Marriott International Partners With Four Native American Tribes to Launch Unprecedented Economic Partnership

New $43 Million Residence Inn by Marriott Capitol is Near the Smithsonian’s National Museum of the American Indian (NMAI)

WASHINGTON, March 3 /PRNewswire/ — Marriott International, Inc. (NYSE:MAR) , Four Fires LLC, a unique financial partnership of Native American tribes, and The Donohoe Companies, celebrated the grand opening of the $43 million Residence Inn by Marriott Capitol, at 333 E Street, S.W. The celebration, which included a Native American blessing and flag ceremony, was held at the hotel at 11 a.m. today.

The 13-story, 233-suite hotel is the first of several such joint ventures. The project was conceived and developed by The Donohoe Companies, a 120-year- old Washington, D.C., full-service real estate company. The tribal partnership is the first of its kind to jointly invest in a non-gaming hotel property. J.W. Marriott, Jr., chairman and CEO of Marriott International, and James A. Donohoe III, president and CEO of The Donohoe Companies, joined the Four Fires tribal chairs for the opening.

“We are truly delighted that Marriott is part of this extraordinary project and partnership,” said Mr. Marriott. “This development is important from a cultural and economic perspective, particularly because the four tribes have combined their resources to create a dynamic business venture.”

“The Four Fires partnership is an example of how we are building on our success to attract top-tier owners and franchisees who represent the diversity of our guests and the communities where we do business,” added Norman K. Jenkins, senior vice president of North American Lodging Development for Marriott.

Marriott recently announced a $1 billion diversity outreach initiative, which includes the commitment to double the number of minority-owned Marriott properties over the next five years. Marriott is an industry leader in hotel franchisee/owner, employee and supplier diversity.

For Four Fires, the Residence Inn by Marriott Capitol also represents a significant tribal investment in non-gaming enterprises. By combining resources, the tribes hope to minimize risk and build upon one another’s diverse business experiences.

“Combining financial interests and expertise with those of other tribes is key to ensuring the financial stability and security of future generations of our tribal communities,” said Anthony Pico, chairman of the Viejas Band of Kumeyaay Indians.

Hospitality Partners of Bethesda will manage the D.C. property, which will feature traditional Residence Inn amenities, including 2,400 square feet of meeting space, underground parking with 100 spaces, a business center, breakfast/evening reception area, fitness center, indoor pool and gift shop. The building’s architecture, designed by BBGM – Architects & Interiors, has elements that are evocative of the design of the nearby National Museum of the American Indian.

“The timing could not be better for our opening,” said Michael Dickens, president and CEO of Hospitality Partners. “It comes just months after the opening of the new National Museum of the American Indian and Washington’s new convention center. We are proud to be a part of this exciting venture.”

MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading lodging company with more than 2,600 lodging properties in the United States and 65 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 Bulgari 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. The company is headquartered in Washington, D.C., and has approximately 133,000 employees. It is ranked as the lodging industry’s most admired company and one of the best places to work for by Fortune(R) magazine. In fiscal year 2004, Marriott International reported sales from continuing operations of $10 billion. For more information or reservations, please visit our web site at http://www.marriott.com/.

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