resident storage room.

For small meetings and social events, the property will have an 80-square meter meeting room.

All Marriott Executive Apartments also participate in Marriott’s highly-acclaimed, 26 million-member strong Marriott Rewards frequent guest loyalty program.

Other Marriott Executive Apartments can be found in Hong Kong, Mumbai, Prague, Budapest, Brussels, Dubai, Tokyo, Shanghai, London, Sao Paulo, Beijing, and Jakarta. Future openings include Doha and Manama.

Marriott International is represented in Bangkok by the 446-room JW Marriott Hotel Bangkok, the 162-unit Bangkok Mayfair Marriott Executive Apartments, the 449-room Bangkok Marriott Resort & Spa and the 316-room Courtyard by Marriott Bangkok which recently opened.

Elsewhere in Thailand, the Marriott International portfolio includes: the Hua Hin Marriott Resort & Spa, the Pattaya Marriott Resort & Spa and the JW Marriott Phuket Resort & Spa. Four Courtyard by Marriott hotels are scheduled to open in 2008: three will be located in Phuket, at Surin Beach, Kamala Beach and Patong Beach; the fourth will be located near Hua Hin at Cha-Am Beach.


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