Press Release: Marriott International, Inc.
August 16, 2002
TORONTO, ON -- Wednesday, Aug. 14, Marriott International, Inc. (NYSE: MAR), celebrated the opening of five new
hotels in the Greater Toronto Area -- the Courtyard Vaughan, Courtyard Toronto/Mississauga, Courtyard Toronto/Markham,
Residence Inn Toronto/Mississauga and Residence Inn Toronto/Markham. All five hotels will operate as a Marriott
franchise, owned and managed by Concord Hospitality Enterprises Co. of Mentor, Ohio.
The grand opening of the hotels was inaugurated with a ribbon cutting ceremony at the Mississauga location. J.W.
Marriott Jr., Chairman and CEO, Marriott International Inc.; Mark G. Laport, President and CEO, Concord Hospitality
Enterprises Co.; Alain Piallat, President of Marriott Hotels of Canada; and The Honourable Hazel McCallion, Mayor
of the City of Mississauga participated in the event.
"Today marks a number of important milestones for our company. This Courtyard hotel is our 50th international
Courtyard by Marriott and with these five new properties, we now have 33 hotels in Canada," said J.W. "Bill"
Marriott Jr. "Business and leisure travel is on the upswing once again and we are confident that these properties
and the additional growth forecast for Canada will help make Marriott THE lodging choice for domestic and international
visitors."
Concord Hospitality Enterprises Company is the owner/operator of these five properties. Established in 1985, this
is Concord's first entry into Canada, with other assets including both full and limited service hotels in seven
U.S. states.
"We are thrilled to celebrate the grand openings of our first international properties," said Mark G.
Laport, President and CEO of Concord Hospitality Enterprises Co. "These hotels will give us a significant
presence across the GTA, an area with a rebounding economy and growing potential for business and leisure travel."
Located within 20 kilometres of Lester B. Pearson International Airport, the hotels offer convenient access to
several Toronto attractions including, Paramount Canada's Wonderland, the CN Tower, the Skydome and downtown Toronto.
Courtyard Properties
Courtyard by Marriott is the leading select-service hotel brand in the United States. Providing guests with a
combination of casual comfort and timesaving services, Courtyard hotels feature large functional guest rooms and
the properties are conveniently situated where people travel. Locations range from airports and office parks to
downtown areas and recreational destinations. Several locations feature revitalized historical buildings. Courtyard
has more than 540 hotels worldwide, including properties in the U.K., Germany and China. Courtyard participates
in the company's award-winning Marriott Rewards® frequent guest program where members earn their choice of
points toward free vacations or frequent flyer mileage for dollars spent at more than 2,100 Marriott hotels worldwide.
Meeting the evolving needs of the traveler, Courtyard has redesigned the public space in its properties. The new
concept includes: a business centre featuring individual workstations with high speed data ports and ergonomic
chairs; a pantry-style, 24-hour "grab and go" food and beverage area; and a lounge area where guests
can work, socialize and dine in a relaxed setting.
"Our new designs build upon the foundations of our long term success. Understanding what business travelers
want, what they need, and how they feel, leads us to create spaces that enhance their productivity and enable them
to be in control of their travel experiences," said Courtyard Brand Vice President Mike Hutter. "These
hotels offer purposeful functionality and appropriate elements of style, yet maintain the simplicity, comfort and
intuitive designs that characterize the Courtyard brand."
Residence Inn Properties
Residence Inn by Marriott, the leader in extended-stay lodging, offers more than 400 hotels in 43 U.S. states,
the District of Columbia, Canada and Mexico. Residence Inn's spacious suites with full kitchens and separate areas
for working, relaxing, eating and sleeping balance home-like comfort with high functionality, a warm staff and
services such as complimentary hot breakfast and evening social hours add to the sense of community. Residence
Inn participates in the company's award-winning Marriott Rewards® program, which enables members to earn their
choice of points toward free vacations or frequent flyer mileage in their preferred airline program for dollars
spent at more than 2,100 Marriott hotels in 60 countries. The Mississauga and Markham properties are the 10th and
11th Residence Inns for Canada, respectively.
"We are pleased to introduce two Residence Inn hotels in the Toronto area," said Stacey Milne, Residence
Inn Brand Vice President, Marriott International. "These new hotels were designed to provide guests on long-term
business assignments with the ability to maintain a work/life balance while away from home."
For more information or reservations, please call any of the Courtyard or Residence Inn hotels directly, speak
with your local travel agent, or visit www.marriott.com. The Courtyard toll-free number is 1-800-321-2211 and
the Residence Inn toll-free number is 1-800-331-3131.
Concord Hospitality Enterprises Company, established in 1985, develops and operates select and full-service hotels.
Concord owns and manages hotels under three franchise companies: Marriott, Radisson, and Hilton Hotels (Hampton
Inn), as well as an independent, boutique hotel. Marriott hotels include Renaissance and Marriott full-service
hotels, Courtyard, Fairfield Inn & Suites, Fairfield Inn, SpringHill Suites, and Residence Inn. Concord currently
operates 31 hotels consisting of 3,869 guest rooms in eight states and the Greater Toronto area, with an additional
1,575 rooms in development, and has over 1,600 associates. For more information or reservations, please visit
the company's website at www.concordhotels.com.
MARRIOTT INTERNATIONAL, INC. (NYSE: MAR), a leading worldwide hospitality company celebrating its 75th Anniversary
in 2002, has nearly 2,600 operating units in the United States and 64 other 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 Ramada International brand names; develops
and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton
Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate
housing through its Marriott ExecuStay division; and operates conference centers. Other Marriott businesses include
senior living communities and services, wholesale food distribution and synthetic fuel. The company is headquartered
in Washington, D.C., and has approximately 142,500 employees. In fiscal year 2001, Marriott International reported
systemwide sales of $20 billion. For more information or reservations, please visit our web site at www.marriott.com.
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CONTACT:
Matthew Carroll/Lucy Slosser Sheri Goulet / Diana Conconi
Marriott International Fleishman-Hillard Canada
301-380-8331/8009 416-645-3654 / 8196
matthew.carroll@marriott.com goulets@fleishman.com