$47 Million Mystic Marriott and Spa Open For Business; Groton, CT Hotel The Newest Premier Property For Marriott and Elizabeth Arden

Press Release: Waterford Hotel Group, Inc.
July 3, 2001
WATERFORD, CT -- Marriott International and Elizabeth Arden Salon Holdings, Inc. have opened the doors at their latest full-service, premier property. Officiating at the opening ceremonies for the $47-million Mystic Marriott Hotel and Spa were Connecticut Governor John G. Rowland along with Bill Munck from Marriott International and Teresa McKee from Elizabeth Arden. Conveniently located halfway between New York and Boston, the Groton, CT property is only the second partnership between Marriott and Elizabeth Arden, continuing the expansion by both companies into the upscale travel destination market.

Built by Wolman Construction of Waterford, CT, developed by Mystic Hotel Investors, LLC and managed by Waterford Hotel Group, the Mystic Marriott is a landmark property on the industry's cutting edge. It boasts a 10,000 square foot, full-service Red Door Spa (only the third resort spa for Elizabeth Arden and the first in Connecticut), two ballrooms and nine conference rooms totaling 25,000 square feet of function space (among the largest in the region), and the area's first and only Starbucks Coffee bar. Room rates range from $189 to $240 per night.

Designed to become the region's hotel of choice for major corporations, conference planners and the upscale leisure market, all 285 rooms feature premium executive amenities, complemented by a state-of-the-art fitness center, business center, executive boardrooms, concierge level with lounge, airport and attraction shuttle transportation, as well as incomparable services for catering, banquet and audio-visual needs. The hotel's signature dining facility, the 145-seat Octagon restaurant, was the brainchild of CB5, one of the nation's leading, high-concept restaurant development teams. With its 16-foot octagonal open flame grill and its masterful offerings of quality beef selections, Octagon is expected to be a regional standout in dining destinations.

The full-service Elizabeth Arden Red Door at the Mystic Marriott takes generous advantage of the hotel's luxurious Georgian setting along the scenic Poheganut Reservoir, in close proximity to the area's beautiful ports and beaches. It offers all of EARD's signature facilities and services, including relaxation and serenity rooms, a spa cafe, a juice and elixir bar, fitness center and retail boutique.

The Marriott Mystic is the eighth Marriott franchise for Waterford Hotel Group, Inc. Since it's founding in 1984, Waterford Hotel Group has been one of the most successful and fastest growing companies in the hospitality industry.

For further information, contact the Waterford Hotel Group, Inc.; telephone 860-442-4559, fax 860-437-7752 or visit the company's website at http://www.waterfordhotelgroup.com.

SOURCE: Waterford Hotel Group, Inc.