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Press Release: Marriott Vacation Club International
July 9, 2004
ORLANDO, FL -- Marriott Vacation Club International, the vacation ownership division of Marriott International
Inc. (NYSE: MAR), continues its tradition of providing beautiful oceanfront resorts with the opening of Marriott's
OceanWatch Villas at Grande Dunes in Myrtle Beach, South Carolina. Known for its relaxing atmosphere, temperate
weather and abundance of world class golf courses, the new resort now includes 64 of a proposed 374 two-bedroom
villas.
Marriott's OceanWatch Villas is part of a 2,200-acre master planned community called Grande Dunes, which includes
luxury residential homes, a Roger Rulewich Group-designed 18-hole golf course, a tennis center and the 405-room
Myrtle Beach Marriott Resort.
"The South Carolina coast provides an excellent vacation destination and we are happy to add Myrtle Beach
to our portfolio," said Stephen P. Weisz, president, Marriott Vacation Club International. "Together
with owners at Marriott's OceanWatch Villas, those families who own elsewhere with Marriott can enjoy this resort's
choice location in Grande Dunes."
Providing 1,157 square feet of living area, the spacious two-bedroom, two- bath villas accommodate up to eight
guests and offer oversized private balconies, most with ocean views, as well as fully-equipped kitchens, separate
living and dining areas, a television in each room and DVD in the living area, master suites with soaking tubs,
washers and dryers. Prices currently average $24,000 per week of deeded ownership, depending on villa view and
season purchased.
Marriott Vacation Club International is the recognized worldwide leader in vacation ownership with a program highly
regarded for its quality and unique flexibility. In 1984, Marriott became the first branded hospitality company
by nearly a decade to enter the timeshare industry. Now celebrating 20 years of making vacation dreams come true
for its owners and guests, MVCI continues to expand with a diverse portfolio of 6,500 timeshare resort villas throughout
the U.S., Caribbean, Europe and Asia. Today, more than 250,000 vacation owners in all 50 states and 143 countries
own their vacations "the Marriott way," offering options to exchange weeks with priority within the MVCI
portfolio, trade their week(s) for Marriott Rewards points or exchange within Interval International's global system
of 2,000 resorts in 75 countries. For more information on vacation ownership or villa rentals, please visit online
at http://www.marriottvacationclub.com or call (800) 332-1333.
Source: Marriott Vacation Club International