Marriott International, Inc. (NYSE: MAR) announced today that it will open its first Residence Inn by Marriott in South America in Ecuador in 2012 with the opening of the 143-room Residence Inn by Marriott Guayaquil. The hotel will be operated under a management agreement with Furoiani Obras y Proyectos. -
“We are thrilled to introduce the Residence Inn by Marriott brand to Ecuador, said Manuel Ovies, area vice president for South America for Marriott International. “With spacious suites, full kitchens, and free breakfast, Residence Inn provides a tremendous value for travelers,” he continued. “We are confident that this dynamic product will find success in Guayaquil.”
The Residence Inn Guayaquil will offer 143 spacious suites, ranging from studio to two-bedroom accommodations. Designed for stays of five nights or more, each suite includes a fully equipped kitchen and separate living and working area, complimentary high speed internet access, flat screen TV, and Marriott’s highly acclaimed bed and bath linens. Rates vary depending on length of stay. Other hotel facilities and services include an outdoor swimming pool, fitness center, business center, and a complimentary weekly social hour. The hotel also offers two meeting rooms designed to accommodate small meetings or events.
Guayaquil is Ecuador’s largest city and a major commercial center. With its well known Pacific Ocean port, Guayaquil has evolved into the country’s premier international commerce and shipping destination. When opened, the Residence Inn Guayaquil will be Marriott’s third hotel in Ecuador. Marriott International is currently represented in the country by the 257-room JW Marriott Quito, and the 144-room Courtyard by Marriott Guayaquil.
Residence Inn is Marriott’s third largest lodging brand with more than 600 properties in North and Central America. Residence Inn participates in the award-winning Marriott Rewards frequent guest program which is the world’s largest frequent stay program with 28 million members. Members can earn points toward free vacations or frequent flyer miles in their preferred airline program at more than 3,100 Marriott hotels in 67 countries.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with more than 3,300 lodging properties in 68 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, The Ritz-Carlton Residences and Grand Residences by Marriott brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA and had approximately 146,000 employees at 2008 year-end. It is recognized by FORTUNE® as one of the best companies to work for, and by the U.S. Environmental Protection Agency (EPA) as Partner of the Year since 2004. In fiscal year 2008, Marriott International reported sales from continuing operations of nearly $13 billion. For more information or reservations, please visit our web site at www.marriott.com. For an interactive online version of Marriott's 2008 Annual Report, which includes a short video message from Chairman and CEO J.W. Marriott, Jr., visit www.marriott.com/investor.
FUROIANI OBRAS Y PROYECTOS (FOP): is one of the leading and most reputed construction and architectural design companies in Ecuador. Incorporated in 1975 by Mr. Jose Furoiani whose team started to build, design and develop projects since 1963. The company that has remained a wholly owned family business has evolved into one of the largest in the country, designing, developing and building more than 10,000 housing units, along with hospitals, industrial facilities, banks, university campus and a planetarium. The company is based in Guayaquil, Ecuador with operations throughout the country with approximately 700 employees and operations in fiscal year 2008 for more than $ 30’000.000.00. For more information please visit www.furoiani.com.